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Making a clean financial break after a divorce

Divorcing dependent spouses in Illinois may not want to make all that many changes initially. This may result in the continued reliance on the same set of financial professionals that provided assistance during the marriage. However, it's generally agreed that newly single people are likely to benefit from making a clean financial break from their former mate after a divorce by choosing a new financial team, especially if it was the other spouse who maintained relationships with those professionals.

The unique nuances of super-wealthy divorces

Many people in Illinois have likely caught wind of the news concerning the divorce of Amazon founder Jeff Bezos and his wife. The pair, who announced their spit via social media, have been together for 25 years. During that time, they've amassed more than $100 billion in assets that will need to be divided among them. In addition to the big dollar amounts involved, there are other notable differences between super-wealthy divorces and more traditional splits among couples with fewer assets.

Studies probe attractiveness and relationship health

People in Illinois may wonder how the relative attractiveness of two romantic partners affects the strength of the relationship. According to some researchers, men who marry women who are considered more attractive than themselves may have a higher risk of divorce. Of course, attractiveness is an individual quality, and people differ widely on which attributes are considered attractive or unattractive. However, social beauty standards and concepts of attractiveness can have a significant impact on how others treat people, both in romantic relationships and in other areas of life.

Divorce appears amicable as Usher and wife file divorce papers

As a singer and songwriter, Usher has attracted music fans in Illinois for years. Although his career endures, his most recent marriage has ended. His marriage that began in September 2015 when he joined with a woman who had worked as his manager is drawing to a close. They filed the court papers necessary to proceed with a divorce.

How divorce can affect credit card debt

Many Illinois couples whose marriages are ending may be concerned about how to divide their assets during a divorce, but it can be just as important to consider how credit card debt will be split. When debt was incurred on a jointly held card, it belongs to both of them, and despite the text of the divorce decree, the credit card company retains its ability to pursue either party. Financial experts often advise that people seek to exit their marriages without holding any joint debt. While it may not be possible to pay off all joint credit cards, people can transfer debts to cards in the name of the individual partners, depending on their agreement about how to handle them.

Credit cards and divorce

Those who get divorced in Illinois may find that they are still responsible for joint credit card debts incurred while married. However, there are ways to make sure that marital debts don't haunt an individual in the future. For instance, the debt can be transferred onto a credit card in the former spouse's name. It may also be worthwhile to pay off joint debts before the divorce becomes official.

Housing arrangements and child custody

Parents who are requesting primary child custody may need to present evidence in court about how their living arrangements are suitable for children. A parent's housing arrangements in Illinois could affect their chances of being awarded custody in several ways.

Holiday stress is more pronounced for divorced families

An idealized picture of the holiday season often leads families to nostalgically look back at past memories while creating new ones each year. A more realistic view, however, reveals a great deal of stress and anxiety for many Illinois families, even under the best of circumstances. These feelings become much more magnified for families that have recently divorced. However, there are steps that can be taken to counteract the stress and help ensure a happy holiday season.

Smoothing out divorced parents' struggles in Illinois

Divorce typically causes difficulties when it comes to parenting. While child custody is usually a shared responsibility between the parents, it is not always an easy thing to accomplish. In an ideal world, the adults would put aside their differences to co-parent effectively, but this is not always the case.

Dealing with the other parent's alcohol abuse in divorce

If a parent in Illinois who is getting a divorce becomes concerned about their child's safety with the other parent, there may be steps that parent can take to protect the child, but this is not always the case. One man was worried about his wife's drinking because he thought she might drink and drive with their 7-year-old in the car. He also was the child's main caregiver, so he was concerned that the child was with his wife and that she had cut off contact.

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