What Can I Expect in an Illinois Divorce Settlement?

 Posted on November 09, 2023 in Divorce

Every divorce is unique. Some couples can settle their separation amicably, through an uncontested divorce. Other couples might have such powerful animosity that they may go through what is called a high-conflict divorce. Some couples will settle their divorce in court, while others will do so through mediation. Regardless of the different ways a divorce could be settled, the actual aspects of life that need to be decided on in the divorce settlement are generally similar. If you are considering divorce, an experienced Kane County, IL, divorce attorney can explain what you can reasonably expect your divorce settlement to include and begin working on a plan to protect your best interests.

What Issues Are Covered in a Divorce Settlement?

A divorce can take time to be settled because the couple needs to figure out how all the parts of their life that were bound together in marriage will now be divided up. A typical divorce settlement will include the following aspects:

• Whatever was included in any prenuptial or postnuptial agreement
• An agreement for division of assets, including any savings, debts, and retirement plans
• Spousal support, otherwise known as alimony

If the couple has children, their divorce settlement will also include:

• Parenting plan and parental responsibilities
• Parenting time, otherwise known as visitation
• Decision-making authority, otherwise known as custody
• Other arrangements related to the children: how they will be transported between their parents, childcare arrangements, and more.
• Child support

If the spouses have managed to reach agreements on all of the above issues, this is all put down in writing and submitted to a judge, who will need to determine whether the agreement is enforceable and legal before it can be approved. Once approval is given, the final decree will be handed down, otherwise known as the “prove-up.” A prove-up is essentially the divorce settlement, and it includes everything about the divorce that was discussed and agreed upon.

Schedule a Free Consultation with a St. Charles, IL, Divorce Lawyer

If you are considering divorce but are not sure what you will need to figure out in your divorce settlement, a Kane County, IL, divorce attorney can explain all of the issues that will be included. Our team of experienced lawyers is passionate about advocating for our clients’ rights. Call Goostree Law Group at 630-584-4800 to schedule a free consultation and make sure your best interests are represented.