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Divorce and the role financial secrets play

Money can be the source of happiness, but some Illinois couples might have experienced the opposite. It is often said that many a divorce has followed financial arguments between spouses. While those who are knowledgeable recommend honesty and disclosure about finances throughout a marriage, a recent nationwide survey revealed money secrets that are kept by many people.

Divorce may be the only option

Being in an unhappy marriage is something not wished upon anybody. Although divorce might be considered, Illinois residents will also know that it could be a traumatic and costly experience. However, certain circumstances make divorce the only option -- particularly if there are also children involved.

Midwest has eight of 15 cities with most divorced persons

Certainly Illinois residents who are married know that whether or not they remain married or get divorced really depends on factors within their marriage more than what other couples around them do. However, it can be interesting to know just how many people in a given area might actually get or be divorced. If nothing else, this may help someone going through a divorce to feel less alone and more understood during such a difficult experience.

Financial tips during and after a divorce

There is no denying the fact that getting divorced can be a stressful and financially challenging experience. For many couples in Illinois, in fact, financial struggles may well have been big contributors to the marital troubles that led to a divorce. In addition, life after a divorce can often see people with reduced income and the need to readjust their living styles in order to accommodate their new financial pictures.

What is collaborative divorce?

Are you one of the many spouses in Illinois who is considering getting divorced? Whether you have spoken to your spouse about this yet or not, it can be important for you to understand some of the options available to you should you in fact end up going through with a divorce. In addition to what many may know of as a standard divorce process where each spouse has individual lawyers who essentially take the lead in negotiations all the way through, you may want to consider a collaborative divorce.

Can I keep my dog after my divorce?

Are you one of the many people who loves their dog but is facing an impending divorce? If so, you may well be concerned about what may happen to your dog. For couples without children especially, a dog can be thought of as their child and may well become a sticking point in a divorce. If both you and your spouse want to keep the dog, how do you think the decision may be made if you cannot agree?

How are student loans handled in a divorce?

If you are one of the many Illinois residents who is facing an impending divorce, you are likely concerned about the need to divide up your assets and your debts. In addition to things like a home if you own one and cars, student loan debt may also become part of your divorce settlement. This may be likely if any such debt was incurred during the time that you and your spouse were married.

Older Americans see increase in divorce rate

Illinois residents who may be getting divorced may sometimes feel alone and as if others would not understand their situations. However, this is far from the truth. In fact, a new study from the Pew Research Center shows that people over 50 are actually experiencing even more divorces now than they were 25 years ago.

Push to divorce seen at end of year

For many families in Illinois, the holiday season can be one of the toughest times of the year. This can happen when a marriage is under extreme strain and possibly even near its end. Some couples talk openly about wanting to keep their families intact for one more Christmas, often for the sake of the kids or even elderly family members. Other individuals contemplate divorce themselves but do not even tell their spouse right away and prefer to wait until after the New Year's holiday.

Collaborative divorce and mediation in Illinois

Among the many challenges facing divorcing spouses in Illinois is the high cost or at least the believed high cost that can be involved in a traditional litigated divorce. In addition to the financial costs associated with a divorce, there can also be emotional costs when confict remains high throughout the entire divorce process. Divorce mediation or collaborative divorce offer two alternative ways of getting divorced that may address these things.

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Courtney, Clark & Mejias, P.C.
104 South Charles Street
Belleville, IL 62220

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    • ABA - American Bar Association
    • Illinois State Bar Association
    • County of St. Clair - State of Illinois
    • IACP | International Academy Of Collaborative Professionals