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Belleville and Edwardsville Divorce Law Blog

High-profile divorce: Could you live on $470 for food -- a day?

11715674_S.jpgIt is our hope that our readers in Illinois, Missouri and elsewhere find the following divorce-related story instructive rather than purely voyeuristic, given that its details do highlight a few germane points regarding money matters in marital splits.

And what a story it is. Candidly, and as a family law firm with centrally strong Illinois ties, it would be a bit difficult for us to avoid mentioning the ongoing developments in the contentious Illinois divorce battle between Kenneth Griffin and Anne Dias Griffin.

What is a QDRO, and what is its significance in family law?

5669132_S.jpgThere are customarily a lot of things to think about during the divorce process in Illinois, Missouri and elsewhere, with property division often being one of them.

In fact, an equitable division of assets in a divorce is frequently a foremost concern of one or both divorcing spouses, with those assets often being of myriad types.

Asset division: singular concerns for older divorcing couples

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Comparatively younger divorcing couples -- people in their 30s and 40s, for example -- are often preoccupied with kid-centric concerns during the divorce process.

That of course means things like child custody/visitation, parenting plans, support considerations and other matters that pertain centrally to kids who are often still in their adolescent or formative years.

Nothing cheap about alimony demands in Walmart heiress' case

30807005_S.jpgStories routinely make the rounds that Sam Walton and James "Bud" Walton, the now deceased brothers who founded the colossal Walmart business conglomerate, were low-key and engaging sorts who never forgot their humble roots or frugal ways.

They could never have imagined the following story.

Illinois child support considerations, Part 2

34690105_S.jpgWe noted in our immediately preceding blog post that child support in Illinois "is a topic centrally marked by subjectivity."

That is, families are organic units, with support-related concerns and outcomes necessarily being different in every case. Our February 3 blog entry duly notes that, remarking as well on the material impact that judicial discretion over support matters can play in a given case.

Are child support costs fixed or variable in Illinois?

32505444_S.jpgFor those seeking to get a firm handle on what child support is all about in Illinois (the duties, offsets, exemptions, judicial considerations, time limits, enforcement mechanisms for noncompliance and so forth), the metaphor of a swamp might be useful.

Swamps are murky. What might seem firm footing suddenly becomes slippery. What seems fixed and obvious going forward can suddenly change materially based on suddenly altered circumstances.

Yes, you should think about tax considerations as a single parent

18724341_S.jpgIt's almost too precious to say at this time of the year that tax-related issues can be, well, taxing for a filer.

It's true, though, and virtually all filers have dealt with one or more headaches during the process of marshalling relevant documents each year, collecting applicable tax forms, wading through instructions and then wondering whether they got the bottom line right.

Those same concerns can hold true for a filer in Illinois, Missouri and everywhere else across the country even in instances when they employ a tax professional to do the work and file their returns.

It's just a simple and borne-out truism in the United States: Tax considerations are complex, and they are recurring.

Breaking up: a million songs on this, and some research, too

Thumbnail image for 21680715_S.jpgBreaking up following a marriage or other relationship is indeed a big deal in most instances.

We all know that from the scores of song titles that most of us can readily come up with that deal with post-relationship splits. They deal with heartbreak, anger, feelings of resignation, depression and, yes, redemption.

We also know that cutting cords in a marriage or other coupling that has failed is a development of fundamental importance because, well, we just know it.

We feel it. It is manifested when we wake up in the morning alone, head off to work, talk with -- or cease relating to -- people who have always been friends as couples and simply deal with post-breakup life in all its dimensions.

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