Illinois divorce attorney, Illinois family lawyer, Illinois parenting time and responsibilities lawyer,Estate planning is not something that the typical American tends to think about very often. This is especially true if you are going through a big change in your life, such as divorce.  During a divorce, you have so many things constantly on your mind, estate planning is probably at the very bottom of your list. While updating your estate planning documents does not have to be your number one priority, it should definitely still be on your list somewhere. Here are a few estate planning documents that you should have in the back of your mind to update after your divorce is finalized:

Wills

If you are filing for a divorce, it is best that you draft an entirely different will, if possible — this is the easiest way to ensure your estate is not given to your ex-spouse upon your death. In the state of Illinois, a will can be revoked by physically destroying it or by having a new will drawn up stating that the prior will has been revoked. If you do not change your will, but you finalize your divorce, Illinois treats the will as if your spouse died before you did. This means you do not necessarily have to change your will, but it is a good idea to make changes as necessary.

Trusts

Under Illinois law, trusts are handled similarly to wills when it comes to divorce. If you named your spouse in a revocable trust or living trust, the sections containing your spouse will become invalid upon the finalization of your divorce. If you have an irrevocable trust, however, the contents of the trust will not change and are unable to be modified.

Power of Attorney

Finally, you will want to make sure you revoke your power of attorney as soon as possible if you named your spouse to act in your place if you are unable to do so. If you do not change your power of attorney and become unable to manage your affairs, your spouse may gain access to your assets.

You will also want to be sure that you remove your spouse from your healthcare proxy if you get a divorce. Not doing so can allow your spouse to make healthcare-related decisions for you if you are unable to do so.

Contact a DuPage County Divorce Attorney for Help

Whether you are in the middle of a divorce or just starting the process, estate planning is something you should keep in mind. The last thing you would want is to forget about your estate planning documents and then have an accident happen that benefitted your spouse. Aurora, IL divorce lawyer Matthew M. Williams has worked on more than 1,000 divorce cases in court and has the knowledge to ensure you have a successful divorce. At the Law Office of Matthew M. Williams, P.C., we can help you make sure all your loose ends are tied before all is said and done. Call our office today at 630-409-8184 to schedule a consultation.

 

Sources:

https://www.thebalance.com/estate-planning-documents-to-update-for-divorce-3993981

https://www.forbes.com/sites/christinefletcher/2018/06/19/8-estate-planning-moves-if-you-are-getting-divorced/#4c2ae22b6419

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Illinois divorce attorney, Illinois family lawyer, Illinois parenting time and responsibilities lawyer,Most people have a long list of questions when they make the decision to get a divorce. By far, one of the most common questions people have before they begin the divorce process is, “How much will my divorce cost?” The answer to that question is not a simple one — there are so many factors that can affect the price tag on your divorce. Some sources report that the cost of divorce can be as low as a couple of hundred dollars, while other sources state a divorce will cost more along the lines of tens of thousands of dollars. Here are a couple of different factors that can affect the cost of your divorce:

The Type of Divorce You Choose

Not surprisingly, the type of divorce you choose can determine how much you ultimately end up paying for your divorce. A do-it-yourself divorce can range from $600 to $1,800, depending on the type of service you use and where you live. Typically, the only costs associated with a DIY divorce are those that come from the service you use and the filing fees. A litigated divorce can range in cost from $15,000 for a straightforward divorce to $200,000 for a divorce that ends up going to trial.

Your Divorce Attorney’s Hourly Rate and Retainer Fee

If you choose to have an attorney help you with your divorce, costs between lawyers may differ. The average attorney’s fees can range from $200 to $500 per hour and most attorneys also require you to pay for a retainer before you begin. The average retainer fee ranges from $3,500 to $10,000, depending on the complexity of your case.

Court Costs and Filing Fees

For the most part, in Illinois, filing fees tend not to differ very much between counties. To file for a dissolution of marriage in DuPage County, it costs $290, though that is not the only filing fee or cost you will have to deal with.

Whether or Not You and Your Spouse are Willing to Work Together

Couples who are more argumentative tend to pay more for their divorces. This is rather obvious because you will be paying more money if you are spending more time coming to an agreement on issues. For example, a couple who has to have five to six negotiation sessions will be paying their lawyer more than a couple who settles the same issue in only two sessions.

A DuPage County Divorce Lawyer Can Help Keep Your Divorce Costs Down

If you are thinking of getting a divorce, there are a couple of different decisions you must make that can affect the cost of your divorce. At the Law Office of Matthew M. Williams, P.C., we can help you discuss your divorce options and determine what your best course of action will be. Our knowledgeable Aurora, IL divorce lawyer will help you make sure your divorce covers everything you need it to, but also that it remains within your budget. Call our office today at 630-409-8184 to schedule a consultation.

