Updating Your Estate Plan After a Divorce in Bloomington

There are many consequences that a divorce has on your life, especially your financial circumstances. One aspect that individuals may not consider is how their divorce alters the contents of their estate plan. An estate planning attorney in Bloomington can help you determine what has changed since your divorce and how to effectively reflect these changes in your will, trust, and other estate planning documents. Your ex-spouse may have certain legal powers that you no longer want them to have, or you may have lost significant assets that are still listed as part of your estate in the plan. To

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The Basics of Adoption in Bloomington

Adoption can provide many benefits for families, and it can also allow parents to care for a new child or enable stepparents to have legal care of their stepchildren. This process should be a joyful one for parents and children. Unfortunately, it can also be very complex and stressful. Working with a Bloomington adoption attorney can help you focus on the joys of expanding your family while giving you the legal support and confidence you need during the process. It can be helpful to understand the state’s requirements for adoption and how those requirements change when you are a stepparent.

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The Impact of a Divorce on Your Finances

A divorce is exceptionally expensive, both due to immediate costs and the long-term losses of income and resources. It can seem counterintuitive to work with an attorney on top of these costs, but an experienced Bloomington divorce attorney can help negotiate or advocate with the court for fair terms that help you financially. These may include fairer support payments, a better division of property, and other financial rights protections. Even with the help, a divorce is costly. This financial strain only adds to the emotional stress of the proceedings. By preparing and budgeting for the significant costs of divorce, you

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Which Parent Is More Likely to Get Custody?

Child custody proceedings may be handled by the family court or be negotiated by parents and their attorneys. The court often prefers it when parents create their own parenting plan, as it shows that parents are willing to work together to benefit their child. However, the court must still approve of the final agreement. In both cases, the court will ensure that a child is taken care of. Whether your custody case is litigated or negotiated, you need an experienced Bloomington custody attorney. There is a misconception among many that the court will always favor the mother during custody cases.

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When Is Litigation the Right Option?

Litigation is the right option when divorce becomes contentious. Most divorces are resolved through out-of-court methods, such as collaborative divorce and divorce mediation. These options are preferred due to their privacy, cost-effectiveness, and their emphasis on collaboration over contentious arguments. Unfortunately, some divorces need to be handled through court. This may be to protect a spouse’s rights or to reach a needed conclusion to the process. A Bloomington divorce attorney can help you determine what is right for your situation. What Is a Contested Divorce? There are several essential decisions to be made during a divorce, including property division and

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What Should You Include in a Complete Estate Plan?

An estate plan can be as basic or as comprehensive as you need it to be, and this depends entirely on the documents that you include and the actions that you take in the estate plan. Estate plans are not just for those who are wealthy, as they can help anyone protect themselves and provide benefits for their loved ones. An experienced Bloomington estate planning attorney is an important resource for understanding what your goals are and how your estate plan can serve those needs. Estate plans can have many documents and actions, including: Living wills Jointly owned property designations

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