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Recent Blog Posts
Study Finds Regret is Common After Divorce - Protect Yourself with a Dose of Perspective
Divorce is a complex, painful, and emotionally exhausting process. In fact, many couples who go through a divorce may never marry again, simply because the idea of going through the process again is just too overwhelming. At the very least, those who divorce are more cautious about tying the knot in the future. What happens, though, when you divorce and immediately regret ever doing it in the first place? According to a UK study, this happens to about half of all divorcees. While some may have truly made the wrong decision - maybe out of anger or frustration - most probably only need a bit of perspective.
Understanding Divorce and Regret
According the study, around half of all divorcees experienced some sort of regret after their divorce. More specifically, 54 percent had second thoughts over whether or not they had made the right decision, and 42 percent considered giving their relationship another try. A large percentage of those that wanted to try again did so, but only about 21 percent of those that attempted reconciliation actually ended up staying together for the long haul. So, while there may have been regrets, the majority of couples who did successfully complete a divorce had, in fact, made the right decision.
In a Divorce, Who Gets "Custody" of the Embryos?
There used to be only two ways to have a child: conceive one naturally or adopt. Modern medicine has changed all of that with the development of in vitro fertilization (IVF). An assisted reproductive technology in which couples cryogenically preserve unfertilized eggs and/or fertilized embryos, this gives them a way to start their family when they are ready or able to do so. Unfortunately, if a couple fertilizes the eggs and then later file for divorce, the fate of their embryos (and possibly even their chance to have a family) may rest with the court.
When Embryos Become an Issue in Divorce
For some couples, the choice to freeze embryos may have been a preemptive measure. Maybe they did not plan on having children for quite some time and simply wanted to ensure they could when they were ready. There are others, however, that may have pinned all their hopes of having a child on those embryos. If, for example, either party was rendered sterile after receiving radiation or chemotherapy to treat cancer, those embryos may contain the only reproductive DNA they have left. So, without those embryos, they are unable to parent a child that is biologically theirs.
Study Suggests the End of Summer May Be a "Peak Period" for Divorce
Divorce rates have been known to rise and fall throughout the year. However, a new study suggests that these occasional increases and decreases may be more than simple coincidence. In fact, a recent study suggests that they may even be seasonal, occurring most often after a holiday period, including summer break and winter holidays. Researchers weighed in on why they think these seasonal divorce trends exist.
Expectations and Hope for a Better Marriage May Play a Role
Over the course of a 14-year study, researchers found that divorce rates generally increased during the months following major holiday periods (early spring after the winter holidays and early fall after the summer break) - sometimes by as much as 30 percent. They suggested a number of possible factors that could contribute to these "seasonal" divorce rates, including the possibility that couples may become hopeful that things will improve during the holidays. When the holiday fails to live up to their expectations, they may become disappointed and decide to move forward with the process of divorce.
Paying Your Child's College Tuition After Divorce
Whereas most divorcing couples are able to make a clean break, parents who divorce have a child that connects them, even after the papers are finalized. In the child-rearing years, this means a making switches for parenting time, paying or receiving child support, and possibly even bumping into one another during dance recitals or soccer games. When the child becomes an adult, parents must determine how to fund college tuition. Regardless of whether you are currently at this stage in your life, or simply want to plan for the future during your divorce, the following information can help in you deciding how to fund your child's college tuition after divorce.
Tax-Advantaged College Savings Plans
With the rising cost of tuition, more and more parents are planning and saving early. Many use a 529 savings plan because of its tax advantages, which works out fairly well while they are still married. Unfortunately, if they ever divorce, this savings plan is no longer just a nest egg for their child. It is now a marital asset, which makes it a consideration in their divorce settlement. This can lead to all sorts of complications that may range anywhere from a Free Application for Federal Student Aid (FASFA) when applying for tuition assistance to a complete loss of the funds. For this reason, parents need to candidly discuss how they will manage the 529 during the divorce.
Could a Prenuptial Agreement Decrease Your Chances of Divorce
Wedding season is officially upon us, and couples are in the final stages of planning. They are getting that last fitting done, perfecting the guest list, double-checking with the caterer - but how many are working on a prenuptial agreement? More importantly, should they? After all, prenuptials are just for couples with millions of dollars . . . right?
Prenuptial Agreements Are Not Just for "Rich" People
Despite the stigma surrounding prenuptial agreements, they are not solely for the excessively wealthy. In fact, any couple can craft and execute a prenuptial agreement, and there are many reasons they might want to. If, for example, they have children from a previous marriage, they may want to ensure that their divorce settlement is set aside for them, should their current marriage end in divorce. Alternatively, if one spouse has a high earning potential - say a promising business or career path - but not a lot of money at the start of their marriage, a prenuptial agreement might be appropriate. Then there are those that simply want to define how money will be spent in their marriage, and how assets will be treated, should they ever divorce.
