Divorce and Cryptocurrencies Part 3: Ethereum Assets.

There’s no doubt that cryptocurrency nowadays can add new complications to divorce. Popular crypto assets like Bitcoin and Ethereum rise (and fall) dramatically in price making them often highly volatile. If you have an impending divorce on your hands, you need to know how to find, value and divide these new world assets. Here’s what you should know. 

In the second part of our Cryptocurrencies and Divorce series, we discussed the situations in which cryptocurrency can be found during the divorce settlement process and also if it can be lost within the settlement. While tracking down the funds isn’t an easy process, our third part of the series will give you a little more insight on the Cryptocurrency Ethereum Assets.

If you or your spouse owns cryptocurrency, you are going to want to make sure it is discussed with your divorce attorney. It may be a marital asset that needs to be valued and divided; but due to cryptocurrency wildly fluctuating, it can sometimes be problematic to value, and therefore split, fairly.

Here’s what you need to know about handling Ethereum Assets amid divorce.

What is Ethereum?

Ethereum, also known as ETH, is a decentralized, open-source blockchain with smart contract functionality. Currently, Ethereum is the largest and most well-established, open-ended decentralized software platform. 

Ethereum comes with its own programming language that runs on a blockchain, enabling developers to build and run distributed applications. The potential applications of Ethereum are wide-ranging and are powered by its native cryptographic token, (ETH).

Ether is used mainly for two purposes: It is traded as a digital currency on exchanges in the same way as other cryptocurrencies, and it is used on the Ethereum network to run applications. According to Ethereum, “people all over the world use ETH to make payments, as a store of value, or as collateral.”

Bitcoin Vs. Ethereum

Ether and Bitcoin are similar and also differ in many ways: Each is a digital currency traded via online exchanges and stored in various types of cryptocurrency wallets. Both of these tokens are not issued or regulated by a central bank or other authority. Both make use of the distributed ledger technology known as blockchain.

Transactions on the Ethereum network may contain executable code, while data affixed to Bitcoin network transactions are generally only for keeping notes. BTC and ETH are both digital currencies, but the primary purpose of ether is not to establish itself as an alternative monetary system but rather to facilitate and monetize the operation of the Ethereum smart contract and dApp platform.

The ultimate main difference between the two is that Bitcoin is primarily designed to be an alternative to traditional currencies and a way to exchange and store value. Ethereum is a programmable blockchain that finds application in numerous areas, including DeFi, smart contracts, and NFTs.

Ethereum is another use case for a blockchain that supports the Bitcoin network and theoretically does not compete with Bitcoin. However, the popularity of ether has pushed it into competition with all other cryptocurrencies, especially from the perspective of traders. For most of its history since the mid-2015 launch, ether has been close behind Bitcoin on rankings of the top cryptocurrencies by market cap.

Finding & Splitting Ethereum Assets

While Bitcoin and Ethereum are not the same thing, it’s important to know that Ethereum can be just as easily divided as Bitcoin. When Bitcoin is considered marital property, the easiest way to divide them is to split the determined value 50/50. Since most Bitcoin can be cashed out in full, splitting the value 50/50 means each spouse would simply get half.

Another way to divide cryptos is by negotiating other marital property in exchange. If the spouse with the cryptocurrencies wants to keep them, they can give up other marital property with the same determined value to the other spouse.

The costs associated with uncovering hidden cryptocurrency assets can also be substantial. Before moving forward with a court order to uncover potential hidden crypto assets, a spouse and their divorce lawyers may want to make sure that they are relatively certain about the outcome. 

The amount of money involved is also a consideration. People with a few hundred or even a few thousand dollars in undisclosed cryptocurrency are rarely the proper target of such an investigation. An experienced family law attorney may help a spouse concerned about crypto assets decide whether or how to pursue a court order and full forensic investigation. 

Final Thoughts

Living in a digital age like we do today, Bitcoin, Ethereum, and other cryptocurrencies are expected to pop up in a divorce settlement. It is important to be prepared and make sure that crypto is properly discovered and valued in family law matters. If you know or suspect that cryptocurrency will be a part of your divorce, talk to your family law attorney immediately and put together a game plan for dealing with it. 

Our team of attorneys are highly experienced in dealing with Cryptocurrencies in divorce and are here to answer your questions about divorce and digital asset division.

Contact us today for more information, or to schedule a consultation.

Who Does the Hague Convention Apply To?

If you believe you might be facing the terrifying situation of International Child Abduction, you will need to determine whether the Hague Convention treaty is “in force” between the U.S. and the other country involved. 

In a nutshell, the Hague Abduction Convention is an international agreement to safeguard intercountry adoptions. An application may be made when a child is taken or retained across an international border, away from his or her habitual residence, without the consent of a parent who has rights of custody under the law of the habitual residence, if the two countries are parties to the Convention. The child must be promptly returned to the habitual residence unless the return will create a grave risk of harm to the child or another limited exception is established.

The Convention has the child’s best interest, and provides a shared civil remedy among partner countries. Depending on where your child was taken determines whether the Convention is “in force” between nations. It is therefore important to determine whether the Convention is in force with the particular country in question and when the Convention went into force between the U.S. and the other country.

HAGUE CONVENTION & ITS BACKGROUND

The Hague Convention is essentially a treaty that many countries, along with the US have joined. On May 29, 1993, the Convention established international standards of practices for intercountry adoptions. The United States signed the Convention in 1994, and the Convention entered into force for the United States on April 1, 2008. 

How do you determine whether the treaty is “in force” between the U.S. and the other country involved? The Federal Judicial Center explains with the following:

‘The issue of whether the Convention is “in force” between states can be complex. There are differences in the processes by which a state can be bound by the treaty, specifically between those who are “member states” and those who become “party states.” 

Member states are states that were members of The Hague Conference on Private International Law at the time of adoption of the Child Abduction Convention at the 14th Session in 1980.

The differences between the two is the following:

  • Actions by member states include ratifications, approvals, or acceptances.
  • Party states are all other countries that agree to be bound by the Convention and “accede” to the Convention.

For member states, the ratification by one member state causes the convention to automatically come into force between that ratifying member state and all other previously ratifying member states. However, when a member state ratifies the Convention, the Convention does not automatically enter into force between that state and a party state that has acceded to the convention.

