Category Archives: Premarital Agreement

Pros and Cons of Prenuptial Agreements

Pros and Cons Prenups

You have just gotten engaged, and the excitement is exhilarating. In the midst of the wedding preparations and dreams of a shared future, the question of a prenuptial agreement (prenup) might arise. But what are the pros and cons of taking this legal step? Having Important Conversations Before Marriage One significant pro of a prenup […]

Divorce: Should You Wait Until The Kids Are Grown?

Telling Kids about divorce

There are differing views on whether a couple who want to get a divorce should wait until their children are grown and have moved out of the house before they actually file for divorce and moving apart. There are pros and cons to both opinions. Pros of Waiting Until the Kids are Grown to Divorce […]

What Should Be in a Prenuptial Agreement?

Prenuptial Agreement

  Prenuptial agreements, also known as premarital agreements, often get a bad rap. One spouse may resist entering into the agreement, viewing it as a document prepared with an expectation of divorce. That stigma needs to disappear, and a premarital agreement should be viewed as an insurance policy. You hope you never have to use […]

How does the Collaborative process compare court in terms of completion time?

Many people want to know which divorce process is the quickest.  No process is inherently quicker than the other.  An adage frequently stated by many family law attorneys is that a case moves “as fast as the slowest person.”  This slowest person could be one of the professionals involved or one of the parties to […]

New Maintenance Law in Illinois

Beginning January 1, 2019, Illinois has a new formula for calculating maintenance. If you get divorced in 2019 and beyond, this new formula applies to your case.  Maintenance (also known as alimony or spousal support) used to be taxable to the payee and tax deductible by the payor.  If you are divorced and currently paying […]

5 Reasons to Get a Premarital Agreement in Illinois

Rings in a divorce, Chicago, IL

Premarital Agreement in Illinois – Wedding season is coming up soon in Illinois. Couples in Chicago are planning elaborate parties, looking for a place to live and generally getting ready for adjustments in their life. However, the majority of couples do not take the time to plan their financial future which can lead to serious […]