On behalf of The Walters Law Group, Ltd. posted in Divorce on Wednesday, July 24, 2013. In a recent “Fox and Friends” television segment, a noted legal analyst stated that two groups of people are considered to be the most likely to avail themselves of pre-nuptial agreements: those who marry for the second time and those who marry later in life. Couples in Illinois and across the country might be interested to know that “prenups,” as they have become known, are considered a good idea. According to the analyst, the most importantContinue reading
Category Archives: Family Law
Gay or lesbian marriages ending in divorce
On behalf of The Walters Law Group, Ltd. posted in Family Law on Monday, July 22, 2013. For many same-sex couples, being able to enter the civil institution of marriage is a long-awaited blessing. The District of Columbia, in conjunction with 12 other states, has lifted the ban on same-sex marriages resulting in tens of thousands of people obtaining marriage licenses. The transition, however, isn’t always easy. The stigma associated with the traditional roles played in a conventional marriage often don’t apply to same-sex couples. Their relationships are frequently created based onContinue reading
Alimony laws are changing
On behalf of The Walters Law Group, Ltd. posted in Divorce on Tuesday, July 9, 2013. Illinois residents may be aware that new alimony legislation is being considered in several states. The proposal is centered on lessening the burden of permanent spousal support after separation of divorce. Several states have already adopted the reform, and it includes specific amount of money and length of support for the receiving spouse. The opponents of the new laws argue that the reform may adversely affect many women who may not have any other sources of income,Continue reading
3 Illinois parents indicted on charges of nonsupport
On behalf of The Walters Law Group, Ltd. posted in Child Support on Monday, June 24, 2013. In an effort to encourage Illinois parents to pay their child support, the state has indicted three parents under the Non-Support Punishment Act. If convicted, the three Winnebago County individuals could each face up to three years in prison and up to $25,000 in fines and restitution on the felony charges. The nonpaying parents owe between $5,595 and $28,169 in overdue child support. All three parents were arrested and will face a judge to answerContinue reading
A pre-marital agreement will protect assets if a divorce occurs
On behalf of The Walters Law Group, Ltd. posted in Divorce on Tuesday, June 11, 2013. When it comes to marriage in Illinois, many couples fail to discuss entering into a pre-marital agreement. In many instances, people believe that a prenuptial agreement is not needed as discussing such an agreement signals an uncertainty about the upcoming nuptials. No couple wants to discuss the possibility of a divorce before even walking down the aisle. Regardless of whether or not a couple feels that a prenuptial agreement applies to them, the fact remains that nearly halfContinue reading
Prenuptial agreements protect in the event of divorce
On behalf of The Walters Law Group, Ltd. posted in Divorce on Wednesday, June 5, 2013. Discussing prenups with a future spouse can be particularly difficult. A prenup is a contract that divides assets in the event of a divorce, and most couples simply do not want to converse with their loved one about what would happen if their marriage ended before they have even walked down the aisle. However, prenups are put in place to protect both spouses and specify how any and all assets will be divided down the road, mitigatingContinue reading
Woman charged with felony child neglect
On behalf of The Walters Law Group, Ltd. posted in Child Custody on Saturday, June 1, 2013. An Illinois woman will face neglect charges after one of her small children was found crossing a busy road while the other was alone in a car. Witnesses saw a three-year-old girl crossing the street, and she appeared to be coming from a restaurant. A motorist reportedly stopped and walked the girl across the street and attempted to determine why she was on the street alone. The situation eventually culminated in Child Protective Services takingContinue reading
More Illinois women are paying alimony
On behalf of The Walters Law Group, Ltd. posted in Family Law on Saturday, May 25, 2013. With the growing trend of women earning more income than their husbands, more women are being ordered to pay spousal support to their husbands in divorce cases. Alimony was once a means of providing economic and legal recognition for women, who mostly stayed out of the workforce. This allowed them to take care of the duties of running the household. In the event of a divorce, alimony acknowledged that the wife had sacrificed her earning powerContinue reading
Protecting financial assets when couples live together
On behalf of The Walters Law Group, Ltd. posted in Unmarried Couples on Wednesday, May 15, 2013. Statistics show that almost half of U.S. adults between the ages of 30 and 49 have lived together without the benefit of marriage. Marriage offers a number of benefits that living together does not. A break up is rarely easy, but when couples who are older separate, the problems are compounded, especially if they have additional assets. In some cases, the law doesn’t afford legal protections to unmarried people, especially in financial matters and inContinue reading
Seek an experienced Chicago attorney for a prenuptial agreement
On behalf of The Walters Law Group, Ltd. posted in Family Law on Thursday, May 2, 2013. Attaining a prenuptial agreement in Chicago is a prudent decision regardless of wealth or socio-economic status. Pre-marital assets, such as retirement accounts, businesses and inheritances, can be protected via a pre-marital agreement. Though it may be difficult or uncomfortable to bring up the subject, signing a prenuptial agreement can spare couples unwanted stress in the event of divorce. Benefits of a prenuptial agreement include protection of future earnings and avoidance of debt. If a spouse decidesContinue reading