Alimony vs. spousal support—what’s the difference? How can they affect your financial situation after a divorce, and how much support can you expect to pay or receive? In this article, our team at Peskind Law Firm in St. Charles, IL, shares what you need to know to help you through your legal proceedings.
What’s the Difference Between Alimony and Spousal Support?
There is no difference between alimony and spousal support. Most people associate alimony with men supporting women after divorce proceedings, but this term is older and more outdated. Illinois law actually prefers the term “spousal maintenance” instead of spousal
Continue Reading WHAT’S THE DIFFERENCE BETWEEN ALIMONY VS. SPOUSAL SUPPORT IN ILLINOIS?
Latest from Peskind Law Firm Blog
10 Important Questions to Ask a Divorce Lawyer During a Consultation
Going through a divorce is difficult for you and your family, so you should find a lawyer who can take some weight off your shoulders instead of adding to it. When choosing a divorce attorney, you should find someone you can trust and who has your best interest at heart.
Are you looking for divorce lawyer services in DuPage County? At Peskind Law Firm, we have over 35 years of combined experience in family court. We know what success looks like, so we can help you prepare for a good outcome.
We’ll go over the best questions to ask
Continue Reading 10 Important Questions to Ask a Divorce Lawyer During a Consultation
Dividing Cryptocurrency in a Divorce
BITCOINS AND DIVORCE: HOW TO FIND, VALUE, AND DIVIDE THEM IN AN ILLINOIS DIVORCE
Protect your financial future by understanding how Illinois courts have started dividing cryptocurrency in a divorce setting. Bitcoin first emerged in 2009, but it took several years to capture the public’s imagination. Now that cryptocurrency prices have skyrocketed, opposing parties in divorce court have taken notice.
But what is cryptocurrency? How do judges assess the value of a volatile digital asset? And how do courts determine ownership of cryptocurrency? Discover the answers to these increasingly relevant questions below.
What Is Cryptocurrency?
Any form of decentralized, encrypted,
Continue Reading Dividing Cryptocurrency in a Divorce
7 Tips for Co-Parenting During the Holidays
Combine the general stress of the holidays with a recent divorce and custody battle, and you have a recipe for a less-than-jolly season. While the post-divorce holidays may be different, they don’t have to be stressful. No matter what you and your former spouse disagree on, you are likely both in agreement that you want a happy, low-stress holiday for your children.
If you’ve been searching for a guide that explains how to co-parent during the holidays, this article is for you. Our family law attorneys have outlined seven tips for co-parenting during the holiday season that will, hopefully, make
Continue Reading 7 Tips for Co-Parenting During the Holidays
How to Effectively Navigate Holidays After a Divorce
The “most wonderful time of year” for recently divorced parents can seem like the most stressful time of year. Navigating a multitude of family changes, complex custody schedules, and confusing emotions, the holiday season can be downright dreaded for some recent divorcees. While navigating this time of year can feel overwhelming, remember that you are not alone, as many parents have been in your shoes. Our family law attorneys at Peskind Law Firm have written this article to provide some tips to effectively navigate the holidays after a divorce, like co-parenting and creating a holiday custody schedule that works for
Continue Reading How to Effectively Navigate Holidays After a Divorce
Issues Involving the Family Business in Illinois Divorce
Divorce and the Family Business
In any divorce case, property needs to be: 1. identified, 2. classified 3. valued, and 4. divided. Identification of property is the act of discovering what’s there. Classification involves determining whether the identified property is marital property to be divided or non-marital property of one of the spouses. The valuation phase puts a number on the property based on its fair market value. Finally, division involves allocating the property equitably. Sometimes the property itself is divided, and other times there are offsets and buyouts arranged.
This formula is fairly straightforward with most assets such as
Continue Reading Issues Involving the Family Business in Illinois Divorce
Summer Vacation and Parenting Time
Summer is here, and it’s time to start planning your trips. For many people, this is as simple as turning on the computer and booking plane tickets. For others, it’s a bit more complicated.
When you are co-parenting with a former spouse or partner, there are many more challenges in planning summer vacations and simply figuring out summer schedules for your children. Accordingly, in this article, we will talk about some ways to more easily handle the pressures that come with planning parenting time during the summer.
If you need help determining what kind of visitation you’re entitled to this
Continue Reading Summer Vacation and Parenting Time
How Do I Change A Child Custody Order in Illinois?
Life brings changes. Sometimes those changes are completely unexpected. When it comes to child custody matters, you want to make sure that any unexpected life changes do not cause any issues with your children after a divorce. That is why the family courts in Illinois, as with other states, allow for the modification of child custody orders after a divorce has been finalized.
