Divorce can become complicated when intellectual property (IP) assets are involved. IP assets like patents, copyrights, and trademarks hold significant value. Determining their worth impacts how property gets divided between spouses. Knowing the valuation process...
When You Need Honest Answers To Difficult Questions,
Call Michael L. Lodermeier
Call Michael L. Lodermeier
Interior of the Office of Michael L. Lodermeier, P.C.
Year: 2024
When is supervised visitation required in Illinois custody cases?
When parents go through a divorce or separation, one of the most important decisions revolves around child custody and visitation. Illinois courts prioritize the child’s well-being and safety, which often leads to the determination of whether visitation should be...
Understanding marital and nonmarital property in Illinois divorce
Divorce can be a complicated process, especially when it comes to dividing assets. In Illinois, property division depends on whether the court classifies property as marital or nonmarital. Knowing the difference between these two categories can help you get a feel for...
What does ‘earning capacity’ mean in terms of spousal support disputes in Illinois?
When a couple decides to divorce in Illinois, one of the key issues that may arise is spousal support, also known as alimony. Spousal support is a payment made by one ex-spouse to the other to help maintain their standard of living after the divorce. In determining...
How does Illinois determine child custody arrangements?
When parents separate or divorce, one of their biggest concerns is often child custody. This worry is natural because parents want to give their children every advantage. Therefore, understanding Illinois’ guidelines around these arrangements can assist with...
What happens to retirement accounts in a divorce?
Divorce is a complex process, and when it comes to separating assets, retirement accounts often take center stage. In Illinois, the handling of retirement accounts during divorce involves navigating specific regulations and considerations. It begins with understanding...