Non-custodial parents may struggle with paying their child support due to any number of reasons, whether they are suffering due to a medical condition or are out of work. However, there are unique situations which can make it especially difficult to pay child support, such as long-term travel. If you are thinking about heading abroad for a lengthy period of time and worry about how you will pay support, it is essential to carefully look over your options and handle your situation appropriately.
Is legal separation better than divorce for the two of you?
Sometimes a seemingly small disagreement can spiral out of control and you and your spouse begin talking about divorce—but is that what you really want?
Divorce as a high-profile business owner
One of the first things that people should realize when they approach the process of divorce is that every couple's situation is unique. For some people, such as those who attract a considerable amount of attention and are wealthy business owners, divorce can be even more complicated. For example, a person in this position who is in the middle of a high-asset divorce may have to deal with a great deal of media coverage and gossip at the same time, which can lead to additional anxiety and even interfere with their ability to handle legal issues related to the end of their marriage.
High-asset divorce and estate plan revision
Our blog has covered many of the different concerns that can arise for those who move forward with a high-asset divorce, such as the distribution of marital property and handling divorce as a high-profile individual. However, there are other ways in which the end of your marriage could affect you if you have a high net worth. For example, if you have a trust or a will, you may need to take a second look at your estate plan and make changes due to terminating your marriage. We know that this can be especially hard for people across Illinois, since the end of a marriage can be highly emotional and bring major changes to a person's life. However, planning ahead and closely going over your options could help tremendously.
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