In this article, we will discuss the important issues involving the modification of a child custody order in Illinois. If, after reading this article, you have more questions about modifying a child custody order in your own case, we
Continue Reading How Do I Change A Child Custody Order in Illinois?
What are the Basic Steps for a Divorce in Illinois?
Divorce is complicated, both emotionally and legally. It requires you to commit to a legal process about which you likely know very little, and all the while, you must deal with the pain and heartbreak that goes with ending a major milestone in your life. To make the divorce process just a little more transparent, we will discuss the main steps in any Illinois divorce in this article.
Now, regardless of whether you are entering into an amicable or contested proceeding, here the main steps that you can expect in your Illinois divorce:
Step 1: Making the Decision to Get
Continue Reading What are the Basic Steps for a Divorce in Illinois?
Equal Parenting Time & Relocation
Can I move and still retain 50/50 parenting time in Illinois?
Obtaining a 50/50 schedule is often an important step in ensuring that you are a part of your child’s life and get to see them often. Sometimes circumstances change, however, and a move further away from them becomes necessary. When this happens, parents often wonder exactly how far they can move and still retain 50/50 custody.
The first thing to consider when answering this question is what your parenting plan says about relocation. The allocation of parenting responsibilities and parenting time that the court set forth at the end
Continue Reading Equal Parenting Time & Relocation
Moving On: A Primer on Illinois Law Regarding Relocation
How can I relocate with my child after a divorce as a custodial parent?
The end of divorce proceedings is a relief for most parties; however, it is not necessarily the end of legal concerns. This is especially true when children are involved. Custody agreements offer specific terms that both the custodial and noncustodial parent must follow. Failure to adhere to them can result in legal consequences and potentially even a loss of parenting time. One of the areas where disagreements and complications most commonly arise is relocation.
What is relocation?
Relocation refers to moving with children after a divorce,
Continue Reading Moving On: A Primer on Illinois Law Regarding Relocation
Divorce Self Care
Divorce can be an incredibly stressful time for many. A lot of people prefer to avoid divorce at all costs and will often prolong an unhappy marriage. Divorce is expensive, the family is pulled apart, and conflict kicks into overdrive. When it comes down to splitting assets and family division, you see a different side of your former spouse – and yourself. It’s not uncommon to experience symptoms of anxiety and depression during the uncoupling transition. When you lose a partner, you experience new forms of stress, including financial, emotional, sexual, and physical. Due to the amount of stress that
Continue Reading Divorce Self Care
Be Your Own Valentine
As we enter into the month of love, you may be feeling discouraged or that you have nothing to celebrate. In a culture that romanticizes romance and love, rewrite the narrative and focus on loving yourself! Taking care of yourself mentally and physically is one of the best things you can do, especially during a stressful time like divorce!
1.) Take time each day to do some form of exercise: Not only is exercise beneficial to your physical health, but it is also a great stress reliever and great for your mental health. Elevate your heart rate to elevate your mood.
Continue Reading Be Your Own Valentine
Divorce and COVID-19: New Challenges and Smart Solutions
Sometimes, no matter how promising the beginning, relationships must come to an end. When a partnership is no longer viable, and the parties involved seek a way out, divorce is the best solution. That doesn’t mean it’s the easiest solution, which can be especially true during the era of COVID-19. While much of society ground to a halt, specific industries can’t do the same – the legal system is one of them. This is good news for individuals looking for a divorce, although the process to obtain one might be a bit different than you’d imagine. But whatever you do,
Continue Reading Divorce and COVID-19: New Challenges and Smart Solutions
COVID & Divorce: A New Process for a New Age
A divorce is never an easy process, but the COVID-19 pandemic has presented both lawyers and clients alike with an unprecedented set of circumstances. Gathering in a small room for mediation or divorce hearings is no longer a feasible option for many individuals, and the demand for divorce proceedings has been on the rise as the pandemic drags on. To better serve their clients, the courts have turned to a new way of conducting hearings. Let’s take a look.
Virtual Divorce
Much of the world has shifted online, with everything from birthday parties to corporate conferences taking place via video
Continue Reading COVID & Divorce: A New Process for a New Age
Holidays and Divorce: When the Holidays aren’t so Jolly
The holiday season is a painful reminder of loss and the absence of people no longer in your life. Recovery from divorce or other loss is more challenging during the holidays. As the season is upon us, be mindful of your feelings.
Here are some suggestions to help those transitioning during this challenging time:
1.) Start New Traditions
You no longer are obligated to participate in traditions that were important to your partner or your partner’s family. Let go. You have the opportunity to start new traditions, whether by yourself, with your dog, or alone with your children. It’s not
Continue Reading Holidays and Divorce: When the Holidays aren’t so Jolly