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Peoria Family Law Blog

Identity theft and high-asset divorce

If you are preparing for the end of your marriage or trying to move forward after a high-asset divorce, you may be facing various challenges. We have covered many of these issues on our blog, such as property division and those involving children (custody, child support, etc.). However, there are additional concerns that may be raised during the process of divorce or some point down the road, which can be especially difficult for those who have significant assets. For example, identity theft can be a serious concern for some people and has created many problems for those who have been through a bitter divorce.

Identity theft can be especially problematic when a former spouse carries out this offense for different reasons. Sometimes, people are upset or hold grudges against their former spouse, while others may be experiencing financial need after splitting up with their marital partner. Often, a spouse has access to critical information, such as someone's date of birth, their mother's maiden name, credit card numbers, their social security number, and other details. From stealing funds from a financial account to opening a credit card in their ex's name, identity theft can be a serious problem for some people who are in the middle of the divorce process or have split up with their spouse some time ago.

Halloween and custody disputes

Whether you are just approaching the process of divorce or have already split up with your spouse, holidays can be tough, especially if you have kids. Moreover, custody disputes and a parent's pursuit of visitation rights can be very emotional for children and both parents. With Halloween and other holidays, a parent who is unable to spend time with his or her child may be particularly upset, which highlights the importance of going over the ins and outs of your case if you are involved in a custody dispute. Our firm understands how complex and emotionally charged these issues can be, but it is important to keep yourself focused on the case and fight for the best interests of your child.

During Halloween, many parents enjoy trick-or-treating and spending time with their children. If you were unable to spend the recent holiday with your child, or are worried that it may be the last Halloween you can enjoy with them, you should carefully review your options. Sometimes, communicating with your child's other parent can be incredibly helpful. Ideally, parents who have brought an end to their marriage can work out an arrangement that is acceptable for both parents and children as well. Unfortunately, this is not always possible and custody disputes can become very contentious.

Seasonal affective disorder and divorce

Many different experiences and conditions can make it harder for people to split up with their spouse, whether they are concerned about the financial effects of ending their marriage, are struggling with a health condition, or do not believe that it is an appropriate time to divorce. However, those who suffer from seasonal affective disorder may experience additional hardships related to their divorce. For example, they may push off divorce because they feel as if they do not have the energy to work through the process or they might experience depression afterward.

If you have seasonal affective disorder, it is important to do what you can to minimize the negative aspects of this condition and try to prevent it from interfering with your divorce or making your life challenging in other ways. For example, you should try to maintain a positive outlook during the divorce process, as hard as that may be. Unfortunately, some people who suffer from SAD may find that the disorder interferes with their ability to present their case appropriately in court, discuss these matters with their children, or handle other divorce-related issues.

Discussing divorce with family members

Those going through a high asset divorce frequently encounter certain difficulties, from concerns about how marital property will be divided to issues involving child support and custody. However, some people may also struggle with talking to their other family members about their decision to end their marriage or a divorce they have found themselves in the middle of. With the holiday season approaching, many families will come together for celebrations and it is especially important for those who are preparing to end their marriage to be ready.

There are different pointers you may want to keep in mind when it comes to divorce and your relatives. First of all, the topic may be unavoidable because your former spouse will not be present, if you have not already informed your family of the divorce. Moreover, your parents, siblings, and other relatives may have questions related to your divorce. For example, they may wonder why you split up, they may disagree with the divorce, or they could ask personal questions that you do not wish to answer. For these reasons, it is crucial to be prepared for any questions you might face. If you have children, you may wish to avoid the topic altogether.

Complex divorce matters may include hidden assets

When a couple with high net worth decides to divorce, determining an equitable division of assets can be a careful procedure.

It is not uncommon for one spouse or the other to attempt to conceal certain assets until the divorce is final. If you suspect your soon-to-be ex is doing this, your attorney may want to gather a team of experts to help investigate the matter.

Establishing paternity in Illinois

Establishing paternity in the state of Illinois is beneficial for both the child and the father. Naming the legal father results in fewer battles or confusion over situations related to finances, health benefits and custody decisions.

According to the Illinois Department of Healthcare and Family Services, some of the benefits to the father are that his name is added to the birth certificate and it protects his rights in regard to numerous issues, such as custody, related to the raising of the child. An important emotional benefit to the child is they know who their father is and have an opportunity to build a relationship with him. Other benefits include:

  • Information about paternal medical history
  • Improved chances of getting medical and financial support
  • Potential access to Social Security benefits
  • Eligibility for inheritance or veteran's benefits

Social media and high-asset divorce

In a recent blog post, we examined some of the issues that high-profile couples may experience when they decide to end their marriage. In the information age, there is another area of concern relevant to high-profile divorces and those who want to split up with their spouse when they have a high net worth: social media. Our firm knows the many ways that social media can affect those who are working through the divorce process, whether they post something they regret or are upset about information their spouse is sharing.

During a divorce, it can be tempting to express your thoughts and feelings through a social networking site. However, if you say the wrong thing, this could have a negative impact on your case, whether you are fighting for custody or dealing with other divorce-related matters. If you are a high-profile person, or have a high net worth, you may have an even larger following on social media, which is why you should be especially careful about what you choose to post.

Discussing custody matters with your child

From child support to alimony and the division of marital property, there are many fathers' rights issues that people deal with across the country. However, those involving custody and visitation can be particularly emotional for fathers in Peoria and other Illinois cities. Moreover, these issues can have a significant impact on children also, which is why you may want to think about going over these topics with your child if you are facing a custody dispute, worried about losing your rights to visitation, or are working through any other custody matter.

Custody matters can generate a great deal of uncertainty and this can be especially true for children. If you are going through a custody dispute, it might be very helpful for you to set aside some time to talk to your child about what is happening and reassure them that you will continue to care about them regardless of the outcome of your case. You should try to offer helpful information and give them answers to any questions that are on their mind. By doing so, you may be able to ease some of their concerns and provide yourself with a bit of peace.

High-profile couples and divorce

Making the decision to call off a marriage can be challenging for all types of couples. However, there are certain circumstances in which it can be especially tricky. For example, high-profile couples may have additional hurdles to work through, including the added stress and attention that is often associated with a divorce that is highly publicized. Our law firm understands the hurdles that high-profile couples in Peoria and other parts of Illinois may face and we believe that it is crucial for people who are in this position to carefully work through the end of marriage.

Sometimes, high-profile couples may decide to push off their divorce because the thought of creating a stir and drawing attention to themselves is stressful. However, you should not feel trapped in a marriage just because of the way that other people will react. Fortunately, there are steps that can be taken which could possibly alleviate some of these concerns. For example, you might be able to work together with your spouse to end your marriage in an amicable manner, avoiding disputes that can generate even more attention. Unfortunately, this is certainly not possible for everyone.

Time allocation looms large in the new child support law

Within the legislation's effort to modernize the child support agreement that accompanies a divorce decree, some people wonder if there is a downside concerning time allocation.

This concern is mostly directed toward shared parenting time, the parents’ net income factor and the amount of money each will have to pay toward child support.

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Toll Free: 888-314-9667
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Phone: 309-407-3332
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