In a typical mediation session, the parties are often told to focus on their interests in order to work out a solution. They may exchange a provision that they do not care about as leverage for a provision that they do care about. A family mediator in Chicago can explain that parents have a more
Resolving a case through the Chicago family court system is not only stressful, but also financially burdensome for the parties involved. In especially contested divorce cases, it is not unusual for attorneys’ fees and court costs to exceed $10,000. The parties in a divorce case may save thousands of dollars by using a Chicago divorce
Equally damaging to a relationship as any other type of infidelity, financial infidelity weds a deep sense of betrayal and deceit with a profound loss of trust. It shakes the foundation of a relationship. Secret purchases on credit cards, borrowing money from a bank account or credit card, stashing money, and incurring debt unbeknownst from
In my last blog post I suggested that sending mediation clients off to separate attorneys was not being helpful. In response to this proposition one reader, an attorney and mediator from California, suggested that I had a low opinion of attorneys. I hope not. I have been a proud member
Let’s cut to the chase: compulsive shopping and credit card addiction are genuine problems, and they’re more common than you may think. If you suspect that you suffer from a compulsive shopping and/or credit card addiction, it’s important that you understand two things: You are not alone. There is a way out. This article isn’t
Before people in Illinois get married, they can play an active role in managing their assets and properties to protect themselves and their financial future. The manner in which title to property is held can have a dramatic impact on property division when a divorce occurs. As part of this, it is valuable to have
Ron and Mary both live in the same split-level ranch they bought as newlyweds in 1995. But the problem is that Ron and Mary are not newlyweds anymore — or even married. The couple divorced in 2011 but remain living together as platonic roommates for financial reasons. Ron has been unable to find work after
Divorce. It’s right up there with death of a spouse for the most stressful life events we can experience. Yet just as you cannot escape the paperwork and financial issues after the death of a loved one, you can’t afford to ignore the financial aspects of a divorce, as you are setting the foundation for
Anuradha Venkataprasad decided to return to Hyderabad after severing her seven-year-old marriage in USA. Anuradha had already become a US citizen when she applied for the divorce in a Florida court in USA. She was awarded alimony by the courts in Florida, in accordance with US statutes. When she had to file an Income Tax
If you’ve ever sat down with a tax specialist or a financial advisor, he/she might have mentioned something about a QDRO or Qualified Domestic Relations Order. And, if you’re like the millions of other folks just hearing this phrase, you might be wondering what it means and how it affects you. It’s reasonable to question
