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Divorce Archives

Looking at the rules governing premarital agreements, P.1

Last time, we looked briefly at some of the factors Illinois courts consider in the division of property. As we noted, courts do take into account the terms of any marital or premarital agreements dealing with property matters. Such agreements, of course, are quite common among celebrities and the wealthy, but they can also be useful for those of more modest wealth.

Property division in Illinois—looking at the general approach

Last time, we spoke briefly about several of the most important issues for couples as they contemplate the decision to file for divorce. As we noted, some of these factors are more subjective, such as happiness and love. Other factors involve more objective considerations, as is the case with division of property and child custody, which must also be considered in divorce.

What issues are the most important in divorce?

Anybody who has been through the divorce process knows it is a big decision, and one that needs to be carefully thought through. Different couples, of course, have different circumstances and have to think and work through the process according to their own situation, but there are certain issues that have are critical to consider before filing for divorce, as well as certain issues that are very important to the decision.

Carefully defining terms in prenuptial agreement important to ensure effectiveness

Last time, we began looking at the divorce case of Richard Stephenson and the dispute him and his wife are currently having with regard to their prenuptial agreement. As we noted, the agreement specifies that property owned individually prior to the couple’s marriage, and property acquired individually during the marriage, was to remain separate in the event of divorce.

Prenuptial agreement at issue in high-profile, high-asset Chicago divorce case

A high-asset divorce case involving the founder and Chairman of Cancer Treatment Centers of America, Richard Stephenson, and his wife of 25 years was recently called “one of the longest, most contentious local divorces in recent memory.” Papers for the divorce were filed six years ago, but the couple was still successful in resolving their differences as of a couple weeks ago.

Divorce and SS benefits: a need-to-know for gray divorcees, P.2

In our last post, we began looking at the importance of the 10-year mark for marriage for purposes of Social Security retirement income. As we noted, ex-spouses who have not remarried are able to receive payments based on their former spouse’s record. For older couples who are contemplating divorce, timing may therefore become an issue.

Divorce and SS benefits: a need-to-know for gray divorcees, P.1

As readers may be aware, there has been an increase in recent years in divorce among older Americans. So-called “gray divorce” is not only occurring among those who have been married more than once, but just as much among those who have only been married once.

What is the role of fault in Illinois divorce cases?

Most readers are aware that, while fault used to be an important in divorce factor decades ago, it typically is not a significant factor nowadays. That being said, many states still do allow parties to divorce on fault-based grounds. Until recently, Illinois was among these states.

Does the hyped-by-some Divorce Day even exist in America?

Perhaps you've heard the term Divorce Day, a depiction used for a particular day of the year on which family law offices are allegedly inundated with queries and concerns regarding marital dissolution. Supposedly divorce attorneys in Illinois and nationally are besieged with calls and office visits on that day, to a degree unparalleled on any other day of the year.

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