The Law Office of Matthew M. Williams, P.C.

630-409-8184

1444 North Farnsworth Avenue, Suite 307, Aurora, IL 60505

Yorkville Office By Appointment

Initial Consultations via ZOOM Available

North Aurora divorce attorney

If you are going through something as complex and stressful as a divorce, there are so many issues you must come to an agreement with your spouse to settle, such as how you will divide your property, what your parenting time schedule will look like, and whether or not you will receive spousal support. Something like your tax obligation to the government is likely not even an item that is on your list of concerns, but it is something that should be on your radar. There are certain things that you should be aware of before you go to file your taxes for the first time after your divorce

Which Status Should You Use?

When you are married, you have the option of filing your income tax returns jointly or separately, though the vast majority of couples who can file jointly do so. The filing status that you use depends on when your divorce was finalized. If your divorce was finalized on or before December 31, then you are considered to have been unmarried for the entire year and you cannot file a joint tax return. However, if your divorce extended into the next year, you were considered to be married for the entire tax year.

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Kane County divorce attorney asset division

When you and your spouse make the decision that it is time for you to get a divorce, you will then have to decide how you want to go about obtaining a divorce. In most situations, both you and your spouse will each hire your own divorce attorneys to provide you with legal advice and help you negotiate a fair divorce settlement. Getting a divorce could likely be one of the most significant financial events of your life because the decisions that you make during your divorce could end up impacting your life for years to come. While your divorce lawyer can help you determine an equitable settlement, they may recommend that you hire a certified divorce financial analyst (CDFA) to ensure you understand the entire financial implications of your divorce.

What Is a CDFA?

A CDFA is a professional who helps both the divorcee and the divorcee’s attorney understand how certain financial decisions made during the divorce would affect the divorcee’s financial health in the future. A CDFA is typically someone who has a background in financial planning, accounting, or legal background, but to become a certified CDFA, he or she must undergo extensive training. A CDFA may also:

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Oswego military divorce attorney

Being a military spouse is no easy task. Depending on your spouse’s position in the military, he or she may have served time overseas, leaving you to run the household on your own for months at a time. All of the stress and uncertainty that the military life can bring can begin to take a toll on your marriage after a while. The most common question military spouses have when they file for a divorce is, “Will I get to keep my benefits?” These benefits include things such as access to the military base and its facilities, the base commissary and exchange, and eligibility for Tricare, which is healthcare available only to military members and their dependents. If you are a military spouse and you are thinking about getting a divorce, an Illinois divorce attorney will be able to help you figure out what benefits you may be eligible for after a divorce.

Understanding the 20/20/20 Rule

In some cases, if you are divorcing a spouse who was or is in the military, you may be eligible and entitled to certain benefits if you meet the right criteria. Over the years, there have been various rules that have been created to protect the rights of service members while also protecting the rights of their family members. One such rule has been dubbed the “20/20/20 rule.”

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DuPage County divorce attorney

When you first tie the knot, you have this idea of living happily ever after with your new spouse and that a good marriage will come easily and naturally. What many people do not realize, however, is that a strong and happy marriage is the result of years of communication, trust, and a lot of growth. There are arguments and conflict in every relationship; it is not necessarily conflict itself that is the marker of a marriage that will end in divorce. Conflict can be healthy because it can help ensure both you and your spouse’s needs are being met, but that conflict has to be dealt with in a healthy way. Psychologists say that there are four specific behaviors that take place in a matrimonial union that together can be a telltale sign of a broken marriage that is headed toward divorce. 

Criticism

This refers to the act of attacking your spouse’s character, rather than giving him or her feedback on something he or she did that you did not like. For example, your spouse might have a habit of leaving damp towels laying on the floor after showering. Asking, “Why are you so lazy?” rather than telling him or her that it bothers you and asking him or her to hang them up to dry instead is an example of criticism. Calling your spouse lazy is attacking his or her character and not his or her behavior. This can lead to deeper feelings of resentment and contempt, which is one of the four signs that a divorce is imminent. 

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Yorkville divorce attorney

Getting a divorce can seem like you are on an emotionally fueled rollercoaster. One moment you and your soon-to-be ex-spouse are in an ugly argument and you are full of anger and the next thing you know, you are remembering all of the memories you made together and the family you created and you are filled with a sense of grief. It is normal to feel a wide range of emotions during the divorce process, but maintaining a sense of stability is important when working toward a healthy divorce. It is not impossible to have a minimally contentious and agreeable divorce, but there are steps that you can take to make sure your divorce is as healthy as possible. 

Begin the Process With a Negotiating Mindset

Throughout the divorce process, there will be many decisions that will need to be made. You and your soon-to-be ex-spouse will have to determine who will keep the family home or how you will divide the value of it and other assets, what you will do with your retirement accounts, how you will construct your parenting plan, whether or not you will receive spousal maintenance payments, and the list goes on. You should be prepared to greet each and every one of these decisions with an open mind and a willingness to cooperate.

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The Law Office of Matthew M. Williams, P.C.

630-409-8184

1444 North Farnsworth Avenue, Suite 307, Aurora, IL 60505

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