Author Archives: Law Office of Fedor Kozlov, P.C.
Who Gets The Increase In Value Of A Business During Divorce?
A business is often one of the most disputed assets in a Schaumburg divorce, especially if it existed before the marriage but grew in value during the marriage. The spouse who started the business may feel that all of the increased value should stay with them. The other spouse may feel that their years… Read More »
Can I Get Credit For Paying The Mortgage With Separate Funds?
Paying the mortgage with money you consider separate property does not automatically mean you will receive dollar-for-dollar credit in a Schaumburg divorce. The answer depends on where the money came from, whether it can still be traced, whether the home is marital or non-marital property, and whether the payment is legally treated as a… Read More »
What Should I Never Do After My Spouse Asks For A Divorce?
When a spouse asks for a divorce, it is normal to feel angry, scared, or shocked, and to want to react right away. But acting on that first impulse can lead to legal problems that last much longer than the initial shock. I often see divorce cases in Schaumburg get harder because someone made… Read More »
Can I Freeze Marital Assets During An Illinois Divorce?
If you find out that your spouse is moving money, selling property, draining accounts, or transferring assets during a divorce, it is natural to be worried. You may want to stop these actions before marital property disappears or becomes hard to recover. Illinois law allows you to ask the court for help if there… Read More »
What Role Does A Guardian Ad Litem Play In A High-Conflict Illinois Divorce?
When parents in a Schaumburg divorce cannot agree about their children, this part of the case can be especially challenging. Each parent may truly believe their own parenting plan is best, but they might have very different stories about what happens in each home. If there are concerns like parenting interference, substance abuse, domestic… Read More »
When Can A Vocational Expert Become Important In An Illinois Divorce?
Income is often one of the most debated topics in Schaumburg divorce cases, especially when one spouse says they are unemployed, underemployed, unable to work, or can only earn much less than the other spouse thinks. These disagreements can have a direct impact on maintenance, child support, settlement talks, and the overall financial result…. Read More »
What Role Do Financial Experts Play In A High-Asset Illinois Divorce?
High-asset divorces in Schaumburg often raise financial questions that go well beyond deciding who keeps the house or how to split a bank account. Business interests, investments, real estate, executive pay, retirement benefits, trusts, stock options, and complex income can make it hard to figure out the true value of the marital estate. Sometimes,… Read More »
When Are Depositions Used In An Illinois Divorce Case?
In many Illinois divorces, issues can be settled through financial disclosures, written discovery, negotiation, mediation, or court conferences, so a deposition is not always needed. But in more complex or disputed cases, depositions can be a valuable way to find out what the other side or a key witness will say before trial. During… Read More »
How Does Discovery Work In A Complex Illinois Divorce?
Discovery is often a key part of a complex Schaumburg divorce because a fair outcome relies on having accurate details about finances, property, income, debts, businesses, and any issues involving children. In cases with significant assets, complicated pay structures, private businesses, investments, real estate, or parenting disagreements, it can be hard to get all… Read More »
What Happens When One Spouse Refuses To Provide Financial Records In An Illinois Divorce?
Financial disclosure is a key part of any Schaumburg divorce. The court needs accurate information about each spouse’s finances to fairly decide issues like property, debt, maintenance, and child support. Problems can come up if one spouse refuses to provide bank statements, tax returns, business records, investment statements, pay stubs, or other requested documents…. Read More »