Monthly Archives: May 2023
Their Divorce Cost What?! Divorce Sticker Shock And Tips For Keeping Your Divorce Costs Down
In early May, People magazine came out with one of its most eye-catching headlines yet this year, “The Most Expensive (and Explosive) Celebrity Divorces of All Time.” Indeed, something about the process and outcome of the extreme division of wealth, interesting personal assets, sometimes-petty fights, and alluring gossip makes celebrity divorces just more interesting… Read More »
Is “Working Moms Doing It All” The New Leading Cause Of Divorce? Divorce Lawyer Shares Theory On TikTok
A New York divorce lawyer is going viral after sharing his views about modern divorce on social media mega-platform TikTok. As the Today Show reports, New York divorce lawyer Dennis R. Vetrano, Jr., recently posted a video on TikTok about what he believes to be a new “major theme” in the divorce industry, despite… Read More »
NBC Chicago Report Reveals 4 Signs Of Divorce, Claims Signs Predict Whether Couple Will Divorce With 90% Accuracy
Many people probably wish that they had a crystal ball to predict whether or not their marriage will truly end in a fairytale ending, or whether it will end in separation and divorce. Indeed, the truth is that no one can really know with total certainty whether their marriage will work out or not… Read More »
Tennessee Joins Illinois, Other States, Considers “Well Being” Of Pets In Pet Custody Cases
One of the hardest things about the divorce process is the separation of the parties into different households, and with that the determination of who and where children and pets will live. Child custody is one of the hardest-fought issues in the divorce process, because who a child lives with and who will make… Read More »
What Every Chicagoan Should Know About Protecting Your Assets During The Chicago Divorce Process
One of the toughest parts about the Chicago divorce process is dealing with the anxiety of a potential financial fallout post-divorce. In the Chicago divorce process, divorcing couples must determine critical financial issues, such as the division of assets and properties, the divvying out of debts in the marriage, who-gets-what when it comes to… Read More »
Minding Your Business – Why A Prenuptial Agreement May Make Sense When You Own Your Own Company In Chicago
When most couples get engaged, the last thing that they think about is what their potential divorce will look like. In the throes of being newly engaged and enjoying time as fiancés, most couples look towards planning their nuptials and honeymoon, not the end of their marriage and a division of their lives. However,… Read More »
What Is Asset Tracing And Do You Need It In Your Chicago Divorce?
When two people get divorced there is no doubt that a conversation – or an all-out fight – has to happen regarding who gets what when it comes to property and assets. In high net worth divorces, that is divorces where there are assets and properties in the millions of dollars at issue, the… Read More »
1990’s Icon Recounts Child Custody Battle After Famous Film, Lost Custody Of Young Son
When we think about celebrities in the limelight who have skyrocketed to fame and success due to their roles on screen, we rarely stop to think about what might happen behind the proverbial curtain. The truth is that even Hollywood actors may face turmoil and hardships when it comes to getting a divorce, and… Read More »
New Beginnings The Legal Implications of Remarriage versus Cohabitation
Molshree “Molly” A. Sharma is a partner at Birnbaum Gelfman Sharma & Arnoux. She handles complicated family law matters that require high-level financial experience with assets in real estate, investment accounts, business valuations, tax, and retirement benefits. Please read her article New Beginnings The Legal Implications of Remarriage versus Cohabitation published in Family… Read More »
Data Shows Women Financially More Vulnerable In Gray Divorces
Divorce is not just something that younger couples, or new couples do. The reality is that in Chicago, and throughout the rest of the United States, couples divorce at any age, even in long term marriages, and even into or nearing their golden years. However, in gray divorces, certain factors may contribute to unforeseen… Read More »
