Blog
Law Office of Vincent C. Machroli, P.C.
High Point Plaza, 4415 West Harrison Street, Suite 213, Hillside, IL 60162
High Point Plaza, 4415 West Harrison Street, Suite 213
Hillside, IL 60162

CALL TODAY FOR A FREE CONSULTATION

708-449-7404

Subscribe to this list via RSS Blog posts tagged in Hillside Family Law Attorney

Oak Park IL family law attorneyIn today's world, there is no such thing as an "average" family. Years ago, the traditional mother, father, and baby set-up was the norm, but nowadays, things are much different. According to the 2018 American Community Survey conducted by the Census Bureau, more than 6 million people lived in a household with a child who is not biologically related to them, including in a stepfamily. One reason for this is that many people who get divorced end up getting remarried, which often creates blended families, bringing children from prior marriages together in one household.

One question that may go through any stepparent's mind is whether they can adopt their stepchild. While there is definitely a legal way to adopt a stepchild, it can be a somewhat complicated process. There are many details pertaining to the adoption process that you will have to understand and address before you are able to adopt your stepchild.

Determining Adoption Eligibility

Before you can adopt your stepchild, you must be sure that you actually qualify to adopt him or her. In Illinois, adopting a stepchild requires:

...

Oak Park IL divorce lawyerIf one were to ask, say, 10 married couples if they have ever hidden any type of financial information from each other, how many do you think would say that they have? Chances are, there would be a good number of them that answer, “yes.” According to a new survey from CreditCards.com, around 40 percent of respondents of all ages who are currently in serious relationships admitted that they were actively hiding a credit card, checking or savings account from their partner. Financial infidelity is common in marriages, but it can come back to haunt the guilty party during their divorce. A partner who commits financial infidelity during a marriage is also likely to affect the financial aspects of the divorce.

What is Financial Infidelity?

There are various definitions of “financial infidelity,” but most commonly it refers to any type of lying or deception about money matters between romantic partners who have combined finances. Many actions and behaviors can qualify as financial infidelity, and all of them can have a significant impact on their partner’s financial situation. Examples of actions that can be considered financial infidelity include:

  • Hiding debts that you currently owe

    ...

Oak Park IL divorce attorneyOne of the first questions most people have when they find themselves beginning to look into the possibility of divorce is how much the divorce process will cost. One of the well-known facts about divorce is that it is not cheap. According to a recent article in USA Today, the average cost of a divorce ranges from $8,400 to $17,500, when all factors are accounted for, so clearly, there is no one price tag that you can put on every divorce. The actual final cost of your divorce will end up being based on a variety of factors, with one of the biggest factors being the cost of your divorce lawyer.

Factors Affecting the Cost of a Divorce

One of the basic factors that affects the cost of a divorce is simply where you live. In states and cities with higher costs of living, the cost of getting a divorce is likely to be higher. In states that have a lower-than-average cost of living, the cost of getting a divorce is also likely to be lower. Some of the other factors that can affect the cost of your divorce include:

  • Your attorney’s hourly fees. One of the biggest contributors to the cost will be the amount you pay to your attorney. The majority of people who get divorced hire a lawyer, as they can assist you greatly throughout the process. USA Today reported recently that the average rate for a divorce lawyer is $270 per hour.

    ...

Hillside prenup attorney enforceabilityUncertainty about the future can leave many engaged couples nervous about their marriage, and they may wonder whether getting married is the next best step. Fortunately, a prenuptial agreement can be a good option to make use of for any couple intending to get married. While they may have previously been reserved for the rich and famous, prenuptial agreements have become more and more common as couples have opted to get married later in life with more financial assets to bring into their marriage. It is always advisable to sign a prenuptial agreement before walking down the aisle, since this legal agreement can help alleviate any concerns that may arise regarding the possibility of divorce. Prenups can save you a great deal of time and protect you from emotional turmoil in the future, but only if all of the terms are valid and enforceable. You should be aware of certain problems that could make your prenuptial agreement invalid, including the following:

The Prenup Is Fraudulent

Spouses may attempt to conceal or undervalue their assets to keep them out of the property division process in a potential divorce. However, it is required that each spouse fully disclose his or her assets before signing a prenuptial agreement. If it is found that a spouse did not fully disclose their assets or financial information, a prenup can be deemed invalid by a court. 

The Prenup Was Not Drafted Properly

Some couples may attempt to use online forms to create a prenup without the help of an attorney. This is never advisable, since it is easy for essential steps to be missed without a professional’s eye for detail and understanding of the legal issues that must be addressed. If your prenup was not drafted properly, and there is necessary language which is missing, it may not be enforceable.

...

Oak Park family law attorney prenuptial agreement

The idea of signing a prenuptial agreement (prenup) is often thought to be a taboo topic to bring up with your spouse or loved one. Some people may think that wanting a prenup is a sign that you do not trust your soon-to-be spouse, or that you do not see the marriage lasting. While these perceived negatives do exist with regard to prenups, many millennials are still deciding to enter into this legal document. In the past, many couples got married right out of high school or college, with little or no savings or income, and also filing for divorce was considered giving up too easily. But times have changed, and so have views regarding marriage. With many couples waiting to get married until they are in their 30s or even 40s, such individuals often have many more assets to bring into a marriage, making them want to consider entering into a prenuptial agreement.

A Financial Gap

The most common reason that you may have heard of prenuptial agreements is that many celebrities enter into them to protect their assets in case of divorce. While not everyone is a rich and famous celebrity, it is fairly common for individuals to come into a marriage with very different financial situations. One spouse may have a large sum of money in savings, or perhaps he or she received an inheritance from a family member, while his or her partner is not as financially fortunate. Upon getting married without a prenup addressing this kind of a large asset difference, oftentimes most assets will then be considered marital. This could mean that your spouse might be able to receive a portion of your money in the event a divorce occurs. However, if you address this asset gap before the marriage in a prenup, your savings are more likely to be protected and reserved for you.

...
Illinois State Bar Association LAW QA Verified DuPage County Bar Association American Bar Association Highly Recommended by Locals On Alignable Martindale-Hubbell Gold Client 2018 AVVO Will County Bar Association Vincent C. Machroli & Associates, P.C. BBB Business Review
Back to Top