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Tag Archives: Property
What the Kardashian Pregnancy Could Mean to the Divorce Property Division
Sarane C. Siewerth Contributed to this Blog Post A big news story recently has been the announcement that Kim Kardashian and Kanye West are expecting a baby together. The announcement is inevitably followed by the statement that Kim is still … Continue reading
Top Ten Myths in Illinois Divorce Cases [Myth #3]
Myth: My spouse’s marital misconduct or bad behavior will help me in my marital case. If a husband has a girlfriend, or a wife spends money without any budget or regard for their finances, are those factors things that a … Continue reading
Top Ten Myths in Illinois Divorce Cases [Myth #2]
Myth: Illinois is a 50/50 property division state. Probably one of the most commonly asked questions I receive from clients is, “Is Illinois a 50/50 property division state?” It can be, but not necessarily. 50/50 states are known as community … Continue reading
Protecting Your Lifestyle During and After Divorce
Divorce can be an emotionally stressful and challenging time. Unfortunately, the divorce process can be made even more difficult when one spouse acts punitively to hurt their former partner by engaging in tactics that manipulate one party’s financial resources in … Continue reading
Flash Point: Court Should have Reevaluated Retirement Account when Entering QDRO
In a second appeal, the husband challenged the trial court’s finding after remand that would cause him to bear the majority of a retirement account’s loss when entering a QDRO. In its original judgment for dissolution of marriage in 2007, … Continue reading
Posted in Divorce, Recent Cases & Law, Retirement Benefits
Tagged 401(k), Chicago Divorce, Divorce, Divorce Attorney, DuPage Divorce Attorney, Illinois Divorce, Illinois Family Law, IRA, Marital Property, Pension, Property, QDRO, Qualified Domestic Relations Order, Retirement Benefits, Retirement Funds, Schiller DuCanto & Fleck
Alimony in Lieu of Property
Under Illinois divorce law, the so-called “equitable distribution” principle (enacted in 1977) allows courts to allocate marital property in myriad ways. The asset mix in the “marital pot” in numerous cases, however, does not lend itself to a percentage division … Continue reading
Posted in Alimony/Maintenance, Divorce, Property
Tagged Alimony, Divorce, Divorce Attorney, Equitable Distribution, Maintenance, Property, Schiller DuCanto & Fleck
In Cases of Domestic Violence: How Do I Get My Spouse Out of the House?
In today’s economy, many couples approaching divorce cannot afford to physically separate. Unemployment, the decline in the value of real estate, or stock market losses have directly or indirectly impacted everyone’s net worth. But for some parties, staying in the … Continue reading
Posted in Divorce, Domestic Violence, Property
Tagged Chicago Divorce, Chicago Divorce Attorney, Chicago Divorce Attorneys, Deborah Carder, Divorce, Divorce Attorney, Domestic Violence, DuPage Divorce Attorney, Illinois Divorce, Illinois Domestic Violence Act, Illinois Family Law, Illinois Marriage and Dissolution of Marriage Act, Lake Forest Divorce Attorney, Marital Property, Property, Schiller DuCanto & Fleck, Wheaton Divorce Attorney
Don’t Forget Your 401(k)!
A recent study showed that half of American adults who have participated in a 401(k) or equivalent retirement plan, but who have changed jobs, have left at least one of their accounts with a previous employer instead of rolling those … Continue reading
Posted in Divorce, Retirement Benefits
Tagged 401(k), Chicago Divorce, Chicago Divorce Attorneys, Divorce, Divorce Attorney, DuPage Divorce Attorney, Illinois Divorce, Illinois Family Law, IRA, Lake Forest Divorce Attorney, Marital Property, Pension, Property, Retirement Benefits, Retirement Funds, Schiller DuCanto & Fleck, Wheaton Divorce Attorney
Protect Your Future: Retirement Benefits After a Long Term Marriage
A divorce after a long term marriage such as that of Al and Tipper Gore presents certain issues regarding future long term economic security. I have no doubt that both the Gores will walk away from their divorce with enough … Continue reading
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