Divorce Likely to Impair Work ProductivityGoing through a divorce can dominate all aspects of your life, including your job. You may have previously tried to keep your work life separate from your personal life. Your problems from home should not be brought to work, and vice versa. With the exception of the death or illness of a family member, a divorce is the most time-consuming and emotionally draining personal issue you can have. If you have a full-time job with a heavy workload, your divorce is likely to decrease your work productivity.

Effects on Work

Several researchers have tried to measure the monetary cost to employers when employees are going through divorces. The exact number varies by study, but the average company loses at least tens of thousands of dollars each year due to reduced productivity from divorcing employees. There are many ways a divorce can affect you at work:

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Back-To-School Tips for Newly Divorced ParentsIt is almost time for your children to return to school, if they have not already. Though your kids may dread it, you are likely looking forward to a more normal routine. For divorced parents, their parenting time schedule is built around school and school-related activities. With the start of school, they can re-establish a regular schedule of when the children will live with each parent. However, parents who have recently divorced may be unsure of how to handle back-to-school time. It is in the best interest of your children for both of you to remain active in their school lives. In order to do so, you must be willing to cooperate with each other in some situations. There are several ways to help everyone adjust to your new family situation at the start of the school year:

  1. Informing the School: With younger children especially, it is important for the school to know when a student’s parents are newly divorced. Divorce may affect your child’s behavior and academic performance. Being aware of the divorce may allow your child's teacher to help.
  2. School Supplies: Shopping is part of the tradition of going back to school. You should split the cost of back-to-school purchases. This shows that you are both invested in your child’s return to school.
  3. School Functions: You both should try to attend parent events at the school, including open houses, parent-teacher conferences and student performances. If you do not want to attend the same conference as your former spouse, contact the teacher in advance to see if you can schedule separate conferences.
  4. Extracurricular Activities: Your parenting time likely accounts for your children’s school hours, but it may not predict the time commitment for after-school activities. You need to determine which parent will be responsible for dropping off or picking up a child from an activity. If the activities are disproportionately detracting from your time with your children, you can talk with your former spouse about adjusting the schedule.
  5. Homework: When you were married, you may have been the parent responsible for helping your child with his or her homework. If you are no longer with your child during homework time, you can set up a phone call or video chat in order to help him or her.

Flexible Agreement

As much as you try to plan, you may be unable to predict all the ways your divorce will affect your child’s school life. You may discover that an adjustment in parenting time or responsibilities is in the best interest of your child. A Kane County family law attorney at Goostree Family Law can advise you on modifications to your parenting agreement. Schedule a free consultation by calling 630-584-4800.

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Spouse May Be Hiding Income in Own BusinessOne challenge in negotiating a financial settlement in a divorce can be trying to figure out your spouse’s true worth, as compared to what he or she claims. Understating your income and assets gives you an unfair advantage when determining the division of marital property, child support payments and spousal maintenance. In particular, people who are self-employed or own a business are capable of artificially deflating their personal worth. Spouses may think they are savvy when they find ways to understate the value of their businesses or themselves. However, the other spouse would see it as dishonest and manipulative. You must be aware of the ways people can take advantage of their self-employment during a divorce.

Manipulating Finances

When people are self-employed or run a business, their personal and professional assets and expenses often mix. As their own boss, they have the ability to:

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Choose Your Words Carefully When Explaining Divorce to KidsThere is not an easy way to tell your children that you are getting a divorce. Younger children may have difficulty understanding what a divorce is and what it means for them. Older children may be angry because they think they know what the divorce means. Either way, your children are likely to be upset about your divorce. As parents, you must be sensitive to their feelings when breaking the news. Handling it in the wrong way can cause your children to become more upset than they need to be.

Honesty

Though it may be difficult, you must be honest with your children about your divorce. Avoiding their questions or lying about the consequences of your divorce may temporarily spare their feelings. However, they will eventually learn the truth and feel betrayed because you lied to them. Children do not need to know every aspect of your divorce but should understand the parts that affect them. You should make it clear to your children that:

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Receiving Your Spousal Support in a Lump SumWhen negotiating the financial aspects of a divorce settlement, each party must consider how to support him or herself in the present and future. The division of marital properties may have the greatest current value to a spouse, but spousal support payments can help create prolonged financial security. However, parties can waive regular spousal support payments in exchange for a lump sum payment, given as either one payment or in installments. The recipient spouse reaps an immediate monetary reward, but the paying spouse often benefits more. A spouse may ultimately receive more money through continued spousal support payments than from the lump sum payment. Though lump sum spousal support agreements seem short-sighted, the recipient spouse may have a valid reason to seek immediate compensation.

Benefits

Some spouses agree to receiving a lump sum spousal support payment because they are enticed by the big payout. Others are motivated by financial or emotional factors that make sense in their situations:

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Goostree Law Group

Goostree Law Group

 555 S. Randall Road, Suite 200
St. Charles, IL 60174

 630-584-4800

 400 S. County Farm Road, Suite 300
Wheaton, IL 60187

 630-407-1777

Our Illinois divorce attorneys represent clients in Kane County, DuPage County, Kendall County and DeKalb County, including Geneva, Batavia, St.Charles, Wayne, Wasco, Elburn, Virgil, Lily Lake, Aurora, North Aurora, Elgin, South Elgin, Bartlett, Crystal Lake, Gilberts, Millcreek, Maple Park, Kaneville, LaFox, Yorkville, Oswego, Plano, Sugar Grove, Big Rock, Bristol, Newark, DeKalb, Sycamore, Naperville, Wheaton, West Chicago, Winfield, Warrenville, Downers Grove, Lombard, Oak Brook, Streamwood, Hoffman Estates, Barrington, South Barrington, Lake Barrington, Schaumburg, Big Grove, Boulder Hill, Bristol, Joliet, Kendall, Lisbon, Minooka, Montgomery, Plainfield, Sandwich, Yorkville and many other cities.

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