While divorce marks the end of a chapter, the decisions you make during the process can impact your future for years to come. Whether you and your spouse are parting on good terms or navigating a more contentious split, divorce is rarely simple. Mistakes made during this time can lead to unnecessary stress, financial setbacks, or unfavorable custody arrangements. By working with an Illinois family law attorney who can help you understand what to avoid, you can protect your rights and make smart choices.
Hiding Assets or Income
Some people may attempt to protect their finances by hiding assets or not reporting income during a divorce. However, both spouses are legally required to fully disclose their assets, debts, and income. Attempting to conceal information can result in court sanctions, loss of credibility, and an unfavorable financial settlement. Therefore, it is important to be honest and transparent in all financial disclosures.