Important Divorce Decisions: Which Assets Should You Keep, and Which Should You Sell?
Divorce is one of the most contentious, emotionally difficult, and legally complex matters of the law. This is due, in part, to the process known as asset division. These things, being divvied up between you, are not just material possessions. Many have memories attached - a family home where children were raised, summers spent at a vacation cottage, the pearls given as a Christmas gift. How do you decide what to split, what is worth arguing over, and what should simply be sold? The following information, and guidance from our skilled divorce attorneys, can help you forge forward.
When "Winning" Becomes More Important Than the Asset
Before they actually embark on their journey through divorce, many couples think about how the process will play out. They want to believe that, when push comes to shove, they will avoid fighting and, instead, focus on moving forward. Unfortunately, this is rarely the reality. Guilt, anger, rejection, despair, and other negative emotions begin to take over, often causing even the most level-headed people to snap, yell, and argue. Before you know it, you have become more focused on "winning" the divorce than anything else.
Developing a Parenting Plan for an Illinois Divorce
When the laws regarding divorce changed, the way that parents determined when and how they would spend time with and make decisions about their child's life changed as well. These aspects of divorce, which are now known as allocation of parental responsibilities and parenting time, require that parents craft and submit a legal document that outlines the details of these matters in their divorce. Known as a parenting plan, it covers everything from where a child will go to school to what their religious upbringing will be. Know how this plan is used and how you can effectively craft one during your divorce.
What is Included in a Parenting Plan
Since each family is unique, parenting plans should be crafted to reflect their specific needs, beliefs, values, and circumstances. The details will also likely vary, from one family to the next. However, most will include how important decisions about their child's life will be made, a schedule for parenting time, pick-up or driving responsibilities of each parent, and information on which extracurricular activities the child will participate in (if any).
Your Health and Divorce: Know the Risks and Be Prepared
You hear about how difficult divorce is from almost everyone - couples that have been through it, children who were caught in the middle, even attorneys. However, it is one of those situations that, until you are in it, you really have no idea just how drastically it will affect your life. It is emotionally and mentally exhausting, time intensive, and stressful. It can even have an impact on your health. Know what your risks are and how you can best prepare and protect yourself during this phase in your life.
Possible Health Risks During and After Divorce
Numerous studies have been done on divorcees to determine the potential health risks of divorce. Many of them extend well beyond when the process is complete. For example, the Mayo Clinic indicates that divorce could lead to issues with anxiety, and a 2013 Clinical Psychological Science published study found that divorce increased the risk of depression.
Another study, published in the journal Health Psychology, found that divorce caused sleep disturbances, which increases the risk of high blood pressure. Cardiovascular disease was also found to be higher in those that had gone through a divorce, particularly women. Other studies have concluded that weight gain is highly likely after divorce, which can further exasperate the risk of high blood pressure and cardiovascular disease. Add all of this to the chances of being left without health insurance, and you have a recipe for disaster.
Your Assets and Divorce - The Difference Between Asset Hiding and Asset Protection
It is only natural to want your fair share in a divorce, and there is nothing wrong with protecting assets that are rightfully yours. An attorney can help you with all of this, but it is possible to take things too far and deceptively try to keep more than you should. A civil and potentially even a criminal matter, such practices are known as asset hiding, and they can land you in trouble. Understand the difference and learn how you can legally protect your assets during your divorce.
Protecting Your Business
Like all other marital assets, businesses are valued and equitably distributed during divorce. This does not necessarily mean that you have to take on your soon-to-be ex-spouse as a partner, or that you have to sell the business. In fact, if you are willing to part with an equal sum of your remaining marital estate, you may be able to walk away with your business intact. However, it is important that you tread carefully in business matters while pursuing a divorce.
What is Divorce Mediation? Is It Right for Your Divorce?
Mediation is a process that encourages couples to amicably work through the details of their divorce, such as the division of assets, allocation of parental responsibilities, and alimony. But how, exactly, does the mediation process work? And is it the right option for your divorce?
How Mediation Works
When couples decide to mediate their divorce, they work through their divorce with a mediator, instead of a judge. Details of their divorce are negotiated rather than litigated. An impartial party, the mediator can only make suggestions for working through a particular problem. They cannot make any decisions. However, each party does still have the right to hire an attorney to ensure their rights are protected, and that they have considered all relative factors in the negotiation process.
Advantages and Disadvantages of Mediation
Couples who successfully complete the mediation process often find that there are some distinct benefits. For example, the process is often less contentious because it encourages couples to focus on the details, rather than blame for the dissolution of their marriage. It is also a process that can save couples time, money, and stress. Furthermore, the process is more private and offers more control over the final outcome than traditional divorce.











