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Wheaton uncontested divorce lawyerWhile it is true that some couples do not end their marriages on the best of terms, many divorces are amicable, with both partners knowing that divorce is the best option for everyone. Getting a divorce means you will have to make some difficult decisions about your life and your children’s lives. Even though you may not agree on everything, your divorce does not have to be a strenuous process. An uncontested divorce can be preferable and beneficial for everyone involved -- that is, if you are able to cooperate and negotiate with your spouse.

Understanding an Uncontested Divorce

In the most basic of definitions, an uncontested divorce is simply one that is able to be negotiated and settled without the intervention of a court or a judge. There are certain things that all divorcing couples will have to decide before they can complete their divorce. These issues can include:

DuPage County divorce attorney

Marriage may look bright and shiny on the outside, but it can be a difficult relationship to maintain over the years. As people change, sometimes their partners do not change alongside them. No couple stays the same throughout the entirety of their marriage. For some couples, this can lead to new adventures throughout life’s stages, while for others, it can cause them to grow apart with no hope for reconciliation. Every marriage is unique, but there are a few common denominators that experts have found to be frequent causes of divorce

Money, Money, Money

In the past, many couples got married at a young age, meaning that they often did not have much money to their names. This has shifted in the last decade, as millennials decide to wait a little longer before tying the knot. Money troubles are common for young couples looking to start a life together. Rather than taking the time to build up a fair amount of savings, these couples can find themselves struggling to pay their bills, putting their relationship on the back burner. Although this is common with younger couples, those who get married later are far from exempt from financial issues. Some are used to being independent and find it difficult to share finances with their partner, while others run into hard times financially due to a job loss or medical care costs. Regardless of the reason, disagreements regarding money are common for all couples, and they can sometimes make or break a relationship.

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Wheaton high asset divorce attorneyThe financial aspects of divorce can be an additional stressor for those in the process of ending their marriage. For some, this stress comes from worrying about the cost of divorce. But for couples who have money to spare, their extensive assets can actually be the root of the divorce anxiety. During divorce, couples who have a high net worth have a few different issues that many other couples typically do not have to worry about. If you are going through a high net worth divorce, here are a few mistakes you should try your best to avoid:

Concealing Assets From Your Spouse

Trying to hide assets from your spouse is not uncommon in high net worth divorces. This is possibly one of the worst mistakes you can make, because not only is it unfair, but it is illegal. During divorce negotiations, you are required to be completely truthful with your spouse and their attorney. If you do not fully disclose all aspects of your finances during the discovery process, including the income you earn, the assets you own, and the debts you owe, you could end up paying a lot more than what you would have originally, causing you to lose the assets you were trying to protect.

Forgetting About Tax Issues

Getting a divorce involves a lot of financial decisions that can affect you for the rest of your life. One thing you must keep in mind when making these decisions is how it will affect your taxes after the divorce papers are signed. With the many financial aspects of divorce, there are tax implications that can come up in the future. Issues such as spousal support can affect the amount of taxes that you pay, along with 401(k) distributions or selling certain assets.

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Naperville property division attorneyGetting a divorce is never easy, especially when it comes time to dividing your marital property and assets. One of the most valuable and treasured things you and your spouse own is most likely your family home. Divvying up such a big and expensive asset can create contention, making the rest of the property division process uncomfortable. For many couples, the family home can be a sentimental asset, especially if you have raised children in the home. When it comes down to it, there are three basic options you can choose from when deciding what to do with the home: continue co-owning the home, sell the home and split the proceeds, or allow one spouse to “buy out” the other spouse.

Co-Own the Home With Your Spouse

For some couples, keeping things just the way they are is the most beneficial option. If you have children who want to stay in the home, it can be helpful to keep the home ownership under both of your names. This can also be an option for spouses who cannot agree on what to do with the home or who want to defer decision-making regarding the home until a later date, such as when children have graduated from high school.

Sell Your Home and Split the Profits

The most popular option that couples choose when getting a divorce is selling the family home and dividing the proceeds that come from the sale. This is typically the easiest way to deal with the home, but it can have certain consequences. If your house has appreciated significantly, you may have to pay capital gains taxes on the sale, which must be paid when you file your income taxes. Divorcing couples who decide that this option is best will also have to take the time to find new living arrangements.

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Naperville divorce attorneyIt is not impossible to have an amicable divorce - some people are able to get a divorce without any major disputes. However, there are many couples whose relationship is so contentious that they are unable to be civil while they are going through a divorce, especially when it comes to child-related issues. Parents can turn into completely different people when there is an issue involving their child. Sometimes during a divorce, parents can lose sight of what is best for their child because of all of the arguing and anger. In cases such as those, the court will often appoint a guardian ad litem (GAL) to help make sure the child’s needs are being met and decisions are being made in their best interests.

What Is a GAL?

A GAL is an attorney who has been appointed to a case involving disputes regarding children. The attorney has special training in family law and child issues and has two main roles: to determine the best interests of the child and to conduct an investigation and report the findings to the court. In simple terms, the GAL is responsible for reporting recommendations for custody arrangements or other areas of family law.

What Does a GAL Do?

As soon as the court appoints a GAL, they will begin to observe the parents and try to understand the issues that exist in the case. In many cases, parenting time arrangements are one of the main points of contention. The GAL will then begin to conduct their investigation by looking into the parents’ lives and backgrounds. To do this, the GAL will conduct interviews with various individuals, including the parents, the child, and other relevant family members. If the GAL deems it necessary, they may also interview other people such as the child’s teachers, doctors, or the family’s neighbors.

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