The treaty “enters into force” between two countries when they are both bound by the Convention. In order for the Convention to enter into force between a member state and a party state, the member state must expressly accept the accession by the party state. 

The same applies to the accession of one party state vis-á-vis another acceding party state; that is, the accession must be specifically accepted by the previously acceding party state.’

101 states are a party to the convention. Like extradition treaties, some countries that have signed a Hague Convention treaty with the United States are noncompliant or refuse to hold up the terms of the treaty.

LIST OF U.S HAGUE CONVENTION TREATY PARTNERS

Below are the countries that participate in the Hague Convention and are “in force” with the United States of America. You can find the official list with dates and more here.

country pop2022 hagueConventionEntryDate
Andorra 77.463 1/1/2017
Argentina 46010.234 6/1/1991
Armenia 2971.966 3/1/2018
Australia 26068.792 7/1/1988
Austria 9066.71 10/1/1988
Bahamas 400.516 1/1/1994
Belgium 11668.278 5/1/1999
Belize 412.19 11/1/1989
Bosnia and Herzegovina 3249.317 12/1/1991
Brazil 215353.593 12/1/2003
Bulgaria 6844.597 2005/01//01
Burkina Faso 22102.838 11/1/1992
Canada 38388.419 7/1/1988
Chile 19250.195 7/1/1994
Colombia 51512.762 6/1/1996
Costa Rica 5182.354 1/1/2008
Croatia 4059.286 12/1/1991
Cyprus 1223.387 3/1/1995
Czech Republic 10736.784 3/1/1998
Denmark 5834.95 7/1/1991
Dominican Republic 11056.37 6/1/2007
Ecuador 18113.361 4/1/1992
El Salvador 6550.389 6/1/2007
Estonia 1321.91 5/1/2007
Fiji 909.466 5/1/2017
Finland 5554.96 8/1/1994
France 65584.518 7/1/1988
Germany 83883.596 12/1/1990
Greece 10316.637 6/1/1993
Guatemala 18584.039 1/1/2008
Honduras 10221.247 6/1/1994
Hong Kong 7604.299 9/1/1997
Hungary 9606.259 7/1/1988
Iceland 345.393 12/1/1996
Ireland 5020.199 10/1/1991
Israel 8922.892 12/1/1991
Italy 60262.77 5/1/1995
Jamaica 2985.094 4/1/2019
Japan 125584.838 4/1/2014
Latvia 1848.837 5/1/2007
Lithuania 2661.708 5/1/2007
Luxembourg 642.371 7/1/1988
Macau 667.49 3/1/1999
Malta 444.033 2/1/2003
Mauritius 1274.727 10/1/1993
Mexico 131562.772 10/1/1991
Monaco 39.783 6/1/1993
Montenegro 627.95 12/1/1991
Morocco 37772.756 12/1/2012
Netherlands 17211.447 9/1/1990
New Zealand 4898.203 10/1/1991
Norway 5511.37 4/1/1989
Panama 4446.964 6/1/1994
Paraguay 7305.843 1/1/2008
Peru 33684.208 6/1/2007
Poland 37739.785 11/1/1992
Portugal 10140.57 7/1/1988
Romania 19031.335 6/1/1993
Saint Kitts and Nevis 53.871 6/1/1995
San Marino 34.085 1/1/2008
Serbia 8653.016 12/1/1991
Singapore 5943.546 5/1/2012
Slovakia 5460.193 2/1/2001
Slovenia 2078.034 4/1/1995
South Africa 60756.135 11/1/1997
South Korea 51329.899 11/1/2013
Spain 46719.142 7/1/1988
Sri Lanka 21575.842 1/1/2008
Sweden 10218.971 6/1/1989
Switzerland 8773.637 7/1/1988
Thailand 70078.203 4/1/2016
Trinidad and Tobago 1406.585 8/1/2013
Turkey 85561.976 8/1/2000
Ukraine 43192.122 9/1/2007
United Kingdom 68497.907 7/1/1988
Uruguay 3496.016 9/1/2004
Venezuela 29266.991 1/1/1997
Zimbabwe 15331.428 8/1/1995

Export the list here. 

FINAL THOUGHTS

Most of the world, including the United States, belongs to the Hague Convention, and they will negotiate treaties to help streamline international justice. When family law disputes cross international boundaries, it is essential to have the help from a knowledgeable family law attorney who understands all of the laws that go along with child custody cases.

Our attorneys, Erin Masters and Anthony Joseph, have extensive knowledge and experience with The Hague Convention on Civil Aspects of International Child Abduction (“The Hague Convention”) that was enacted into law through the International Child Abduction Remedies Act (“ICARA”) which provides that a parent whose child has been wrongfully removed from or retained in the United States may petition for the child’s return to his or her country of habitual residence. 

Browse Our Featured Hague Decisions:

Contact us here today to set up a complimentary consultation.

 

What is Parent Alienation?

Parental alienation is a set of strategies that a parent uses to foster a child’s rejection of the other parent. If your former partner is constantly, and severely, making false statements about you to your child, can this lead to alienation and an accompanying syndrome? Let’s take a closer look.

In divorce and child custody cases, a syndrome often develops called parental alienation. Parental alienation is a strategy where one parent intentionally displays to the child unjustified negativity aimed at the other parent. The purpose of this strategy is to damage the child’s relationship with the other parent and to turn the child’s emotions against that other parent. Parental alienators are adept manipulators and you should look out for signs of this behavior immediately.

Here is everything you need to know about emotional abuse and how you can take action to protect yourself and your children.

Traits of an Alienator

Parental alienation syndrome, was a term coined back in the 1980s by child psychiatrist Dr. Richard A. Gardner. As mentioned above, the sole purpose of parental alienation behavior is to keep the children with the alienating parent as much as possible, away from the targeted parent. A parent who is angry at the spouse accomplishes this goal by painting a negative narrative of the other parent by making deprecating comments, throwing blame, and making false accusations which are shared with the children.

Clinical psychologists have noted this type of behavior shown by the alienating parent has narcissistic or borderline tendencies. A narcissist is a person who has an excessive interest and admiration in themselves – essentially they think the world revolves around them. While those with borderline personality disorders have emotional hyper-reactivity often expressed as anger and a tendency to see themselves as victims. A parent with an antisocial personality is an accomplished liar who has the ability to harm others without any guilt. 

