There are many different ways that money can be involved in a divorce case. Couples often get into disagreements about how to divide their assets, for instance. They may also blame financial stress for their divorce. You may be wondering if you are moving toward a...
When you think of an estate plan, one document comes to mind. The last will and testament is often a focal point, as it is the document that allows your wishes to be known after you have passed. While the words of your will are important, an estate plan is far more...
One way to ensure that your estate plan covers your long-term care costs is to reduce your assets to the point that you qualify for Medicaid benefits. If you’re successful here, then the government will step in to cover a large portion of your bills. But you have to...
Many Illinois residents believe that their signature on a will is the last step in disposing of their assets and preventing disputes between family members. Unhappily, this is not always the end result. Some potential heirs may be unhappy with their bequest and some...
When a couple gets divorced, a child support order may be passed down from the court. The court will consider many things, such as the income differences between the parents and the needs of the child. This support order then has to be followed and monthly payments...
Estate planning in Illinois is essential for ensuring your assets are managed according to your wishes after your passing. However, familial disagreements can complicate this process significantly. Understanding the challenges and legal framework can help you navigate...
The summer months are wonderful times for outdoor activities and doing things with children. However, for parents who are divorced, summertime can also inspire some unexpected and rather challenging decision-making needs. There are a few ways that parents can work to...
Property division can be a difficult topic in any Illinois divorce. Since each side will likely want to retain various items from the marriage, it can be a challenge to come to a reasonable solution or one that the parties will accept. Illinois uses an equitable...
On its face, estate planning might seem relatively simple, especially if you just want to evenly divide your assets amongst your spouse and your children. But the process isn’t always as easy as it seems, particularly if you’re estate planning in a blended family. In...
Deciding to set up an estate plan is a wise and responsible decision. An estate plan helps ensure your loved ones will be taken care of after you pass away and provides you with a sense of security knowing that your financial affairs are in order. However, whether...