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Divorce and Business Ownership: Will I Lose My Business in Divorce?

For many couples going through a divorce, the thought of having to dissolve and sell one spouse’s business is a harrowing one. While the Illinois Marriage and Dissolution of Marriage…

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Tax Strategies for Divorce

A number of people are concerned about the loss of the alimony deduction next year and whether they will be able to finalize their divorce by December 31, 2018 so…

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How Divorce Can Affect Your Child’s School Arrangements

In 2016, Illinois stopped using the term ‘custody’ and began referring instead to the allocation of parenting responsibilities and parenting time, with the former referring to responsibility for decision making…

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How a Forensic Accountant Can Help During Your Divorce

Dividing assets upon the dissolution of a marriage is a complicated process, especially when two parties have a number of shared investments. Whether a couple shares a home, vacation properties,…

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Parenting Time and the Holidays

As the holidays approach, many divorced couples are starting to grapple with how to handle time-sharing issues over the next few months. Fortunately, when couples divorce in Illinois, they are…

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Disclosing Financial Information During Divorce

When a couple decides to dissolve their marriage, they are required to comply with certain disclosure rules. For instance, in Cook County, both parties to a divorce are required to…

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