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100 Illinois Street, Suite 200, St. Charles, IL 60174
 | 630-200-4882
By Appointment Only
Evening and Weekend Hours by Appointment
West Dundee, IL847-428-7725
St. Charles, IL630-200-4882
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Serving Kane, McHenry, DuPage and Cook Counties

Kane County divorce attorney asset division

Getting a divorce can have significant financial implications not only for your immediate future but also in the long term. In particular, it may have an impact on your retirement plans, especially if you are divorcing later in life. Statistics show that more and more older couples are getting divorced these days, referred to as “gray divorces.” It is important to be aware of the potential effects of ending your marriage at this stage and to consider options that allow you to keep your retirement goals within reach as much as possible.

Divorce and Your Golden Years

Often called the “Golden Years,” retirement can be an enjoyable time for active adults who are done working. However, divorce brings a number of changes that can affect your retirement plans, including:

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Kane County divorce attorney spousal maintenance

The words “alimony” and “spousal support” may conjure visions of ugly court battles in which each spouse tries to get the better of the other, but in reality, this often does not have to be the case. If you and your spouse are willing to cooperate, it is possible to reach a mutual agreement on spousal support without requiring a trial at all. If you are concerned about your ability to support yourself financially after your divorce, it may be in your best interest to negotiate with your spouse to establish a maintenance arrangement that meets your needs.

Suggestions for Successful Spousal Maintenance Negotiations

As you prepare to approach a negotiation with your spouse on the subject of spousal support, here are some tips that may help you succeed:

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Algonquin family law attorney legal separation

If you are confident that staying married is no longer in your best interest, the finality of a divorce may be what you need to move forward with your life. On the other hand, if you have doubts or reservations, divorce may feel like too permanent of a decision for your current situation. In this case, a legal separation may be a good option, but you should be aware of the potential benefits and drawbacks before you begin the process.

Advantages of a Legally Separating

During a legal separation, you and your spouse will live separately while remaining legally married. One spouse’s move to a new residence does not automatically initiate a legal separation, however. Rather, you will need to bring the action before your county court.

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Kane County divorce attorney property division

A couple may choose to get a divorce for a wide variety of reasons, and chances are, there is more than one contributing factor in any divorce situation. A recent study in the Couple and Family Psychology journal sought to identify some of the common causes by interviewing divorced people about their reasons, and you may find your own situation reflected in the results. It is important to note that depending on the reasons for your divorce, you may be in for a very different divorce process.

Why Do Couples Get Divorced?

Some of the most common reasons for divorce reported in the study include:

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Algonquin divorce attorney order modification

Once your divorce is finalized, it is important to recognize that the terms ordered or approved in court are legally binding and that there can be significant consequences if you fail to follow them. However, this does not necessarily mean that you are forever trapped by an agreement that puts you at a disadvantage, especially if your situation has changed significantly since your divorce. When circumstances call for it, you can pursue a legal modification to your divorce decree that considers your current state of affairs.

Reasons for a Divorce Decree Modification

The most common elements of a divorce decree that can be modified are spousal support, child support, and the allocation of parenting time and parental responsibilities. There are a number of possible situations in which a modification may be necessary or beneficial, including:

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