15255 S. 94th Ave. 5th Floor, Orland Park, IL 60462

Call Us312-702-1293

The Foray Firm

Joliet Hidden Asset Divorce LawyerA divorce is a stressful process, and it is even more difficult if one spouse is hiding assets or lying about their finances. Divorcing spouses are required to provide an accurate account of their income and assets during a divorce. This information is used to determine child support, divide property and debts, and more. However, some spouses lie about money or hide assets during divorce.

It can be difficult to tell whether your spouse is being truthful during the divorce process, but there are a few signs that could indicate financial dishonesty. Knowing these signs can help you protect your rights and make sure you get the outcome you deserve.

Missing Documents or Bank Statements

If you have begun proceedings for a divorce in Illinois, it is important to keep an eye out for any missing documents or bank statements. If documents go missing or if your spouse stops providing you with financial information, this could be a sign that they are trying to hide something from you. Check with tax records and financial institutions to make sure all documents are accounted for.

...

Continue Reading...

5 Tips for Your High-Conflict Divorce

Posted on in Divorce

Will County Family Law AttorneyThe term "high-conflict divorce" may seem redundant. Afterall, every divorce involves conflict. However, some divorce cases are much more acrimonious than others. When divorcing spouses are unable to move past their anger, frustration and hurt feelings, the divorce process can become a bitter battle. If you are involved in a continuous separation or divorce, you know this firsthand. Here are some tips that may help you navigate a high-conflict divorce and ensure that your rights are protected.

Navigating a Contentious Divorce and Protecting Your Rights

There is no way to completely avoid the stress that comes with a high-conflict divorce. However, there are ways you can manage the conflict and pursue a favorable divorce outcome - even in the midst of extreme dissent.

  • Hire the Right Attorney - When you are facing a contentious or difficult divorce, having an experienced lawyer who understands the law and knows how to navigate through the court system is crucial. Make sure you choose an attorney who is familiar with the common strategies used in high-conflict cases and will aggressively represent your interests.

    ...

    Continue Reading...

Markham Divorce LawyerWhen a spouse starts exploring the possibility of divorce, he or she is often met with confusing legal jargon and complex divorce laws. It can be hard to interpret dense legal information in preparation for a divorce. One issue that causes an especially high degree of confusion is property division. Divorcing spouses are often unsure of what is theirs and what is their spouse’s property. They are unsure of what they will keep after the split and worry about what they will be forced to give up during the divorce. This blog will provide a general outline of equitable division in an Illinois divorce.

Who Owns What?

Non-marital property is property that belongs to one of the spouses while marital property is jointly owned by both spouses. Property that a spouse purchases or otherwise acquires before getting married is non-marital property. Money and property that a spouse acquires during the marriage is marital property.

How Do Divorcing Spouses Divide Property?  

Divorcing spouses will need to divide marital property during the divorce process. For couples with relatively few assets, this is fairly straightforward. However, property division can become a complicated and contentious issue for some.

...

Continue Reading...

Markham Marital Asset Distribution LawyerFor many couples, dividing assets during divorce is the most complicated and conflict-filled aspect of the divorce process.  This is especially true in Illinois, where the division of assets is governed by a mix of common law and statutory rules. If you are planning to divorce, you may have questions like, "Who keeps the house?" or "What happens to our bank accounts?" You may also have questions about complex assets like investments and retirement accounts or liabilities like student loan debt and credit card debt. This blog will cover some of the fundamental aspects of property division in Illinois divorce cases and what you can do if you need help classifying and dividing property during your divorce.

What is Mine and What is Ours?

Under Illinois law, almost all of the assets purchased or otherwise acquired by either spouse during the marriage are considered marital assets. Marital assets include any income earned by either spouse during the marriage as well as any assets that were acquired with that income. Examples of marital assets include houses, cars, furniture, cash, jewelry, collectibles, cryptocurrency, and anything else acquired during the marriage.

Assets acquired before the marriage or gifts and inheritances received by one spouse during the marriage are considered non-marital property. A spouse keeps his or her non-marital property and the marital property must be split between the spouses.

...

Continue Reading...

How Does Spousal Support Work in Illinois? 

Posted on in Divorce

Orland Park Spousal Support LawyerGetting divorced can represent a major financial burden. In some cases, spousal support, also known as alimony or spousal maintenance, can help provide some much-needed financial relief during the transition period after a divorce. In Illinois, courts will determine whether either party is eligible to receive spousal support based on several factors such as the length of the marriage and each spouse’s financial resources. The spouses may also be able to negotiate an agreement about the amount of support a spouse receives. 

Who Can Get Alimony in Illinois? 

Alimony, which is called spousal maintenance in Illinois law, can be a great source of financial support and peace of mind when a couple separates. It can also be a substantial expense for the spouse paying maintenance. 

Some divorcing couples agree on the amount of support the lesser-earning spouse receives. For example, a couple may agree that the higher-earning spouse pays the lower-earning spouse  $1,000 a month for the first 12 months after the divorce. If the spouses cannot reach an agreement, it is up to the court to decide whether maintenance will be awarded. 

...

Continue Reading...

BBA Of Will County Illinois State Bar Association Cook County Bar Association The National Bar Association BWLA
Back to Top