Alienation by one parent interferes with the rights of the child and the other parent involved to have a healthy relationship.  It also interferes with the other parent being able to exercise their right to care for the child.

Signs and Symptoms of Parental Alienation Syndrome

When Gardner talked about PAS, he identified eight “symptoms” (or criteria) for it:

  1. The child constantly and unfairly criticizes the alienated parent (sometimes called a “campaign of denigration”).
  2. The child doesn’t have any strong evidence, specific examples, or justifications for the criticisms — or only has false reasoning.
  3. The child’s feelings about the alienated parent aren’t mixed — they’re all negative, with no redeeming qualities to be found. This is sometimes called “lack of ambivalence.”
  4. The child claims the criticisms are all their own conclusions and based on their own independent thinking. (In reality, in PA, the alienating parent is said to “program” the child with these ideas.)
  5. The child has unwavering support for the alienator.
  6. The child doesn’t feel guilty about mistreating or hating the alienated parent.
  7. The child uses terms and phrases that seem borrowed from adult language when referring to situations that never happened or happened before the child’s memory.
  8. The child’s feelings of hatred toward the alienated parent expand to include other family members related to that parent (for example, grandparents or cousins on that side of the family).

Impact of Alienation on Parenting Time

Parental alienation and parenting time go hand in hand when trying to determine an appropriate parenting plan that lays out with which parent the child will mainly live. Parenting Time of your child can become a very emotional law topic. The division of parenting time and the allocation of parental responsibilites to make decisions for the child. 

To determine the child’s best interests, the court must look at anything relevant to the question, including specific factors listed in state statute. Of those, some are particularly relevant when parental alienation may be involved:

  • The child’s needs.
  • The mental health of all parties involved.
  • Restricted or modified parenting time.
  • Parental ability to put the child’s needs first.
  • Abuse against the child, including emotional or psychological abuse to try to alienate the child against the other parent.
  • The ability of each parent to facilitate a close relationship between the other parent and the child.
  • The interaction and interrelationship of the child with each parent.

Any parent who believes their spouse is trying to alienate their child against them should seek immediate assistance from an experienced Family law attorney. It’s important to have someone who can assist with reporting emotional abuse or protection for themselves or loved ones.

The safety of the child or children involved should always be your number one priority. If your child is being emotionally abused, there are several steps that can be taken to mitigate the risk of the situation at hand prior to legal help. Masters Law Group is here to help you with divorce consultation or litigation involving parental alienation.

Final Thoughts

While all forms of abuse can feel like a never-ending hopeless situation, Masters Law Group is here to help you see a light at the end of the tunnel. We provide an array of family law services including Orders of Protection and divorce services for our clients. Our highly experienced family law attorneys offer skillful legal representation that will guide you through to safety for your children and yourself.

Get in touch with us here today to discuss and execute the best plan of action for you and your family.

Can You Lose Bitcoin in a Divorce?

While some cryptocurrencies are easily found during the discovery phase of divorce proceedings, others, such as bitcoin, can be more challenging to find, particularly when they are private. If you have an impending divorce on your hands, you need to know how to find, value and divide them. Here’s what you should know. 

In the first of our Cryptocurrencies and Divorce series, we discussed how the rise and popularity of cryptocurrency has led to some spouses hiding digital assets during divorce settlements, and tracking down the funds isn’t an easy process.

If you or your spouse own cryptocurrency, you are going to want to make sure it is discussed with your divorce attorney. It may be a marital asset that needs to be valued and divided; but due to cryptocurrency wildly fluctuating, it can sometimes be problematic to value, and therefore split fairly.

Here’s what you need to know about handling bitcoin and other cryptos in divorce.

A Quick Recap of Cryptocurrency 

The use of cryptocurrency varies user to user. Some people prefer to use cryptocurrency for online purchases to ensure secure financial transactions. Others might use it simply to capitalize on discounts or rewards offered for the use of digital currencies.

The most popular form of cryptocurrency is Bitcoin. Some examples of other digital currencies are Litecoin, Ethereum, Ripple, Zcash, Bitcoin Cash, and Cardano. Digital currency is bought, sold, and traded on various platforms. Coinbase is a popular platform used for Bitcoin. Some other digital currency exchange platforms are Kraken, BitStamp, ShapeShift, Gemini, and Bisq.

Cryptocurrencies are validated by a blockchain. This refers to a list of records called blocks that are linked together like a chain. Blockchains are designed to be secure. The foundation of a blockchain is a “decentralized database.” Blockchains can include a piece of information called a hash.

It is very important to know if any parties in a family law matter have cryptocurrency. Cryptocurrency can be a marital asset eligible for division in a divorce. If you know cryptocurrency exists, it will need to be valued. Cryptocurrency has an exchange rate just like standard currency and it can be converted into U.S. dollars. There are programs on the internet that can assist with the conversion of cryptocurrency to dollars. It may be helpful to know which conversion rate program that cryptocurrency owner utilizes.

Looking for Cryptocurrency

Figuring out whether or not cryptocurrency exists is important. Have you discussed cryptocurrency with your spouse? Have you overheard them boating to their friends about their crypto wallet? Will bank account statements or credit card statements show deposits or withdrawals from a digital currency platform? Are there emails or other correspondence that contain information about cryptocurrency?

If any of these are true in your marriage or divorce, you should notify your attorney immediately. Your attorney will need to start collecting information about the cryptocurrency. Obtaining documentation about cryptocurrency can be tricky because often the point of cryptocurrency is for transactions to remain private or secure.

First, it needs to be determined if the cryptocurrency owner has a wallet and whether that wallet is online or is a physical device. The wallet will have an ID and a password for logging which can be requested in discovery. Wallets can be similar to a portable hard drive and be an actual physical item. In other instances, the wallet may just be online and through one of the cryptocurrency exchange platforms. Different steps need to be taken to preserve information from both kinds of wallets.

An owner can usually download a transaction history from his/her wallet or exchange platform. The transaction history is often downloaded as an Excel spreadsheet or other electronic document. The download contains information like a bank statement such as date, time, amount of cryptocurrency, conversion rate, balance, transaction ID, and hash information.

