Illinois Expands Civil Unions

Aug 8, 2012 by

The State of Illinois recently voted to allow civil unions for same-sex couples. The vote does not mean same sex marriage is legal in the state, only that same sex couples can now enter into a domestic partnership and enjoy many of the same legal rights that married couples currently have like making end-of-life decisions, handling probate matters, sharing nursing home rooms, and other important life issues. Civil unions are not marriages and a couple will not get any of the federal rights...

read more

Divorce & Social Security

Aug 8, 2012 by

Although anyone over 50 probably knows that the Social Security Administration sends out annual statements that can assist pre-retirees in estimating their benefits in the future, very few are aware how divorce and re-marriage can affect those resources and knowing the laws surrounding spousal and survivor benefits can prevent costly mistakes. Statistics show that Social Security is the main source of income for nearly three-quarters of all single retirees, and with a national divorce rate of...

read more

The Un-Divorce

Aug 8, 2012 by

A recent article in the New York Times has uncovered a new category of unhappily married couples in the form of people who are “un-divorced.” The article noted that an increasing number of people contemplating a divorce are now taking a closer look at their finances in the downward turned economy. A lack of cash is often the motivation for people who separate, but still remain married in order to continue to enjoy the benefits of marriage like tax breaks and health care coverage....

read more