Marital Property

Tax Planning Post-Divorce: Navigating Financial Waters

Tax Planning Post-Divorce: Navigating Financial Waters Bruckner Hernandez Legal Solutions

The culmination of a divorce often brings relief, but it also introduces a new set of challenges: tax planning post-divorce. Ensuring a smooth transition, particularly in the financial domain, requires understanding and planning around the tax implications that arise after finalizing a divorce. Understanding Tax Implications: Why It’s Crucial Post-divorce, your financial status undergoes a …

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Division of Business: Secure Your Assets During an Illinois Divorce

Division of Business: Secure Your Assets During an Illinois Divorce Bruckner Hernandez Legal Solutions, LLC

For couples that work together, they face unique legal challenges pertaining to the division of business during the Illinois divorce process. Oftentimes, this occurs when the divorcing couple owns a business together. Alternatively, one spouse may own the business prior to marriage. Similar to other aspects of the divorce process, the priority falls on preserving …

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No-Fault Divorce: Understanding Divorce Requirements in the State of Illinois

No-Fault Divorce

While some states assess blame, Illinois mandates no-fault divorce.  However, many Illinois residents believe their issues hold legal influence. For instance, one spouse may blame another for an affair. In another example, spouses commonly cite emotional and physical abuse. Despite the accusation, Illinois’ “no-fault” status does not consider these issues to be legal grounds for …

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