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banukumar.s@thomsonreuters.com

How Will Retirement Funds Be Divided in an Illinois Divorce?

Nowadays, there are numerous ways that the average citizen can plan for their retirement. You could have a 401K, an IRA, and/or a pension fund. These might even become the source of serious debate during divorce proceedings. When a couple first gets married, they are...

What Happens to My Pet in an Illinois Divorce?

Most people are familiar with the usual issues that need to be settled in a divorce: Who will get to keep the family home? How will custody of the children be divided? What will happen with retirement funds and insurance policies? But something that is less commonly...

Am I Guilty of Domestic Abuse in a Divorce Case?

You and your partner have been arguing for quite some time. Sometimes the arguments can get ugly and turn physical. After too many quarrels, you are ready for a divorce. As you experience this process, you may be wondering if your spouse will claim that you are...

7 Things to Do When Challenging a Business Valuation in a Divorce

Have you ever wondered how a business will be valued when going through a divorce? The total value of the business will determine what you and your spouse receive in the divorce settlement. If you disagree with the results of a business valuation, you can challenge...

What to Do When Your Spouse Threatens Divorce: A Practical Guide

When your spouse threatens to file for divorce, the situation can be tense and emotionally draining. At NextLevel Law Firm, we understand the importance of protecting your rights and interests during this challenging time. In this guide, we will provide you with...

Understanding Business Valuations in an Illinois Divorce

Divorce is a complex and emotionally challenging time for anyone involved. When business assets are at stake, understanding the process of business valuation becomes crucial for ensuring a fair division of assets in compliance with Chicago, Illinois law. Whether you...

Contesting Prenuptial Agreements in Chicago

A prenuptial agreement, commonly known as a prenup, is a legal document created by couples prior to their marriage. Its primary purpose is to establish clear guidelines regarding the division of assets, spousal support, and various financial matters in the unfortunate...

Chicago Divorce: Navigating Spousal Maintenance

When going through a divorce, one issue that often arises is the question of spousal maintenance, also known as alimony. In Illinois, spousal maintenance is governed by the Illinois Marriage and Dissolution of Marriage Act. If you're going through a divorce in Cook...

Same-Sex Marriage in Chicago and the United States

Same-sex marriage has become an important issue across the United States, with federal and state courts ruling on its constitutionality. In Illinois, gay marriage was legalized in 2014, granting same-sex couples the same legal rights as opposite-sex couples. At...