High end divorces can provides guideance on how to approach the financial aspects of your divorce in Chicago.
In 1868 the New York Times published two hysterical posts on Chicago’s divorce rate and what this meant for Chicago’s future. I put Chicago’s 1868 divorce rate in perspective by comparing it to Chicago’s current divorce rate and with the divorce rate for countries around the world.
Time may pass, but people don’t change. Check out the scandalous yet surprisingly modern Burch divorce from the 1860s. Things were not necessarily better or more proper back in the day.
Apart from the lurid accusations the spouses leveled against each other, the public’s fascination is surpassingly modern.
Former Chicago Board of Trade Chairman Patrick Arbor, who once bragged that his “record is impeccable and [he] has a good reputation”, has fled to Europe rather than deal with his divorce in Chicago.
One of the issues that arose during the divorce proceeding was Mr. Arbor’s failure to pay U.S. taxes on his off-shore accounts.
The complex situation of a divorce is never easy, and most couples will seek out a legal firm that can help them reduce the anxiety and stress that naturally result. A divorce involves the litigation process, the dividing of assets and taxation of investments. While a divorce attorney may specialize in both out-of-court settlements and lawsuits when necessary, a CPA’s assistance is often necessary for the proper dividing of substantial assets and issues related to taxation. Those who are in a divorce that will involve substantial assets and taxation issues should seriously consider working with a CPA.
Maintaining happiness (or some semblance of it) through your divorce might not be as difficult as you think. According to scientists, the following things make us happy:
- Virtues: Our sense of wisdom, justice, compassion for others,
- Gratitude: Appreciating what we have and expressing it to ourselves and others,
- Savoring: Enjoying the moment and taking time to smell the roses,
- Engagement: Being in our activities for the experience of it (“being in the zone”),
- Living a meaningful life: Doing things for others and helping others.
If you are divorcing in Chicago, you can find an amazing amount of crucial information about your divorce without lawyers or private investigators. Here are a few websites that you should know about:
My friend, Russell Knight, has opened up a solo general practice. He is both a divorce lawyer and criminal defense lawyer. In his blog Russell recommends doing a criminal background check on your spouse at the beginning of a divorce:
By presenting this [evidence of a criminal record] to the judge, an attorney is able to wake the judge out of his or her “he-said-she-said stupor” and begin portraying their client as the good guy and the other party as the bad guy.
I just came across this video of a therapy game for children of divorce. I’m not sure what to think. I got really stressed out just by watching the video. It is certainly good to acquaint divorce lawyers with confusion and pain that some children of divorce feel. However, is this appropriate for children? Wouldn’t it make a child going through a difficult custody battle feel even worse?
In law school we learned how to “frame” the facts to make a winning argument. This basically requires viewing things from a different point of view. The framing of facts, however, is not limited to the practice of law. In fact, how you frame (or view) “success” and “failure” is an essential element in achieving happiness and success in life.
Many of my readers are Chicago residents who are looking into divorcing without a lawyer. Often they will call asking for advice. Although there are some situtations in which I think people definitely need a divorce lawyer, I think there are some situations in which a family lawyer is not necessary.
PART 1 OF 3
Is divorce the problem?
As a divorce lawyer, I often worry about the effect the divorce will have on the children of the marriage. Obviously many parents worry too. These parents cite statistics showing that children of divorce are more likely to commit crimes, get pregnant young and become underachievers.