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Unless you have a prenuptial agreement, your spouse can claim at least part of your 401k. Without a prenuptial agreement, a court will determine how to split your retirement savings, so it’s important to be 100 percent honest about all of your assets. Judges could award a greater amount to your spouse if they learn...

Going through a divorce is often a difficult process. Knowing that your life will change significantly can be emotionally taxing. Discerning how assets and property will be divided can be frustrating. Figuring out how you will be able to spend quality time with your children following a divorce can complicate the process even more. Historically,...

A divorce or split-up can often be financially and emotionally draining for both parties involved. When children are involved, things can get even more complicated, as both parents quarrel over who will get child custody and how much support will be provided to each child. In the majority of child custody cases, non-custodial fathers must...

The Illinois Department of Children and Family Services (DCFS) should serve and properly accommodate families who speak diverse languages, but in one recent case, the DCFS failed to do so, according to ProPublica. After a Cook County Juvenile Court judge awarded guardianship of two Spanish-speaking children to Slovak-speaking foster parents, concerns were raised regarding how...

Given the choice, you probably would choose mental health services for your child over juvenile detention if he or she is in trouble with the law. But could you afford the roughly $100,000 a year to pay for residential treatment? For most families, the answer is no. Until recently, if parents couldn’t pay that expensive...

Getting divorced, like getting married, is a major life event. There is a myriad of different reasons why married couples opt to get divorced, but for many, it's a start of a new chapter. Couples considering divorce should be forewarned: the aftermath can be financially devastating, especially when shared assets are involved. If financial disputes...

You probably know that one of the most commonly cited reasons for divorce is financial trouble. Arguments about money have doomed many marriages. Unfortunately, those same problems can and will follow you into divorce. During divorce proceedings, one of the most potentially contentious issues is how debt is to be divided. How debt is classified...