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How Divorcing Spouses Hide Money

Most people are simply not aware of the many ways a spouse can hide money and potentially get away with it. Divorce lawyers often hire forensic accountants to investigate the income and assets of their clients’ spouses. In divorce cases, allegations of hidden money and income and shielding assets and plans to misrepresent business profits…

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Mental Incapacity and Alimony Unconnected With Dissolution

Your CFL Designation for Divorce Practitioners has enhanced your financial skill set to prepare you for any legal challenge. Not all cases are typical. In Levy v. Levy, the Florida appeals court decided whether a wife could pursue court-ordered alimony “unconnected with dissolution” when her husband became mentally incapacitated.  He had signed a durable power…

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Is a Job Loss Grounds for Reduced Alimony Payments?

Every divorce case is different, and it helps to be prepared.  You can rely on the financial skills and knowledge you gained from your CFL Designation to balance everything out for successful settlements.   As in the Superior Court of New Jersey Appellate Division case of Beden v. Beden, sometimes the solution is clear.  The…

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Big Changes to Illinois Divorce Laws in 2019

In December 2018, the AACFL opened a new chapter in Illinois and we applaud the commitment of its Founding Members.  To recognize this addition to our family, this article covers some of the sweeping changes to the Illinois Marriage and Dissolution of Marriage Act that currently affect Prairie State divorce practitioners. Per federal tax reform,…

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