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Divorce brings many financial questions, and one common concern is whether you can afford to keep living in your home. You want to make sure your budget supports your housing situation without adding extra stress during this time. You may find it helpful to break down...
Going through a divorce can be a financial strain, leaving you with a need to reassess your financial priorities. After the legal and emotional aspects of separation are behind you, it’s time to focus on how to handle your finances. Understanding how to balance your...
Divorce creates challenges, even when financial matters are relatively simple. Young couples with minimal savings may feel overwhelmed when dividing assets. Cars, homes, and shared financial obligations often become the main focus. Couples who recently purchased a...
Divorce can happen at any age, but many people wonder how common it is for those in their 20s. Young adults often face unique challenges in relationships, which can lead to early marriage and, sometimes, early divorce. Reasons for divorce in your 20s People in their...
Divorce can mark the end of one chapter in life and the beginning of another. While it can be a challenging time, it also presents an opportunity to rediscover yourself and embrace a new path towards happiness. It is helpful to understand some ways you can lead a...
Divorce at an older age, particularly over 65, can significantly impact the retirement years. In Illinois, understanding how this life event affects your retirement benefits is important for financial stability. It also offers peace of mind. Impact on Social Security...
In recent years, there has been a significant increase in the number of older couples choosing to end their marriages. This phenomenon, known as "gray divorce," refers to the dissolution of marriages among individuals aged 50 and above. You might wonder why more older...
Deciding to divorce is not easy, but once you make that decision, some necessary information may benefit you in the long and short run. While every divorce is unique, Illinois law sets out the foundational way the court will handle your proceeding. It is helpful to...
One of the most contentious issues during divorce proceedings is often the division of assets. In some cases, one party may attempt to conceal or hide assets to gain an unfair advantage. It is important to be vigilant and look for signs that your ex-spouse might be...
Divorce proceedings are tough, especially when there are considerations to make involving children and high-value property. One thing that many couples struggle with is figuring out whether or not they should sell the family home in the process of divorce. Even when...