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Common Complications in Chicago Area Asset Division By: Gordon & Perlut, LLC Dividing marital assets in a Chicago area divorce can be overly complicated in certain circumstances. In all divorce cases, the Illinois Marriage and Dissolution of Marriage Act (IMDMA) governs issues of property division. Under Illinois law, during a divorce property is divided according […]

5 Things to Know About Planning for Retirement After Divorce By: Gordon & Perlut, LLC Planning for retirement after a divorce can be incredibly complicated, particularly if you are approaching the age of retirement. For most married couples, divorce will result in short-term financial difficulties, but most parties are able to recover over time. Financial […]

Getting Divorced After a Long-Term Marriage: Things to Consider By: Gordon & Perlut, LLC If you have been married to your spouse for decades and you are now considering divorce, you are likely to encounter distinct issues that parties who have been married for a much shorter time will not need to take into account. […]

Study Addresses Long-Term Effect of Divorce on Kids By: Gordon & Perlut, LLC Does divorce have long-term effects on children, even once those kids reach adulthood? According to a recent study conducted by researchers at Baylor University, individuals who were in their childhood when their parents were divorced showed lower levels of oxytocin, often referred […]