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How To Prepare For A Divorce In Illinois - Russell D. Knight

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Content provided by Viktoria Altman. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Viktoria Altman or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

From Law Office of Russell D. Knight - In this episode, we delve into 'How To Prepare For A Divorce In Illinois.' Navigating the divorce process can be daunting, especially with concerns about what will happen to your children and finances. We break down the three essential legal documents: the Judgment For Dissolution of Marriage, the Allocation of Parenting Time and Parental Responsibilities, and the Marital Settlement Agreement. Understanding these documents will help you set clear goals for the outcome of your divorce from the very beginning.

We'll discuss the critical steps you need to take to protect your interests. From setting realistic financial goals to understanding your bottom line for child support and alimony, this episode covers it all. Learn how Illinois statutes like 750 ILCS 5/602.7(b)(3) and 750 ILCS 505(a)(2)(A) guide decisions on parenting time and support payments. We'll also explore how to document your assets and income accurately to ensure a fair division of property and appropriate support calculations.

Preparation is key when considering a divorce, and timing can significantly impact your case. We explain the importance of pre-divorce behaviors, such as adjusting your schedule to reflect your desired parenting time and managing your gross income to influence support payments. Hear how court precedents like In re Marriage of Ebert and In Re Marriage of Tietz affect decisions on income and asset dissipation. Understanding these elements will help you make informed choices throughout your divorce proceedings.

Finally, we offer practical advice on gathering the necessary documents, such as tax returns and bank statements, to prove income and spending. Learn about the Illinois Financial Affidavit and how to establish the marital or non-marital character of your assets. Whether you're just starting to consider divorce or are ready to file, this episode provides a comprehensive guide to ensure you're well-prepared for each step of the process. For a free consultation and to discuss your strategy, contact our Chicago, Illinois family law firm.
Law Office of Russell D. Knight
1165 N Clark St #700, Chicago, IL 60610, United States
(773) 334-6311
https://www.google.com/maps?cid=13056420905624162796

  continue reading

1110 episodes

Artwork
iconShare
 
Manage episode 424277752 series 3376163
Content provided by Viktoria Altman. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Viktoria Altman or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

From Law Office of Russell D. Knight - In this episode, we delve into 'How To Prepare For A Divorce In Illinois.' Navigating the divorce process can be daunting, especially with concerns about what will happen to your children and finances. We break down the three essential legal documents: the Judgment For Dissolution of Marriage, the Allocation of Parenting Time and Parental Responsibilities, and the Marital Settlement Agreement. Understanding these documents will help you set clear goals for the outcome of your divorce from the very beginning.

We'll discuss the critical steps you need to take to protect your interests. From setting realistic financial goals to understanding your bottom line for child support and alimony, this episode covers it all. Learn how Illinois statutes like 750 ILCS 5/602.7(b)(3) and 750 ILCS 505(a)(2)(A) guide decisions on parenting time and support payments. We'll also explore how to document your assets and income accurately to ensure a fair division of property and appropriate support calculations.

Preparation is key when considering a divorce, and timing can significantly impact your case. We explain the importance of pre-divorce behaviors, such as adjusting your schedule to reflect your desired parenting time and managing your gross income to influence support payments. Hear how court precedents like In re Marriage of Ebert and In Re Marriage of Tietz affect decisions on income and asset dissipation. Understanding these elements will help you make informed choices throughout your divorce proceedings.

Finally, we offer practical advice on gathering the necessary documents, such as tax returns and bank statements, to prove income and spending. Learn about the Illinois Financial Affidavit and how to establish the marital or non-marital character of your assets. Whether you're just starting to consider divorce or are ready to file, this episode provides a comprehensive guide to ensure you're well-prepared for each step of the process. For a free consultation and to discuss your strategy, contact our Chicago, Illinois family law firm.
Law Office of Russell D. Knight
1165 N Clark St #700, Chicago, IL 60610, United States
(773) 334-6311
https://www.google.com/maps?cid=13056420905624162796

  continue reading

1110 episodes

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