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Posted on in Divorce

post divorce check listOnce a divorce is granted, there are still many things a person has to do to ensure all official and/or legal connections with their now ex-spouse are taken care of.  The divorce decree ends your marriage, but you still need to make contact with various entities to ensure that your ex-spouse no longer has access or benefit of things to which they are no longer entitled.

The best way to do this is to make a list of the particulars you will have to change. Some of the items that may be on your task list include:

  1. All testamentary documents that you have drafted will need to be updated. Make sure you change the beneficiaries on any will and trusts you have, otherwise your ex-spouse would still be able to inherit your assets and property if something should happen to you.
  2. If there are any other entities where your spouse is named beneficiary, those should be changed as well. You will want to remove your ex-spouse as a beneficiary from insurance policies, bank and stock accounts, and any other financial accounts you may have. The only time this should not be done is if the divorce settlement says differently. For example, if you are paying spousal support, the judge may have ordered you to keep your spouse as a beneficiary on a life insurance policy for the duration of your alimony obligation. There may also need to be changes made to retirement accounts, such as a partial roll over into one spouse’s name, depending on the divorce settlement.
  3. If your divorce settlement included an exchange of real estate between the two of you, then you will need to have quit claim deeds recorded. There may also need to be mortgage refinancing that needs to be done to remove the other spouse from financial obligation of the property, again depending on what the final divorce settlement reads.
  4. If there are any joint utility bills, such as electric, water, and telephone, those will also have to be changed into the name of the spouse that will be living in the home.

If you are considering a divorce and are looking for an experienced Arlington Heights family law attorney, contact A. Traub and Associates for a consultation today.

retirement age marriageStatistics show that gray divorce – divorce for people who are 50 years old or older – has doubled since 1990. 60 percent who will decide to give marriage a second try will not have any better luck than they did the first time.

Legal and financial advisers say there are steps that older couples can take to help their chances of having a successful marriage the second time around, including communication and a prenuptial agreement.

Especially of concern for people who are close to or already retired are finances. According to some studies, the majority of couples who are engaged fail to discuss their present and future financial situations with each other before they are married. Communication before marriage is essential. This can be especially critical for older people who have been saving all their lives for retirement, only to find out their new spouse has serious financial obligations they knew nothing about.

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Posted on in Divorce

divorce, reason for divorce, relationships, cause of divorce, marriage, Illinois divorce lawyerDivorce is a common peril for almost 50 percent of all American couples. When we hear about a recent "conscious uncoupling" we assume the wife is responsible for placing the call to an experienced divorce attorney. Our assumption would have been correct.

According to the Centers for Disease Control, National Center for Health Statistics, 65 percent of all divorce proceedings are initiated by the wife. In states such as Illinois, when introducing no-fault divorce, rates jumped as high as 70 percent. If we learned anything from John Gray's, Men Are From Mars and Women Are From Venus, we are quite aware that there are fundamental differences between women and men. Women tend to view things at a more emotional level and perhaps the following, offered by Willard F. Harley, Jr., Ph.D. can categorize the feelings behind a woman's decision to dissolve her marriage: "I hurt all the time because I feel alone and abandoned."

"My husband is no longer my friend."

"The only time my husband pays attention to me is when he wants sex."

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