Most transactions will show some sort of confirmation of purchase. Often the confirmation occurs via email and serves as a receipt. The confirmation may include the conversion rate, dollar amount, and a date and timestamp. In some instances, the confirmation may identify where the cryptocurrency user deposited the funds after sale or where they withdrew the funds from to make a purchase. This can help you in the long run to identify other assets.

Can You Lose Bitcoin in a Divorce?

Bitcoin is treated the same as any other asset in a divorce. If the bitcoin transaction was before the marriage, was given as a gift or through an inheritance, it is not marital property and usually cannot be divided. Therefore, if the transaction was during the marriage, it is marital property and can be divided.

When bitcoin is considered marital property, the easiest way to divide them is to split the determined value 50/50. Since most bitcoin can be cashed out in full, splitting the value 50/50 means each spouse would simply get half.

Another way to divide bitcoin is by negotiating other marital property in exchange. If the spouse with the bitcoin wants to keep them, they can give up other marital property with the same determined value to the other spouse.

Final Thoughts

These days, bitcoin and other cryptocurrencies are all the rage. As such, the issue of bitcoin is bound to pop up in divorce cases.

It is important to make sure that bitcoin is properly discovered and valued in family law matters. If you know or suspect that cryptocurrency will be a part of your divorce, talk to your family law attorney immediately and put together a game plan for dealing with it. This may include a plan for how to explain how cryptocurrency works with other parties or professionals in your case.

If you are concerned about how your or your spouse’s cryptocurrency assets could affect your divorce or the asset division process, Masters Law Group can help. Our team of highly trained and experienced attorneys are here to answer your questions about divorce and digital asset division.

Contact us today for more information, or to schedule a consultation.

 

What Happens if I File for Divorce in Illinois but my Child Lives Somewhere Else?

While it is fairly common for someone to move to a different state once they separate from their spouse, doing so can present potential difficulties when formally filing. Add children to the mix, and the situation rapidly becomes more complex. Here’s what you need to know. 

All states require that the spouse who files for divorce be a resident of the state in which they file their divorce petition.  If you’re seeking an Illinois divorce and have children, you may be wondering what the proper steps are to take. You may also want to know how you can get full custody in Illinois, and what criteria a judge uses to determine a child’s best interests.

Here, Masters Law Group provides an overview of Illinois custody laws and answers to common questions about custody in Illinois, cross-border custody, and international custody matters via the Hague Convention. If you have additional questions after reading this article, contact your trusted law attorneys at Masters Law Group. We’re here to help you every step of the way.

Establishing Child Custody in Illinois

The term “custody” is no longer used in the law. It is now called “parental responsibilities.” This includes parenting time (formerly “visitation”) and decision-making power.

Divorcing parents who live in Illinois will receive an Allocation of Parental Responsibilities/custody order as part of their divorce case. Things can get complicated if parents live in different states or a parent has recently moved into or out of the state. Before an Illinois judge can issue a custody order, the Illinois court must have jurisdiction over your case.

In order to avoid conflicting custody opinions from courts in different states, a law called the Uniform Child Custody Jurisdiction and Enforcement Act (UCCJEA) sets the rules on which court has jurisdiction. 

Among other things, the UCCJEA determines which state is the child’s “home state” for custody matters. Courts in the home state have jurisdiction over custody litigation involving that child and are the only ones that can hear a custody case for that child.

Illinois has jurisdiction to hear a child custody case if:

  • The child has lived in Illinois for the last six months.
  • The child lives out of state, but lived in Illinois within the past six months and one of the child’s parents still lives in the state.
  • No other state is the child’s home state and either (1) the child and at least one parent have significant connections with Illinois, and (2) substantial evidence exists in Illinois concerning the child’s care, protection, training, and personal relationships.

The UCCJEA and associated rules can be complex and hard to understand. If you’re unsure whether your child custody case should be heard in Illinois or in another state, you should consult with an experienced attorney. 

Determining a Child’s Best Interests in Illinois

Even when parents agree on custody, a judge must ultimately determine what custody arrangement would be in the child’s best interests. The emphasis in a custody determination is not on which parent is “better or worse”, but solely on the child’s safety and happiness. 

Here are some of the following factors to consider:

  • Both parent’s wishes.
  • The child’s wishes.
  • The child’s adjustment to their home, school, and community.
  • The parents’ and child’s physical and mental health.
  • Whether there has been physical violence by either parent, either directed against the child or another person.
  • Whether there has been ongoing or repeated domestic violence, either directed against the child or directed against another person.
  • The willingness and ability of each parent to facilitate and encourage a close and continuing relationship between the other parent and the child.

Every case is unique, and the court is free to decide what weight to give to these and other factors in making its decision. However, Illinois custody laws expressly state that the court should not consider a parent’s marital conduct unless it affects that parent’s relationship with the child. Judges will typically give both parents maximum involvement in the child’s life.

Can a Parent With Primary Physical Custody Relocate Out of State?

Illinois Courts require that a parent looking to permanently relocate a child from the State of Illinois have a written agreement and/or Court Order allowing the move.  There are a variety of factors the Court will consider in adjudicating whether the move is within your child’s best interest.  The parent who wants to relocate with the child out of state bears the burden of proving that the move serves the child’s best interests. A court must consider the following factors in determining whether a proposed move to another state is in the best interests of the child:

  • Whether the move will enhance the general quality of life for both the custodial parent and the child.
  • Whether the custodial parent’s proposed move is a ruse to frustrate or defeat the other parent’s visitation rights with the child.
  • The motives of the noncustodial parent in resisting the removal.
  • Whether a reasonable visitation schedule can be achieved if the move is allowed.

The parent seeking to move must prove that it is in the best interests of the child, not just the parent’s best interests. A judge will want to address housing arrangements, job opportunities, neighborhood and school quality, available activities for the child, and a well-considered plan to keep the child in touch with the left-behind parent. Some judicial districts in Illinois are more lenient about allowing removal than others. An experienced lawyer will know what to expect from the judges in your district.

Unless the parties have agreed in writing to the contrary, a custodial parent may remove the children to another part of the state without a court order. However, because this will bring about a significant disruption in the child’s relationship to the other parent, such a move could be considered a material change in the child’s circumstance, which could be the foundation of a petition for custody modification.

