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Category: Divorce

Tax reasons to divorce in 2018

Tue 26 Jun, 2018 / by / Divorce

People in Illinois who are contemplating getting a divorce should consider whether it would be beneficial for them to finalize their divorce in 2018. They should be aware that certain tax changes that have resulted from the passage of federal tax laws become effective in 2019 and will affect financial …

Dividing retirement assets in a divorce

Fri 8 Dec, 2017 / by / Divorce

Illinois residents may not realize that retirement savings are among the assets which need to be divided after a divorce. The way these savings are split can differ depending on the type of retirement plan people have, and it is important to understand the different ways retirement savings can be …