
Illinois Family Law Insider
All about navigating Family Law in Illinois — your trusted source for expert answers on divorce, child custody, support calculations, and all family legal matters. Each episode features Managing Partner Katie Vandeusen having meaningful conversations with our seasoned attorneys who break down complex issues into practical guidance.
We exclusively focus on Illinois family law, translating complicated statutes and procedures into clear, actionable information. Our discussions address the real concerns faced by Illinois families, providing insights whether you're in the midst of a legal situation or simply want to understand your rights.
At Sterling Lawyers, we believe knowledge empowers better decisions during life's most challenging transitions. Subscribe to "Illinois Family Law Insider" to gain valuable perspective from attorneys who dedicate their practice to supporting Illinois families every day.
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Illinois Family Law Insider
What Are the Top Money Issues in Illinois Divorce? - #7
Confused about how finances work in an Illinois divorce? In this Illinois Family Law Insider episode, Sterling Hughes Managing Partner Katie VanDeusen sits down with Partner Nina Kelley to break down the key financial issues you'll face. They dispel common misconceptions about this critical aspect of divorce. Unlike some states with automatic 50/50 divisions, Illinois takes an "equitable" approach that's more nuanced.
We explore:
- How all assets and debts acquired during marriage are typically considered "marital property" - even when kept in separate accounts
- The real impact of infidelity on financial settlements
- Why inheritance and gifts need special handling to remain protected as non-marital property
- How judges calculate support using formulas based on income from ALL sources
Listen in for practical insights on financial misconceptions that could cost you thousands, including the crucial difference between separate accounts and truly separate property - a distinction that surprises many divorce clients.