A permanent relocation is different from a vacation. Parents are free to take the child out of state on a temporary vacation as long as the court order allows it and the traveling parent provides the other parent the address and telephone number where the child may be reached while out of state, and the date on which the child will return to Illinois. 

What Happens if my Ex Want to Move Across International Borders?

International child custody cases are on the rise due to the mobility of couples who either desire to live abroad, move back to their home country or who receive international job assignments.

While legal issues involving Parental Responsibilities are common, many do not know what to do when their child/children are taken overseas. It’s important for the residents of the Greater Chicagoland area who share custody of their children know about the ins and outs of the Hague Convention should this occur.

Accredited family law attorneys Erin Masters and Anthony Joseph of Masters Law Group have extensive experience in cases involving international child abduction disputes in both courts located in the State of Illinois and the United States federal court system.

Masters Law Group Featured Hague Decisions:

At Masters Law Group, we know the requirements parents must abide by when they want to move, and we know how to challenge the move so you do not lose out on time with your child.

Final Thoughts

If you’re faced with an out-of-state divorce or international custody battle, our skilled and knowledgeable family law attorneys can help educate you on your options, and provide legal assistance if your child is being taken out of Illinois. 

Masters Law Group understands that divorce is a stressful situation and that our clients want to move on with their lives. Especially when children are involved. As such, we move through settlement negotiations, mediation or litigation with our clients’ assurance and well being in mind.

Our firm’s attorneys are ready to skillfully advocate for your position and provide your voice when you need it most. Schedule a consultation with us today to discuss our divorce services.

How is Cryptocurrency Divided in Divorce?

Cryptocurrency is an asset like any other kind of asset, and as a result, it may be considered separate property or marital property. What many people do not understand is exactly how complicated this can become. 

Cryptocurrency is a type of code or software that dictates how a unit of currency is produced and regulated.  Essentially, the creator of the cryptocurrency makes the units using an algorithm that relies on cryptography to secure the currency. The most common cryptocurrency, and the first of its kind, is Bitcoin, but there are thousands of other types that can be purchased or earned.

Despite Bitcoin and Crypto prices being extremely volatile, (the recent Crypto crash being a prime example), cryptocurrency is gaining in popularity and becoming a more and more common asset seen in divorce cases.

Crypto and Divorce Trend

Cryptocurrency has gone from an obscure hobby to a significant investment for many people across the country. As crypto assets like bitcoin rose dramatically in price, many investors became wealthy, especially those who entered the crypto market in the early days. However, cryptocurrency can also add new complications to a divorce, particularly when it comes to dividing assets between divorcing spouses.

Here’s a look at some commonly asked questions about cryptocurrency assets in a divorce.

Q: What is Cryptocurrency and is it Considered Marital Property?

A: Bitcoin is a cryptocurrency that allows secure transactions on the internet without having to go through a bank. Bitcoins can be exchanged or traded for other currency, products, or services and have increased in use since their creation in 2008. With this increase comes new challenges in a divorce when it comes to dividing up assets.

Cryptocurrency is considered an asset and as a result, it may be considered separate property or marital property. In some cases, growth in the value of cryptocurrency during the marriage may be considered a marital asset, even if the original purchase took place before the marriage. 

This is especially true when both spouses were involved in using cryptocurrency, investing in crypto assets, or planning to rely on crypto to fund future financial ventures. If you’re a crypto investor considering divorce, you should always consult with your lawyer about how you can expect your investments to be affected by the separation.

Q: Can You Lose Bitcoin in a Divorce?

A: Bitcoins are treated the same as any other asset in a divorce. If the bitcoin transaction was before the marriage, was given as a gift or through an inheritance, it is not marital property and cannot be divided. Therefore, if the transaction was during the marriage, it is marital property and can be divided.

When bitcoins are considered marital property, the easiest way to divide them is to split the determined value 50/50. Since most bitcoins can be cashed out in full, splitting the value 50/50 means each spouse would simply get half.

Another way to divide bitcoins is by negotiating other marital property in exchange. This means, if the spouse with the bitcoins wants to keep them, they can give up other marital property with the same determined value to the other spouse.

Q: Can Cryptocurrency Be Used to Hide Assets During Divorce?

A: A misinformation gap can easily arise especially when only one partner is involved in the crypto market and the other spouse has little knowledge on the aspects of crypto investments. This gap can lead to one partner not knowing what to look for when it comes to uncovering crypto holdings in the asset division process. 

The growing awareness of cryptocurrency technology has led to more divorce attorneys thinking about how to deal with crypto as a way of hiding assets. In some cases, a spouse may suspect the other party has undisclosed crypto holdings, while in other cases, they may notice that the other spouse suddenly seems to have a source of funds that is not tied to their existing employment or investments.

There are several ways that cryptocurrency assets may be discovered. The best-known and easiest to uncover are bitcoin and ethereum. Other cryptocurrencies may offer higher levels of anonymity. Those assets are much less valuable and more volatile than the better-known digital currencies. A forensic expert typically brought in by the parties, may search for cryptocurrency tickers, login credentials for exchanges, or keys for certain types of digital wallets.

Bank statements, credit card statements, and other financial documents may indicate transactions for crypto purchases from various exchanges.

Final Thoughts

During a marriage, it’s important for both partners to have an understanding of their marital income, and investments. With greater knowledge about finances shared between spouses, it can be far more difficult for one person to hide assets during a divorce. 

If you are concerned about how your or your spouse’s cryptocurrency assets could affect your divorce or the asset division process, Masters Law Group can help. Our team of highly trained and experienced family law attorneys are here to answer your questions about divorce and digital asset division.

Contact us today for more information, or to schedule a consultation.

 

This National Spouse’s Day: Exploring Legal Separation

Although divorce doesn’t come to mind when celebrating National Spouse’s Day today, many Americans are now looking for ways to help fix their relationship without ending their marriage legally; including legal separation.

National Spouse’s Day is a chance to celebrate your spouse and show your better half that they are appreciated. Let’s admit it, sometimes married couples need reminders to leave the hamster wheel that is everyday life. January 26, however, can either be the remedy to all couples’ woes, or a sign to explore legal separation.

Here’s a look at legal separation and what it could mean for you depending on your personal situation.

What Is Legal Separation?

