Tag Archives: high-net-worth marriage

Millionaires squabble over child support

On behalf of The Walters Law Group, Ltd. posted in Child Support on Saturday, May 4, 2013. While child custody and support battles are usually fought by those with limited means, even the richest are not immune to negative interactions regarding these subjects. Illinois residents may have heard that a former Goldman Sachs executive is accused of conspiracy in hiding assets with his girlfriend to defraud her child’s father out of thousands of dollars per month in child support. The suit claims that the two concealed substantial assets so that the mother couldContinue reading

When the wife brings home the bacon in a marriage

On behalf of The Walters Law Group, Ltd. posted in Divorce on Thursday, April 25, 2013. For many of Chicago’s married couples, it is the husband who earns the most income. Accordingly, should a couple split, the husband usually pays alimony in a divorce settlement. However, this is not always the case as research indicates that in a small portion of households, the wife is the top earner. In such scenarios, women may have to make certain considerations. Women should consider having a prenuptial agreement drawn up to protect their assets. The prenuptial agreementContinue reading