Recent Blog Posts
The Differences Between the Property Title and Mortgage with Your Marital Home
Except in rare circumstances, only one of you will continue to own your marital home after your divorce. The most contentious issue surrounding your marital home will be who will keep it or whether you should sell it and divide the proceeds. If one of you is keeping your house, it is important to complete the agreement by legally transferring ownership and financial responsibility to one person. As the person keeping the home, you do not want your former spouse to have ownership rights over the property. As the person who is giving up the home, you do not want to be liable for mortgage payments on a house that you no longer own.Property Title
The property title for your house is your ownership interest in the house, which can be full or partial. When you co-own a home with your spouse, both of your names are on the title to show that you each have partial ownership of the house. If your spouse agrees to give you full ownership of your marital home, you will assume your spouse’s ownership interest in the title. A deed is a legal document that transfers a property title to a new owner. Quitclaim deeds are the most common deeds used during Illinois divorce because:
Four Factors When Seeking a Job After Divorce
Getting a divorce may mean having to join the workforce for people who were primarily relying on their spouse for income. For other people who already work, they may need a better paying job to support themselves. Spousal maintenance payments can help a lower-earning spouse maintain the lifestyle that they were accustomed to during their marriage. However, courts often grant maintenance on the condition that the recipient must make a good-faith effort to better their financial situation. There are several factors that you must consider when trying to find a job after your divorce:- Your Career Prospects: Did you previously have a job or career? Some people leave their jobs or do not seek employment in order to focus on their home while their spouse focuses on their career. Having prior experience in a job or training in a career will improve your chances of being hired. People with limited experience are often limited to entry-level jobs that do not require specialized skills.
Going on Vacation as a Divorced Parent
Single parents need to take the opportunity to go on a vacation with their children, even if the idea seems less exciting after a divorce. Divorced parents see their children less often than when they were married because of the division of parenting time. A trip is an opportunity for the parent to bond with the children and create happy memories. When planning a vacation with your children, there are several factors related to your divorce that you should consider.Parenting Plan
You do not need to limit your vacation so that it fits within your regular parenting schedule but will need to discuss your vacation plans with your co-parent:
- Your co-parent has a right to know when your children are going to be out of town;
- Your co-parent must agree to any deviation in your parenting schedule; and
- You may need your co-parent’s permission to travel with your children, depending on where you are going.
Parentage Not Presumed for Fathers in Same-Sex Divorce
The same divorce laws apply to same-sex spouses in Illinois as they do to any other married couples. There is the same presumption of the equitable distribution of marital properties and allocation of parental responsibilities. The average same-sex divorce may be slightly different from the average heterosexual divorce because the recency of the same-sex marriage law makes it unlikely that they will be divorcing after a long-duration marriage. Divorcing same-sex spouses are more likely to have unique complications with establishing legal parentage of their children, which can impair one of the spouse’s parental rights.Establishing Parenthood
The Illinois Parentage Act of 2015 defines four ways that someone is legally presumed to be the parent of a child if they did not give birth to the child:
- The person is married to the mother at the time of birth, excluding surrogacies;
Valuing and Dividing a Business in Divorce
Marital property in a divorce includes anything that either spouse has bought or contributed marital assets to during their marriage. For business owners, this means that their business is likely included in the division of property, even if they started or purchased the business before their marriage. As with any property, you and your spouse can claim an equal share of the business. However, a business is different from other properties in how you will assess its value and divide it.Dividing a Business
There are three ways that you can divide your business during a divorce:
- One of You Retains Ownership: If only one of you is involved in running the business, the most sensible option may be to give complete ownership to that person. However, the person who receives ownership will need to compensate the other spouse with marital properties of similar value. You are essentially buying out your spouse as an owner.
How a Parenting Plan Can Combat Conflict
No one can force you to like your co-parent after a divorce, but you need some civility between each other for the sake of your children. Co-parents with a high-conflict relationship struggle to communicate about their children’s needs. Open hostilities and silent tension will upset your children. Your parenting agreement can limit the number of contentious situations that you are placed in. High-conflict co-parents need structure and formal interaction that leaves little room for emotion. A parenting plan can create structure.Communication
Co-parents need to communicate with each other about their children so there is some consistency in their parenting. You cannot expect your child to be your messenger and tell your co-parent everything he or she needs to know. Your problem is that conversations with your co-parent often escalate into arguments. Your parenting agreement can set communication guidelines for:
The Financial Complexities of Gray Divorce
People 50 and older are the only age group in the U.S. for whom the divorce rate has increased in recent years. Divorce researchers use the term “gray divorce” to categorize older couples who divorce after decades of marriage. There are several theories for why a couple may divorce at this stage in their lives:- Empty nesters and retirees no longer have children or careers to distract them from their relationship;
- The couple may have married because it was expected rather than because they were compatible;
- A midlife crisis can make people anxious to create a more satisfying life while they can still enjoy it; and
- People can change after decades of marriage.
Whatever the reason is for ending the marriage, gray divorce can be complicated for everyone involved.
Division of Property
Spouses who have been married for decades will have accumulated numerous marital properties that they must divide in the divorce. They are also more likely to have high-value assets that they were able to purchase after years of saving money. Retirement plans have unique importance during a gray divorce. Each spouse will soon be relying on his or her retirement benefits, which have had time to accrue great value. In most cases, either the whole retirement plan is marital property or the amount that it increased in value since the spouses were married. Spouses must determine how much of the retirement money that they want to protect and what they would give up in exchange.
Four Ways to Save Time on Your Divorce
Time is the variable that is most likely to drive up the cost of your divorce. Having extended negotiations and attending multiple court hearings will increase your legal and court costs. The advantage of creating a prenuptial or postnuptial agreement is that you have already decided how you will divide properties and whether one of you will pay spousal maintenance. If you are entering a divorce without an agreement, there are still ways that you can save time and cost on your divorce:- Start Prepared: Identifying and valuing your marital properties is a time-consuming part of your divorce. Your divorce attorney can investigate this for you, but you can speed up the process by giving him or her a list of marital properties and documents related to their value. This saves your attorney from having to file requests for this information.
Requesting Child Support as a Father
A stereotypical parenting agreement in a divorce results in the children living with the mother and the father paying child support. A father who does not make his required child support payments may be labeled a deadbeat, and the mother may go to court to enforce the payments. However, divorced fathers sometimes do not do enough to pursue child support from the mother when the parenting roles are reversed. They may be following a societal bias about their parental role, even though the law does not have the same bias.
A Father’s Role
It is still a common family arrangement for the father to be the provider and the mother to be the caretaker, but there are more families that do not follow those gender roles than in previous decades. It may be more sensible for the father to be the primary caretaker if:
- The mother has a more demanding and profitable career;
Making Your House Feel Like Home After Divorce
At least one of you will be moving into a new home after your divorce, and it is possible that both of you will be moving if you choose to sell your marital home. Settling into a new home can be stressful, especially when combined with adjusting to being single. Even if you get to keep your old home, it may feel noticeably emptier without your spouse. You will need time to adjust to your new living situation, but personalizing the appearance of your home can help you with the transition.Decluttering
Moving is a good time to assess which items you no longer need after your divorce. Some items are impractical for you to keep as a single adult. You may want to purge yourself of other items because they remind you of your marriage. There is nothing wrong with getting rid of otherwise useful items because of your emotions towards them. Before throwing out or giving away an item, you should ask yourself: