A common assumption that many of those entering into divorce proceedings in Peoria often have is that alimony will automatically be a part of their divorce settlement. Their assumptions likely come from hearing stories in popular media of renowned divorce cases involving disputes over spousal maintenance. Yet the truth is that alimony is not awarded in every divorce case. Indeed, according to information shared by CBS News, government agencies report only between 243,000 and 361,000 adults in American as having received alimony in 2016. An important point to remember about spousal support is that it is not meant to serve as a punishment levied against the more well-to-do spouse; rather, it is simply meant to help an economically disadvantaged spouse transition into post-divorce life.
Can a lump sum payment help women struggling to get alimony?
In traditional Illinois marriages, it is fairly common for women to remain at home while the man is the primary breadwinner. This is especially normalized in high-asset marriages with children, as one party often remains at home to raise the kids. When the marriage ends, these women find themselves at an economic disadvantage.
What are ways for men to manage mental health after divorce?
The process of getting a divorce in Illinois often includes dealing with strong and complex emotions: fear, sadness, relief and confusion. While you may start to feel better as soon as you sign the papers, you may instead find it more difficult to move on with your life. You may struggle with depression or other mental health issues. While you may have to look hard to find them, there are resources that address the connection between men's mental health and divorce.
4 ways stay-at-home moms rebuild credit after a divorce
Effective marriages often require both sharing and splitting household responsibilities. If you elected to stay home to raise your children while your spouse went to work, though, your credit score may not be as high as you would like. Alternatively, you may have no creditworthiness at all.
How can I prepare my finances for a high-asset divorce?
If you are getting a divorce in Peoria, you may have wondered how you can prepare for that financial hit. Some divorces are amicable with couples never needing to set foot in court, or at the very least, not for long. However, when there are high-value assets involved, years of marriage that led to entangled ownership, and a breadwinner versus homemaker situation, things might become more complicated.
Financial debts and divorce
When individuals get a divorce in Illinois, the most complex parts of the settlement often revolve around finances. When a court grants a divorce, part of the order includes a division of the couple's finances, including both assets and debts. It is important for individuals to understand how debt may affect a divorce settlement.
Can I really get a paternity test at Walgreens?
If there is some doubt regarding the paternity of your child, you have likely spent a lot of time considering your options. Whether you are the father or the mother of the child, you may wish to prove who the biological father is once and for all. Unfortunately, DNA tests are typically very expensive and many parents are seeking cheaper solutions. Because of this, many have turned to Walgreens.
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