Author Archives: Law Office of Fedor Kozlov, P.C.
Divorce, Finances, and Children
A divorce may be a relief to some and a nightmare for others. However, during the process, spouses who don’t have children may not go through as much pain as those who are parents. Besides the emotional pain, deciding how assets will be divided and how much child support should be allocated can take… Read More »
Getting A Divorce After A Long Marriage and How it Affects Spousal Maintenance In Illinois
A bad marriage is like a bad investment. Rather than staying in one and trying to make it work, you should consider cutting your losses as soon as possible. The alternative is prolonged pain and suffering your family does not deserve. If you believe your marriage is headed towards a breakdown – despite spending… Read More »
Financial Infidelity in a Divorce Law
Infidelity in a marriage can mean more than a cheating spouse. Your partner may also be lying about his/her financial accounts or debt. In some cases, the betrayal can be serious enough to lead to a divorce. This is known as financial infidelity and your ex can be held liable if proven in an… Read More »
How to Relocate With a Minor Child
If you are divorced and are thinking of accepting a job offer in another state, you may need to get court approval before relocating there with your children, according to Section 609.2 of the Illinois Marriage And Dissolution Of Marriage Act. However, if you are the custodial parent, you may not require court approval… Read More »
When Determining Child Support, Are Gifts and Loans Considered Income?
Illinois’s child supports laws are strict when it comes to determining net income because courts base it on ‘all income from all sources.’ However, if you are a non-custodial parent and want to give your child a present or take care of student loans for them, how does this affect child support? Are Gifts… Read More »
Reasons to Go Back to Court Post-Divorce/Judgment
A divorce can leave emotional devastation in its wake, but your troubles should stop after the proceedings are complete. However, if the settlement is not in your best interests or your circumstances change after it has been finalized, updating the settlement is a good idea. At that point, you will need to return to… Read More »
Do You Need Protected Parenting Time With Your Children?
As a non-custodial parent, your visits to your children are restricted. If your actions have had a negative impact on your children’s physical and emotional health, the court can place greater restrictions. Generally, visitation is not set in a joint or sole custody situation unless a child’s welfare is at stake. In Illinois, courts… Read More »
How Family Mediation Can Help You During Your Divorce Proceedings
A divorce can be emotionally devastating for a family. During this time, figuring out who gets what in the settlement is the last thing on anyone’s mind. However, delaying those critical decisions can lead to more heartache and fights in the future. This is where a family mediator can prove invaluable. What Is Family… Read More »
Thinking of Remarrying? Consider Your Current Divorce Settlement and Other Financial Matters
In case of a divorce, Illinois will award alimony or spousal support to a spouse who is financially dependent or who cannot support himself/herself after the separation. Even though this can be maintained indefinitely, a drastic change in circumstances can merit modifications to the original agreement. One of the most common changes includes remarriage… Read More »
Evaluation of Business Assets and Commercial Holdings in a Divorce
If own a business and are going through divorce proceedings, the business can be considered a marital asset and split accordingly. However, allocating a fixed monetary value to an enterprise or commercial holdings is challenging. To divide these fairly, the court needs evidence of their existence and how much the business is worth. There… Read More »