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Avoiding Mistakes with 401(k) Distribution in a Divorce By: M. Scott Gordon Anyone who is planning to get divorced in Chicago and has a 401(k) or another type of retirement account should know that these accounts are considered marital assets (under many circumstances) and are subject to division under the Illinois Marriage and Dissolution of […]

How Do Courts Consider Child Expenses and Expenditures When Calculating Child Support Obligations? By: M. Scott Gordon Now that the state of Illinois uses the income shares model for child support, both parents have a duty to contribute to the costs of childrearing. Rather than only one parent (typically the non-custodial parent) paying child support […]

Can Divorce Affect Your Physical Health? By: M. Scott Gordon Getting divorced often affects the emotional or psychological health of the parties involved, from the spouses who are filing for divorce to children from the marriage. But can divorce in Chicago also have an impact on your physical health? According to a recent study reported […]

The Long-Term Financial Impact of Divorce in Illinois For many people, retirement represents decades of careful planning, disciplined saving, and the hope of financial security later in life. When a marriage ends, however, those carefully developed retirement plans often need to be completely reevaluated. Dividing one household into two can significantly affect retirement savings, future […]