Cryptocurrency (“Crypto”) has dominated financial news recently due to the wild gains in value over the past year. Crypto is also making news for it’s volatility. Bitcoin and other Crypto have lost about 50% of their value since peaking earlier this year. Crypto is subject to division in and Illinois divorce. The following are some […]
Category Archives: Divorce
Going through a divorce is tough. During the initial process, as well as throughout the divorce process. Avoiding key mistakes can make your divorce go much smoother and make the transition to your post-divorce easier. Here are 7 mistakes to avoid during your divorce: 1. Not Listening to Advice of Trusted People If you hire […]
Conflict Comes at a Cost The number one driver of fees incurred is the people involved. The more conflict and blowups there are, the more expenses there are for all parties. How easy the parties make it to reach a settlement will greatly affect the price of the divorce process. Both spouses play a role […]
Prenuptial agreements, or “prenups,” often get a bad rap—many tend to assume that they are primarily used by wealthy people as a way to leave their less-wealthy partner with few assets after a divorce. However, the truth is far more nuanced. Prenuptial agreements can protect both parties in a marriage, and for many, are a valuable addition […]
Going through the holidays after separating from your spouse often raises stress levels. With COVID-19, separated parents may worry about the safety of their children while under the other parent’s care. Communication and flexibility can make the holidays easier for you and happier for your child. Here are some tips that might make things easier. […]
Communicating with your spouse during the divorce process is often difficult. Communication while you were married was likely a big problem, and now you have to make decisions and communicate with each other especially if you have children. We have some suggestions that may make it easier. Treat Communication Like a Business Transaction If you […]
You might be concerned that an affair or adultery will impact your divorce. Marital misconduct is not taken into consideration when dividing up property in Illinois or deciding a child custody arrangement, at least not formally. For the person who has been scorned, the desire for revenge can make the divorce and negotiations more difficult. […]
In my experience, there are several common fears that most divorce clients have as they enter a process that will dramatically change their lives. Those fears start with: What are their post-divorce finances going to look like? Are they going to be able to afford the same lifestyle they had before? Are they going to […]
Many people are wondering if the governor’s shelter at home order affects parenting time or visitation schedules. It does not. You should still continue with your parenting time/visitation schedules. Some parents have provisions in the parenting agreements that state one parent has all “school holidays.” School might be out or still in session remotely (it’s […]
At the Law Offices of Patrick Markey, P.C., we strive to help our clients successfully navigate all facets of the legal separation and divorce process in Illinois, including property division and maintenance payments. Divorce can be a trying experience, let us help. Watch this video about guiding you through the process of divorce. Divorce Law […]