Life Insurance and Financial Security Protection in DuPage County, IL

Will County Divorce Financial Planning

There are a wide variety of insurance policies available that offer varying levels of financial security for yourself and your loved ones. Life insurance can play a vital part of your financial security now and in the future, and such coverage can even play a role in divorce proceedings. At The Divorce Financial Group, LLC, our experienced professionals can help you understand how life insurance could be used to provide you with the financial security you need in the years ahead.

Child Support and Maintenance Considerations in Illinois

When a couple with children gets divorced, Illinois law may require the parent with less parenting time to make child support payments to the other parent. Child support is intended to help the recipient parent with child-related costs and to provide a reasonable quality of life for the children.

In some divorce cases, maintenance is also ordered by the judge payable by the higher-earning spouse. Also known as alimony or spousal support, maintenance payments are designed to help offset the financial impact of a divorce on an economically disadvantaged spouse.

At The Divorce Financial Group, LLC, we understand how important child support and maintenance payments can be for a person who has gone through a divorce. Our skilled team will help you fully understand your financial situation and your needs for the future. This will assist you and your divorce attorney to help seek an appropriate amount of child support and maintenance so that your needs and those of your children can be properly met.

Securing Cash Flow

With more than 30 years of financial experience, we realize that you may rely on post-divorce payments to maintain your quality of life. If something should happen to your ex-spouse, you could face serious financial hardships. For example, if he or she becomes unable to work or suffers a fatal accident, your life could be directly affected. We can offer you solutions.

At The Divorce Financial Group, LLC, we will assist you in analyzing your lifestyle and financial situation so that we can determine the type and amount of insurance that would meet your needs in the event of a tragedy. We will work closely with you and your attorney to have life insurance and other financial security provisions included in your divorce settlement. Our team will address your concerns in a thorough, professional manner while keeping your best interest as our top priority.

Contact Us Today

If you would like to learn more about life insurance, long-term care riders, and other options for ensuring financial security following your divorce, contact our office. Call 630-741-4493 to discuss your case with a Certified Divorce Financial Analyst today. Located in Warrenville, IL, we serve clients in Cook County, Kane County, Kendall County, Will County, and DuPage County.