A person’s interest in a family business can be hotly contested issue during the Illinois divorce process. For one, it can be difficult for a court to determine exactly how much a family business is worth and how much of its value, if any, should be subject to property division. In many cases, establishing the […]
Author: Linda Watson
A previous post on this blog talked about how, in reality, it was a rather amazing thing that the divorce of two well-known real estate moguls ended with an out-of-court settlement. The reason this was remarkable is that investment real estate, especially when the property is used for commerce, is difficult to put a precise […]
If you ask anyone who has been through a divorce, they will tell you that it’s important to learn all you can about the process and prepare in advance. What this means is that you do not want that divorce filing to be a surprise. You want to see it on the horizon and get […]
As this blog has discussed on previous occasions, many Illinois parents make their living through self-employment. For instance, many service professionals and consultants from a range of industries are in business for themselves and make their money by selling their goods or services directly to customers. These people, of course, still have an obligation to […]
With school starting up again soon, early August may be a great time for Peoria, parents who are subject to an allocation of parental responsibilities order to review that order. They can also re-acquaint themselves with what Illinois law says about custody, decision-making and parenting time when it comes to school. The first place parents […]
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Legal separation in Illinois
There are reasons why many people in the Peoria area may not want to go through the process of a ending a marriage even though they recognize the need to live separately from their spouses. For some people, moral or religious convictions make them reluctant to divorce, while in other cases, financial considerations, the good […]
Although some people may not realize it, single Illinois dads doing their best to raise their children are a fairly common occurrence. Across the country, there are roughly around 2 million single dads. This is according to relatively recent statistics from the government. In terms of percentages, this means that over 15% of all single […]
Saving enough money for retirement is difficult enough without any unsuspected issues coming to light. If you decide to divorce, you can expect your retirement plans to change in some ways. Your biggest concern will be your ability to retain enough money to keep the same retirement plan in place. This is why it’s imperative […]
Many times, a Peoria couple will decide to negotiate an allocation of parental responsibilities, which will include child custody and parenting time, before going to court. Once they do so, they will need to file their parenting agreement with the court for approval. An Illinois court will usually approve an agreement so long as it […]
Many children in the Peoria area have special medical and educational needs. Any one of these needs, from asthma to a profound physical disability, can cost parents a lot in terms of both time and money. In addition to medical and other bills, parents may also have to incur extra costs finding opportunities and activities […]