A divorce means the marriage is legally over. A legal separation is a court-ordered arrangement where a married couple lives apart, leading separate lives. A legal separation is a popular alternative to a divorce when the parties are unsure of the state of their marriage but want to establish boundaries on finances and responsibilities. Oftentimes this includes separation of assets, custody of dependents, and child support.

Although the reasons for seeking a legal separation vary, there are some common ones worth noting. Some religions prohibit married couples from divorcing and a legal separation grants most of the benefits of a divorce without compromising religious tenets. Also, those unsure of their marital future may opt for a legal separation, hoping for a reconciliation. 

When crafting a legal separation, both spouses should thoroughly address any issues about responsibilities, shared assets, or any other situation specific to the marriage that needs to be addressed. If the terms of the agreement are not clearly defined in the petition, the judge won’t be able to help you. Every petition for legal separation must include the following information:

  • The legal names of both spouses
  • The date and location of the marriage
  • The names of any children or dependents of the marriage
  • The proposed custody arrangement of the children
  • The dates and addresses where the couple began living apart
  • Any child support arrangement, as well as any other financial responsibilities to which both parties have agreed

Separation vs. Divorce vs. Annulment

Though a divorce marks the official end of a valid marriage, an annulment treats the marriage as if it had never happened. In other words, a judge grants an annulment indicating that the court does not recognize the arrangement as having been a legally valid marriage. There are a number of scenarios in which a person can request an annulment:

  • The marriage was a result of force, fraud, or physical or mental incapacity.
  • The marriage took place when one or both spouses were under the influence.
  • The marriage took place when one or both spouses were already married.

In most cases, the legal termination of a marriage will result in a divorce. Unlike a separation, a divorce is permanent. This means both spouses are free to remarry. However, depending on the state where the couple lived and how long the marriage lasted a divorce also means the termination of economic benefits such as shared insurance and assets. Ultimately, electing for a divorce over a legal separation is a personal choice.

Pros and Cons of a Legal Separation


Couples may choose to be legally separated rather than getting a divorce for various reasons. But before they make a decision, one must consider the pros and cons associated with separating legally and if it would be a better option than a trial separation or divorce.

Pros:

  • Divorce is a very final process. Even though a couple has determined that they can no longer live together as a couple, they may not be ready to go through a full divorce. They may wish to legally separate and get the distance they need to make the ultimate decision about divorcing with a clear head.
  • People elect to legally separate when they have religious or social objections to divorce. In such a scenario, separating legally allows the couple to not violate the religious beliefs and live separately.
  • Another reason people elect to legally separate is when they have religious or social objections to divorce. A legal separation allows the couple to live independently of each other without officially divorcing.
  • A few people might have the option to remain on their partner’s medical coverage plan in the event that they are legally separated rather than being divorced. There likewise might be other monetary advantages to separating legally over divorce.

Cons:

  • One of the biggest disadvantages to a legal separation is that you and your spouse remain married. If you want to remarry, you will not be able to do so unless you obtain a full divorce. However, if you decide to divorce, having a legal separation already in place can make the divorce process more efficient as you have already agreed on terms.
  • With similar legal requirements as a divorce, paperwork, litigation, and trial proceedings, separating legally can be as much taxing as a divorce.
  • If you ultimately do decide to divorce, getting a legal separation first can end up costing you more money. Because you must get a court order recognizing your legal separation, you will be subject to court fees. Before going through a legal separation, you should consider the likelihood of divorcing down the road and whether or not a legal separation is more beneficial to you than a full divorce.

Final Thoughts

Like Illinois, most states allow legal separations—the exceptions are Florida, Delaware, Georgia, Mississippi, Pennsylvania, and Texas. The length of the separation process can vary depending on the state and the complexity of the agreement, but the process typically takes around six months to a year. You can begin a legal separation by contacting your family law attorneys at Masters Law Group, or by filing a petition with the Circuit Court Clerk of the appropriate county. For a list of circuit courts, view the Illinois Courts website.

If you are considering a legal separation, you should consult with your lawyer to make sure it is the best decision for you. Every case is different, and your attorney can use their experience to help guide you in making this important decision. At Masters Law Group, our team of attorneys are experienced in handling Legal Separation, and Divorce Cases.

Overall, if you’re exploring legal separation it’s always best to consult an established family law attorney for a clear understanding of what your options are. Contact us today to schedule a consultation.

Determination of Parentage Under Illinois Law

What is parentage? Why is establishing parentage important? What is the process of establishing parentage or paternity? Find the answers to all your Illinois-paternity questions here. 

In parentage cases, also known as “paternity cases,” the court makes orders that say who the child’s legal parents are. If parents are married when a child is born, the law assumes that the husband is the father and the wife is the mother, so paternity is automatically established in most cases. But for unmarried parents, the parentage of their children needs to be established legally.

Only after paternity is established, allocation of parental responsibilities, parenting time and child support can then be set forth via a Final Allocation of Parental Responsibilities Judgment. While this topic can be very emotional to deal with, you’re not alone. Here’s what you need to know about  Determination of Parentage in the state of Illinois.

Causes of Action Related to Paternity in Illinois

There are several causes of action in Illinois related to paternity, including establishing paternity by consent of the parents, contested paternity suits and suits to establish the non-existence of a father-child relationship. ‍All of these causes are governed by the Illinois Parentage Act of 2015 which deals with issues revolving around children born out of wedlock. In Illinois, certain forms must be presented to non-married parents at the hospital upon the birth of a child, which allow the parents to establish paternity by mutual consent. The forms look like the following:

  • An agreed order to establish paternity by consent, and reserve issues of child support until a later date.
  • A verified petition to declare paternity.

‍If the parents are in agreement regarding paternity, they can deliver these forms to the clerk of court, whereupon the judge will enter the agreed order establishing paternity. ‍If there’s a presumed father other than the father signing these forms, the parents must obtain his signature as well. The Illinois Parentage Act states that a man is the presumed father of the child if any of the following statements are true:

  • He is married to the mother, or in a civil union or substantially similar relationship when the child is born.
  • He was married or in a civil union with the mother, but the marriage was terminated within 300 days prior to the birth of the child.
  • He married or entered into a civil union with the mother after the child’s birth, and he is listed as the child’s father on the child’s birth certificate. 
  • The child was born during or within 300 days of an invalid marriage or civil union into which he and the mother entered in apparent compliance with the law.

