What Is Involved in an Illinois Divorce Settlement?

 Posted on September 20, 2023 in Divorce

The term “divorce” has been commonly used for many years, but people who have never been divorced may not be aware of all the issues that need to be settled when you are going through one. If you are like the majority of Americans and you have not thoroughly studied the law, you might likely find yourself in a confusing situation. 

If you and your spouse are considering a divorce, please consider speaking with an experienced Arlington Heights, IL divorce attorney who can explain all the aspects of a divorce settlement in detail, including how they might apply to you.

What Issues Need to Be Settled during Divorce?

When a couple decides to legally end their marriage, the process can take some time to complete. The reason for this is that many aspects of their lives were legally bound, and now they need to agree on how to split those up. When children are involved, divorce can be even more complicated. 

When settling a divorce, a couple needs to make concrete decisions about how they will deal with the following before the court will finalize anything:

• Parental responsibilities and a parenting plan

• This includes parenting time (which used to be called visitation), decision-making authority (which used to be called custody), arrangements for how the children of this family will be transported between their parents, and other issues such as childcare and homework agreements.

• The terms of any prenuptial or postnuptial agreements

• Division of assets

• This includes the division of any savings, debts, and retirement assets

• Child support

• Spousal support (which used to be called alimony)

When an agreement on all the above issues has been formulated, the agreement is then submitted to a judge to be approved. The judge needs to ensure that the agreement is legal and can be enforced. If so, the “prove up”, otherwise known as the final decree, will be given. This “prove up” will contain all the contents of the already-agreed-upon settlement. 

Contact an Arlington Heights, IL Divorce Lawyer Today

If you and your spouse believe you have reached a point where the only way forward is divorce, you may find yourself wondering what exactly you will need to figure out, and how you will do so. This is exactly where an experienced Arlington Heights, IL divorce attorney can help guide you through the entire legal process and advocate aggressively on behalf of you and your rights. Call A. Traub & Associates at 847-749-4182 today so you can feel reassured that favorable outcomes are possible.