The use of prenuptial agreements has increased in Illinois and throughout the country in recent years as they have become less controversial. More people understand the reasoning behind working out an agreement about property and financial contingencies on the front end of a marriage rather than enduring protracted litigation and …

A growing number of older people in Illinois and across the country are choosing to divorce. While many people still think of divorce as a young person’s phenomenon, baby boomers’ divorce statistics continue to rise. Since 1990, the divorce rate has doubled among people 50 and older. At the same …

When older couples in Illinois end their marriage, they may face some particular financial challenges. Divorce in this age group is on the rise, with three times as many people aged 65 and older getting divorced compared to 1990 and two times as many who are 50 and older. However, …

People in Illinois may already be aware that getting a divorce can have a significant impact on their current and future financial well-being. However, divorce seems to affect women more negatively than it does men. According to one 2008 study, divorced women tend to experience a drop in income by …

When Illinois couples decide to divorce, assets often need to be identified and disentangled. With the rise of cryptocurrencies, a new layer of complication has been added to the already-complex process of understanding marital assets. These digital currencies, like Bitcoin and Ethereum, often offer a high level of anonymity. They …