Income, wealth and wealth management are not things that are commonly discussed in American households. When these topics do come up, it can leave the individuals involved feeling uncomfortable. This is one reason why so many people procrastinate when it comes to...
Month: October 2018
Set the framework for your child custody agreement
Trying to come up with suitable terms for child custody is challenging. Not only do you have to think about what works for you, your ex's needs also have to be considered. There comes a time when you are going through other major life changes.As you work with your ex...
Don’t wait too long to consider debt relief options
Life is full of changes. Some of them are planned for and expected, but others can take you by complete surprise. This is often the case with the onset of a sudden medical condition, loss of job or even the filing of divorce. Each of these scenarios can throw your...
How are alimony payments determined?
Illinois and Indiana residents who are considering divorce may be concerned about the emotional impact marriage dissolution may have on them and their family. While the emotional toll can be significant, so, too, can the financial ramifications. Property division can...
The interplay of bankruptcy and divorce
As we've discussed on this blog before, while divorce can be an emotionally trying time, it can also be a financially difficult time, too. Marriage dissolution often leaves individuals facing money woes, and quite frequently, those financial difficulties contribute to...
Don’t forget about “soft” estate planning
When people accumulate wealth and property, they often think of ways to protect them. Most people who consider estate planning think of utilizing wills and trusts to protect their wealth for the benefit of their loved one. This is, in fact, a large part of estate...