Sources:

https://www.fatherly.com/love-money/average-cost-of-divorce-breakdown-lawyers-fees/

https://www.huffpost.com/entry/how-much-does-divorce-cos_n_6143024

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Illinois divorce attorney, Illinois family lawyer,When you are going through a divorce, there are many changes that you will notice. These can range from obvious ones — such as your living arrangements or income — to ones you may not necessarily think about all of the time — like insurance. Insurance is something that you will almost always need, but it is also something people do not necessarily think about. Many people forget about insurance changes when they are going through a divorce because compared to other things you might be dealing with, it may not seem very important — but it is. Taking care of these crucial changes to your insurance policies can save you grief and money in the long run.

Life Insurance

If you have a current life insurance policy, you may need to reevaluate the terms of the policy before you finalize the divorce. As long as there are no ongoing obligations, such as child support or spousal maintenance, you may want to think about removing your ex-spouse as a beneficiary on your insurance policy.

Health Insurance

Health insurance can be tricky to deal with after a divorce. Once your divorce is finalized, you cannot stay on your spouse’s health insurance plan, so you will have to obtain health insurance through a different route. One way is to enroll in health insurance through your employer. Another way is to enroll in health insurance through a private company or through Illinois’ health insurance marketplace. Lastly, as a stepping stone, you can keep the health insurance coverage from your spouse, but pay for it yourself by electing for COBRA coverage. This allows you to buy coverage for up to 36 months.

Car Insurance

Once you determine who is keeping which vehicles, you must then figure out the car insurance situation. You will need to get a new car insurance plan after you finalize the divorce. The best thing to do is to compare insurance policies and prices from a variety of providers, including your current provider. Then, determine which one would be the best fit for you. If you have children who are also of driving age, you should check with your insurance company to find out if your children must be on both you and your ex’s policies, or just one.

Let a DuPage County Divorce Attorney Help You with Your Insurance Matters

There are a thousand and one things that you must worry about when you get a divorce — insurance does not have to be one of them. With help from a knowledgeable Aurora, IL divorce lawyer, you can make sure that all of your financial and insurance needs are taken care of. At the Law Office of Matthew M. Williams, P.C., we understand that a divorce can put a lot on your plate. Let us take some off of your plate — call our office today at 630-409-8184 to schedule a consultation.

 

Source:

https://www.nerdwallet.com/blog/insurance/insurance-after-divorce/?trk_location=ssrp&trk_query=divorce&trk_page=1&trk_position=8

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Illinois divorce attorney, Illinois family lawyer, Illinois parenting time and responsibilities lawyer,There was a time in the United State’s history when most families comprised of a mother, a father and their biological children. Now, the “typical” American family has become somewhat of a thing of the past. With more Americans remarrying and same-sex marriage being legalized throughout the country, the “typical” American family is not so predictable anymore. According to the United States Census Bureau, more than half of American families were divorced and remarried or recoupled in 2010. The Bureau also reported that nearly four million children were living in a blended family or stepfamily in 2010.

Blended families face their own unique challenges and can prove to be difficult for some children to adjust to. Here are a few tips you can use to help ensure the success of your blended family:

Plan Your New Family

Before you do anything, you should try to plan for your remarriage and new family. Talk with your child’s other parent and discuss important issues, such as adjusted parenting time schedules and whether or not child support is still a necessity. You should also talk with your new partner to discuss living arrangements and financial situations.

Discuss New Roles

This can be rather important when you remarry. You should have a conversation with both your new spouse and your ex-spouse to discuss how things will operate in the new family. You should discuss your new spouse’s role as a parent before you begin your new living situations. Before your new spouse can assume a parental role in your family, they must form a bond with your children. It is best if your new spouse acts more as a friend or general caretaker before they act as a disciplinarian.

Do Not Expect Your Children to Adjust Overnight

It would be foolish of you to assume that your children will think of your new spouse as a parent right away. Many children have difficulties adjusting to a step-parent, especially if they have been used to a single-parent household for quite a while or they still have hopes that you and your ex-spouse will get back together. Most of the time, children under the age of 10 adjust better and more quickly to a step-parent, whereas children ages 11-14 tend to have a harder time accepting a step-parent.

Contact a Compassionate Aurora, IL Family Law Attorney Today

It is not uncommon for those who have gotten a divorce to get remarried. If you are planning on remarrying or introducing your new spouse’s children into your child’s life, you should contact a knowledgeable DuPage County family law attorney. At the Law Office of Matthew M. Williams, P.C., we can answer any questions you might have about remarriage, step-parent adoption or how a new marriage will affect issues like child custody and child support. Call our office today at 630-409-8184 to schedule a free consultation.

 

Sources:

https://www.apa.org/helpcenter/stepfamily

https://www.helpguide.org/articles/parenting-family/step-parenting-blended-families.htm/

https://www.census.gov/content/dam/Census/library/publications/2014/demo/p20-572.pdf?#

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