Presumptions of Paternity Explained

The petitioner in a paternity action unfortunately bears the burden of proving paternity or absence of paternity by a preponderance of the evidence. This means the allegations in the petition are more than likely not to be true. When there is a “presumed father,” the presumption must be rebutted by clear and convincing evidence, a higher standard of proof than preponderance of the evidence. Clear and convincing evidence is also required if paternity is sought after the death of a parent in order to determine heirship. 

‍A presumption of paternity arising from a voluntary acknowledgment of paternity becomes conclusive if the acknowledgment is not rescinded either within 60 days from signing the voluntary acknowledgement or the date that the paternity suit is initiated, whichever occurs first.  If the presumption becomes conclusive, paternity can only be challenged by the presumed father in the case of fraud, duress, or a mistake of material fact. 

DNA Tests in Illinois Paternity Cases

The court as well as any party involved in a paternity action can request a DNA test. If the party from whom DNA testing is requested refuses to submit to the test, the court will likely decide the case against them.‍ The court will appoint an expert to perform the DNA test. It’s important to note that each party involved has the option to hire an independent expert in addition to the court-appointed expert to perform tests or to testify regarding the court-appointed expert’s credentials.  

If the experts agree that the alleged father is not the natural father the case will be dismissed.  If the experts disagree, the court will weigh the experts’ separate testimony along with other evidence.  

Illinois Paternity Situations & Cases

In a paternity action, child support is treated as in a divorce case with two exceptions. Unlike child support in a dissolution case, if the suit was brought within two years of the birth of the child, the court has discretion to award reasonable expenses related to the mother’s pregnancy. Retroactive child support is also treated differently in a paternity case. 

In a dissolution case, child support may be awarded in certain limited circumstances.  However, in a paternity case, the court may award child support retroactive to the child’s birth, based on the following factors:

  1. The father’s knowledge of the circumstances of the child’s birth.
  2. The father’s previous willingness to help support the child.
  3. The extent to which the father was previously informed of the child’s needs and to which his help was sought in supporting or raising the child.
  4. The reasons that the mother did not file the parentage action sooner. 
  5. The extent to which the father was prejudiced by the mother’s delay in bringing suit.  

The difference between child support in a paternity case versus a dissolution case is, in a dissolution case, the couple was previously married and the father was contributing to the care of the child during the marriage. 

Final Thoughts 

If you find yourself in a paternity battle, and are in need of legal counsel, Masters Law Group can help. Hiring an attorney highly experienced in family law will help you understand your legal options and create a plan for what comes next. 

Masters Law Group LLC focuses on helping clients assert their rights to further the best interests of their children. We help clients put aside their grief and educate them about their options in Parentage as well as Child Support modifications. If you need help with a parentage  case in Illinois, contact us here today to schedule a consultation.

Illinois Divorce Q&A

Are you considering a divorce? Throughout this tough time in your life you might have a hard time figuring out where to start or have many questions that need answers. For anyone seeking a divorce it’s important to have a lawyer who has your best interests in mind. Here are a couple of the most important and frequently asked questions when it comes to considering a divorce.

Divorce law is complicated so, if you are considering getting a divorce from your spouse you may have questions about what it involves and how to proceed etc. In this article, our experienced Illinois-based Divorce and Family Law attorneys cover the top most common divorce questions and answers.  Let’s dive right in…

Q: Is Illinois a 50/50 State for Divorce?

A: Unlike other states that divide the marital estate exactly in half, Illinois instead considers a variety of factors to determine an asset division arrangement that is fair and reasonable on both ends. Unfortunately, Illinois is not a 50/50 state for divorce. This means that the court weighs a number of factors to determine how to fairly divide property rather than dividing property 50/50. These factors include each spouse’s contribution to acquiring the property, the value of the property, the duration of the marriage, and which party has more responsibility for any children of the marriage. 

Q: Do Both Parties Have to Agree To Get A Divorce?

A: Both parties do not have to agree to get a divorce. A divorce can be filed by either party by filing a divorce petition along with a summons with the clerk of court and having it personally served upon the other party. Although both parties do not have to agree to get a divorce, both parties do have to agree to waive the 6-month waiting period of living separate and apart prior to a divorce as discussed above.

Q: Can You Be Denied A Divorce In Illinois?

A: In Illinois, you cannot be denied a divorce. Some states have many grounds for divorce and may deny a divorce if you fail to prove the grounds that you allege in your divorce petition, such as adultery or habitual drunkenness. Prior to 2016, Illinois operated this way as well. However, since 2016, the only ground for divorce in Illinois is irreconcilable differences. 

This means that the only reason that your divorce would be denied would be because you failed to follow the court’s procedural requirements or because you did not meet certain prerequisites, such as the six-month waiting period. Even if your case was dismissed or delayed based on these grounds, with the help of an attorney, you would eventually be able to receive a divorce order.   

Q: How Can You Get a Divorce if Your Spouse Won’t Sign?

A: When one spouse challenges whether the couple should get a divorce or any other reason, you have a divorce dispute. This is referred to as a contested divorce and can take more than 18 months to be resolved. An uncontested divorce (referred to as a “dissolution of marriage” in the state of Illinois) means that both parties agree on all the key terms of the divorce, including:

  • Dividing marital property.
  • Child custody and parenting time schedule.
  • Dividing marital debts.
  • Child support and medical insurance coverage for any minor children.
  • Spousal support (also called “alimony”).
  • Custody of pets.

Uncontested divorce is a great way to speed up the divorce process and make it less expensive. If both parties do not agree to the issues involved in the divorce, or even to the idea of getting divorced, this will not prevent you from receiving your divorce order.  

Q: How Can I Get a Quick Divorce in Illinois?

A: Divorces usually tend to be drawn out, especially when the parties cannot agree on how to handle issues such as child support, allocation of parenting time and responsibility, spousal maintenance, and division of assets and debts.  

However, if the parties can agree on the issues mentioned above, this is called an uncontested divorce. In an uncontested divorce, the parties and their attorneys draft written agreements at the outset. These are known as Marital Settlement Agreements and Joint Parenting Agreements. Uncontested divorces can be resolved with one court appearance and can be finished as quickly as a month.  

Q: How Much Does a Divorce Cost in Illinois?


