Unfortunately, women tend to be disproportionately impacted financially by a divorce. There are many reasons for this, such as:
Affluent women tend to lose a lot more during a divorce. Women who own a business or co-own a business with their husband, maintain an extensive investment portfolio, or possess other complex assets, my find themselves in a less than ideal financial situation as a result of the divorce. After a divorce, each spouse must manage their own set of bills and expenses. Maintaining the standard of living the couple experienced as a couple often becomes more difficult, if not impossible.
Sometimes husbands make the divorce more challenging than necessary to cause their soon-to-be ex-wife distress. A bitter husband may try to prolong a divorce by taking their time in court so as to increase their soon-to-be ex-wife’s costs and attorney’s fees, subsequently causing the divorce to become more costly. A husband could also attempt to block or prevent his soon-to-be ex-wife from accessing their financial assets and bank accounts. In addition, the husband may attempt to hide or spend marital assets in advance of a divorce so his soon-to-be ex wife gets less than she deserves.
Assets acquired during the marriage become marital property, which the court divides between both parties during the divorce. If you became a business owner during your marriage, the court may give your spouse half the value of your business. As a result, many women feel taken advantage of. A skilled and experienced divorce lawyer can help by developing a strategy focused on your best interests. The lawyers at Women’s Divorce & Family Law Group can offer legal guidance to help you obtain a divorce with as much of your finances intact as possible.
The professionals at the Women’s Divorce & Family Law Group work with many people contemplating a divorce and can work with you too. Call us at (312) 445-8830 or click here to schedule a consultation.
There are many factors to consider when contemplating divorce, and a pre-divorce planning session can help you begin to plan for a divorce. Please contact the professionals at the Women’s Divorce & Family Law Group by calling (312) 585-6604 or clicking here to schedule a consultation.
“When I needed a family lawyer, I trusted the Women’s Divorce & Family Law Group and you can too.” Dr. Debra Thomas – Orthopedic Surgeon – 1988 U.S. Olympic Bronze Medalist”
100 Saunders Rd.
Lake Forest, IL 60045
3333 Warrenville Rd.
Lisle, IL 60532
77 W. Wacker Drive
Chicago, IL 60601
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During these unprecedented times, we want to assure you that our attorneys are ready and available to help you with any of your family law needs. Whether you are inquiring about a divorce, custody, or domestic violence situation, we remain committed to our clients and those in need. Indeed, we have been offering remote and tele/video conferencing to clients for over 6 years and are more than prepared to continue our normal work from our homes.
Please note also that Domestic Violence, which is far more prevalent even during normal times than almost anyone would imagine, may be amplified by the external stressors everyone is experiencing right now. Help is available and Emergency Domestic Violence Court remains open. If you are in danger, call 911 and ask for immediate police assistance. Once you are in a safe place, contact us immediately to discuss your legal options to stabilize the situation.
To reach our attorneys working remotely for any reason, you can use the Contact Form located on our webpage or via our main number during regular business hours at: (312) 445-8830.