Karen A. Covy, J.D. is a divorce attorney and family law mediator in Chicago Illinois . She is the author of When Happily Ever After Ends, How to Survive Your Divorce Emotionally, Financially and Legally.
Financial Issues
WATCH: How is property divided between two spouses in a divorce in Ontario?
Brahm Siegel is a partner in the law firm of Nathens Siegel, a Toronto firm that restricts its practice to divorce and family-law issues. He is the consulting editor of the McCarthy Tetrault Guide to the Family Courts.
WATCH: What is the matrimonial home and how is it divided in a divorce?
Barbara Kristanic is a partner in the law firm of Nathens Siegel, a Toronto firm that restricts its practice to divorce and family-law issues. Barbara has extensive experience in all aspects of family law including: custody, access, support and property division.
What if we owe more than the value of our house that’s in foreclosure?
My spouse and I own a home that’s in foreclosure and we owe more money than the house is worth. We’re divorcing, and I’m wondering if I’m going to be responsible for 50% of the difference between what the house sells for and what we owe, or if that all goes away due to the foreclosure?
What should I do if I suspect my spouse is hiding assets?
I think my spouse is hiding assets. Where should I start my search to see if my beliefs are true?
Can equitable distribution or support be modified if one spouse owns a business?
Where one party owns a business, can an equitable distribution or support award be modified?
How Can I Minimize The Financial And Emotional Pain Of Divorce?
The best way to minimize the financial and emotional pain of a divorce is to try to separate the emotional issues from the business issues associated with dividing your estate. While this is often difficult to do in most cases when the parties focus on the needs of the children and the typical schedule that […]
What will a judge look at in the division of our marital property?
Lisa Owen, a family lawyer in Marietta, answers: The judge or jury has broad discretion in determining how to divide marital property. Although a common misconception, the judge or jury is not required to divide marital property 50/50. The judge or jury can look at all relevant factors when dividing marital property, including, but not […]
Does New Jersey still have alimony?
Joseph Cadicina, a family lawyer in Morristown, answers: There has been much discussion and attempts to modify the alimony statute in New Jersey. In fact, the New Jersey Legislature recently proposed bills in both houses: the assembly proposed Assembly Bill number A3909 and the senate proposed Senate Bill 82750. The proposed bills were intended to […]
Will the new pension laws in Illinois influence my divorce?
Tina Abramovitch, a family lawyer in Chicago, answers: In December 2013, Illinois lawmakers approved legislation designed to remedy the underfunded pension system that has contributed to the State of Illinois’ debt problem. This new legislation is to take effect in June 2014, but pending lawsuits may delay the commencement. Multiple groups have filed class action […]
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