Those living in Illinois and thinking about divorce might be like many Americans in the current uncertain financial climate. In Illinois, there are no set costs for the divorce. There are, however, set costs for filing the paperwork with the court where you live.  If you are a couple who have been married a short period and have separated for at least 6 months, a divorce should be relatively easy – therefore more inexpensive – even if you hire an attorney. If you are married with children, have joint assets like retirement accounts, investments or own a home/business together, you may think it is easier to hire attorneys and let them work out the details.

Final Thoughts

While there are many questions and valid concerns that come with divorce, the divorce process itself does not have to be difficult, and you don’t have to go it alone. However, divorce is an investment with substantial risks.

Divorce cases involving considerable assets or complex estates require specialized knowledge. Masters Law Group is skilled at identifying and valuing assets and wealth, including real estate, securities, business interests, retirement funds, pension plans, tax shelters (domestic and foreign), overseas accounts, stock options, trusts and other actual or potential sources of wealth.

Whether you are facing a contested divorce, uncontested divorce, or civil union divorce, our firm’s attorneys are ready to skillfully advocate for your position and provide your voice when you need it most.

If you are contemplating filing for divorce or learn that a spouse recently filed, Masters Law Group’s team of experienced attorneys can answer any questions you may have throughout this process.

For more information on the divorce process in Illinois, contact us here today.

 

Can I Protect my Kids From Emotional Abuse?

Emotional abuse, which is sometimes called psychological abuse, is a pattern of behavior that damages a child’s sense of self worth and negatively impacts their emotional development. Here’s what you can do if you suspect your child is suffering at the hands of a family member.

The holiday season is not the most wonderful time of the year for so many people and families. But for many around the world, it’s a challenging time where family law issues are temporarily swept under the carpet to be dealt with at a later date. Perhaps you have waited to file a divorce or find protective orders until the holidays are over? But when it comes to the wellbeing of your child, you need to take action now. 

Here is everything you need to know about emotional child abuse and how you can take action to protect yourself and your children. 

What is Emotional Abuse?

If you hear a story about abuse of children, specifically when it comes to physical or sexual abuse by parents, it seems inconcievable and anger is most likely your response. You could never imagine what parents could do this to their child, or that this would ever happen in your own home. However, not all signs of abuse are physical. What if parental abuse comes in a different less visible form? What if no one is physically hurt, but there is parental emotional abuse through words and actions? 

The definition of emotional abuse, otherwise known as psychological abuse, is a pattern of behavior that damages a child’s sense of self worth and negatively impacts their emotional development.

Love and support is withheld, and oftentimes the person emotionally abusing the child also may reject, threaten, criticize, demean, and purposefully agitate the child. Abusers may also humiliate the child, participate in name-calling towards the child, and insult the child regularly. Although an emotionally abused child might not end up in the hospital with a broken bone or a concussion, the effects of emotional abuse can be damaging and long-lasting. In 2017, 2.3% of children in the United States experienced psychological or emotional maltreatment according to a report prepared by the Administration on Children, Youth, and Families. However, this estimate is likely low because emotional abuse can be harder to detect than other forms of child abuse and typically takes place in the confines of a child’s home. 

Emotional abuse can be found in conjunction with physical or sexual abuse, and it is also one of the most difficult forms of abuse to recognize. Abuse in all forms is largely due to the need of power and control by the abuser, and emotional abuse is no different. In these abusive environments, the culprit manipulates and controls the child by using words and actions that are emotionally hurtful and damaging.

Identifying Emotional Abuse in Children

Emotional abuse experienced by a child may show certain behaviors that can be telling signs which you should watch out for. This would include:

  • Anxiety
  • Depression
  • Low performance in school
  • Loss of interest in social activities or other interests
  • Avoiding activities involving family bonding
  • Attempts to avoid certain situations (such as going to an activity or another person’s house)
  • Stunted development of emotions
  • Desire to self harm or inflict harm on others
  • Desperately seeking affection and attention from other adults
  • Regression of childhood development (a common example of this is bed wetting after previously mastering bladder and bowel control)
  • Complaining of stomach aches or other bodily symptoms with no known cause

While this behavior does not directly equate to a child experiencing psychological abuse, one or several of these behavioral symptoms can be a sign that there is protection needed for your child. Any signs of this behavior in children could be grounds for requesting an Order of Protection due to harassment or willful deprivation. 

Emotional Abuse Treatment

In the past, emotional and psychological abuse were not readily recognized in the eyes of the law. In today’s times, emotional abuse is often considered a major factor in family law cases and is reviewed closely in child abuse matters. In cases involving certain offenses, an individual should immediately seek out the assistance of an experienced family law attorney in your area, who can assist with reporting emotional abuse or protection for themselves or loved ones.

Priority number one is always to ensure the safety of the child, of course. If your child is being emotionally abused, there are several steps that can be taken to mitigate the risk of the situation at hand prior to legal help. The perpetrator of the abuse may need to go through treatment for their behavior, especially if the abuser is a parent of the child. Treatment can come in several different forms, which could include parenting classes, therapy individually or as a family, and even social services can be involved.

In addition to treatment for the abuser, the child experiencing the abuse will also most likely require medical attention. Those receiving the abuse and the repercussions may also benefit from therapy, either individually or with their family. Once they have the opportunity to process the emotional trauma, they are also aware of healthy coping mechanisms and how to resolve conflict in a healthier way.

If the abuse can’t be treated from these standpoints, and it needs to be escalated to legal assistance, Masters Law Group is here to help you with divorce consultation or an issuance of Order of Protection in the state of Illinois.

Emotional Abuse Protection

If you’re a parent and think your child is being emotionally abused by someone else—such as an ex, a teacher, a pastor, or coach—take steps to intervene.

Encourage the child in your life to contact the Child Helpline if they need some extra support to cope with what has been happening. They may find talking to somebody outside of the situation helpful. You could also try calling the National Parent Helpline in your state to discuss your concerns.

While all forms of abuse can feel like a never-ending hopeless situation, Masters Law Group is here to help you see a light at the end of the tunnel. We provide an array of family law services including Orders of Protection and divorce services for our clients. Our highly experienced family law attorneys offer skillful legal representation that will guide you through to safety for your children and yourself.

Get in touch with us here today to discuss and execute the best plan of action for you and your family.