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Tag Archives: Family Law

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Ways To Divorce Without Going Broke

By Franks & Kelly P.C., Attorneys at Law |

Divorce is the most expensive single financial transaction in most people’s lives, bringing critical concerns that must be addressed right away. This text contains helpful tips on every aspect of divorce: before the divorce, gathering records, alimony, tax returns, navigating the divorce, amassing funds, hiring an attorney, child support, property distribution, and life adjustments… Read More »

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How To Divorce A Narcissist And Win

By Franks & Kelly P.C., Attorneys at Law |

Getting a divorce is never a pleasant journey, and when it involves a narcissist, it becomes even more complicated. Narcissists are self-centered individuals who are too full of themselves and boastful of their capabilities. When there is a divorce involving a narcissist, get ready for revenge cause it is unlikely that your spouse will… Read More »

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What Happens To Your Joint Business When You Divorce In Illinois?

By Franks & Kelly P.C., Attorneys at Law |

When you decide to get a divorce despite all the emotional stress involved, it becomes even more complex when a business partnership is involved. In Illinois, the disentanglement of a business from a failed marriage can result in a slew of legal and financial hurdles that can take a toll on you without the… Read More »

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Recent Changes to Alimony Laws in Illinois

By Franks & Kelly P.C., Attorneys at Law |

There is change in the world of alimony and spousal support laws in Illinois, and it’s time for us to take a closer look at the developments that are shaking things up for 2023. But what do these changes mean for Illinois residents going through a divorce? What types of alimony are available, and… Read More »

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6 Financial Mistakes to Avoid During A Divorce

By Franks & Kelly P.C., Attorneys at Law |

Everyone experiences stress during a divorce, but handling money during one can be particularly difficult. Asset, liability, and property division can quickly turn messy and complex, resulting in costly errors in money management. This article will outline six common financial mistakes you should avoid during divorce. Failing to Obtain a Credit Report Get credit… Read More »

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Does Cryptocurrency Qualify As An Asset In A Divorce Settlement In 2022?

By Franks & Kelly P.C., Attorneys at Law |

Divorce laws require you and your spouse to disclose all your assets and liabilities at the start of the divorce proceedings. Cryptocurrency is considered an asset and must be listed and submitted to the court during a divorce. As with stocks and shares on the market, cryptocurrency tokens have a current value shown when… Read More »

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How a Lawyer Can Make a Difference in Your Child Support Arrangement

By Franks & Kelly P.C., Attorneys at Law |

Getting a divorce puts your emotions in different places, making you overlook some important things. Sometimes even if the divorces are amicable, you still might not be satisfied with your child support arrangement. Going through with the adjustment is not straightforward and requires the assistance of a good divorce attorney to achieve the settlement… Read More »

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Does Your Marriage Qualify for an Annulment?

By Franks & Kelly P.C., Attorneys at Law |

“Till death do us part” may be the words in the vows, but divorce has been the best and most common way to end a marriage. But while many estranged couples say they wish the marriage never happened in the first place, the annulment process seems to make their wish come true by wiping… Read More »

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What To Prove When Seeking To Modify Child Custody Agreements.

By Franks & Kelly P.C., Attorneys at Law |

To alter a child custody agreement, the party requesting the change must submit a motion with the court. It is essential to understand that child support amendment rules differ from state to state. In general, to alter child support payments, the parent seeking the modification must demonstrate that a major change in circumstances has… Read More »

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Issues You Need to Talk About With Your Divorce Attorney

By Franks & Kelly P.C., Attorneys at Law |

Issues You Need to Talk About With Your Divorce Attorney Divorce is difficult, and it comes with its own set of issues that can lead to couples making unreasonable decisions. If you have an impending divorce and aren’t sure what to expect, you’ve come to the perfect place. Before you start, bear in mind… Read More »