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Posted on in Property Division

Hearing that your spouse has filed for divorce can be devastating.  The life that you have built together is changing and that’s scary.  But do not let the news take you away from dealing with the divorce proactively.  As you have spent time with your spouse amassing assets, make sure to account for everything that needs to be separated.  Having the proper setup for the process of property division can affect your financial future.

The first step is to take an inventory of the marital assets that are subject to property division.  Marital assets includes all property that was acquired during the marriage.  Certain restrictions include gifts to one spouse, property acquired by those gifts, and property excluded from the marital estate.  A good way to take stock of your assets is by collecting financial paperwork like paycheck stubs, tax returns, loan or mortgage paperwork and bank statements that will establish your net worth as a married couple.

Property Division

Posted on in Property Division

When a couple goes through a divorce, it is not usually a happy time. Instead, emotions are high and feelings of retribution may be strong. Deciding who gets what could be challenging. What you assume is yours perhaps now becomes part of the marital assets. In addition, assets may not be divided based on their dollar value, according to the Huffington Post. Your Illinois family law attorney can help you determine how property division might work in your situation.

Pam  Illinois family law attorneyUnderstanding how property division works can be complicated especially if there are significant assets involved. In Illinois, the division of property is not as easy as 50/50. That is why knowing what to expect is important to protect what you may feel that you are entitled to.

It is important to understand the differences between 'separate' and 'marital' property. Separate property includes those assets that you came into the marriage with. These assets may also include inheritance and gifts before or during the marriage. You may feel that these assets are rightfully yours, but things may get hairy, if, during the marriage, these assets were combined. For instance, if you received an inheritance from a deceased aunt and you deposit that money into a joint account with your spouse, he or she may now be entitled to it. Likewise, if your spouse added your name to property that he or she owns, it becomes marital property, and is divided during a divorce.

LeeviMarried couples who share similar drinking habits may get along better than couples where one partner is a heavy drinker but the other is not, according to a new study from Norway. In general, divorce is much more likely to happen in relationships where the usage of alcohol is high. The study suggests that especially in marriages where the wife is a heavy drinker, the relationship is more likely to end in divorce. In marriages where only the wife consumed considerable amounts of alcohol, the divorce rate was 26.8%. But in marriages where only the husband was a heavy drinker, the divorce rate was not nearly as high, only 13.1%.

The researchers speculate that drinking in women upended marriages for gender and cultural reasons. Women are generally more strongly affected by alcohol than men are which may impair them, and add risk in a marriage, more than a husband’s drinking might. In addition, drinking “may be judged as incompatible with female roles.”

The results of the study seem to indicate that couples who are about to marry should take their partner’s drinking habits into consideration because their drinking may turn into a problem later on in the relationship. Compatible drinking habits improve marital stability, especially when both husband and wife do not drink a lot of alcohol. The divorce rate was only 5.8% in such marriages.

Posted on in Divorce

We all strive to be unique individuals – to leave our mark on the world like no one else means so much. It can be through a career, sport, volunteering, marital status and or even being a parent. No one wants to be a number.

Marriage has always been about two people coming together and sharing a life together through children, spending time together, date nights, vacations, laughing and going through good and hard times together. Never does one think it will end.

Statistics speak volumes. In our country alone the U.S. Bureau of the Census reported there were 2.3 million marriages and 1.2 million divorces in 2005. About 9.9% of adults in the U.S. are divorced – meaning 20 million Americans have parted ways for differing reasons. When one sees a 50% divorce rate, it makes one think what is the point? Even after one failed marriage (40% fail), trying again and again does NOT improve your chances for success; even if you think you learned all the mistakes the first time around. Second marriages have a 60% rate of divorce and third marriages end 73% of the time! People still have hope though, as 75% do remarry.

Milton Bradley, 34, has been charged with abusing his estranged wife on January 11, according to this article from ABC news.

Bradley, a former Chicago Cubs outfielder, faces 13 misdemeanor counts of assault with a deadly weapon, vandalism and dissuading a witness from making a report. He could receive up to 13 years in prison and $13,000 in fines and restitution if convicted.

There have been other instances of domestic disturbance between Bradley and his wife. In 2011 and 2012, prosecutors say he threatened his wife five times—and was arrested twice in 2011. Although the wife has given details of certain encounters, Bradley maintains that she’s lying about the alleged abuse. He told his lawyer that “she's making up stories. I don't know what she's talking about.” Some of the allegations include Bradley kicking his wife in the ribs, threatening her with a knife, and choking her after she asked that he not smoke marijuana in front of their two kids. Currently, the two are in the middle of a contentious divorce.

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