Like other small business owners, you are proud of the progress your venture has made in recent years. Thanks to your hard work, financial investment and business acumen, you have turned your startup into a well-oiled machine. If you are thinking about ending your...
Updated April 3, 2020. The Treasury Department and the Internal Revenue Service are currently working to provide Americans with an economic impact payment as part of the $2.2 trillion economic relief package recently signed into law. The IRS announced that the...
When couples divorce, the common assumption is that there will be significant impacts on their finances. They may need to divide retirement accounts. Alternatively, they may need to sell real estate holdings or other assets as part of the divorce agreement. While the...
Once children grow up and become legal adults, questions arise surrounding how much financial support do divorced parents need to provide. A ruling from the DuPage County Circuit Court May 2018 seemed to limit the financial responsibility that divorced parents may...
Divorce is a time of new beginnings for both spouses. For those who adopted a new last name during the marriage, a divorce may mark a time to return to the maiden name that he or she had before marrying. Previously, Illinois law made it a tedious process for married...
Divorce creates significant uncertainty for couples, regardless of their age, income or if they have kids. For older couples who may have accumulated a significant amount of assets, a divorce becomes more complex – and potentially more hazardous for both spouses as...
Dividing property in a divorce isn’t always a big deal for couples, especially those with few assets and who are renting. Couples who don’t own real estate together may divide property simply by each taking their own personal effects and perhaps divvying up the...
At the time a child is born in Illinois, the parents’ names are added to the child’s birth certificate. The mother’s name is always added, and, if the mother is married, the man to whom she is married is considered to be the father and is added to the child’s birth...
For many parents, spending holidays with their children is more than just celebrating culture and togetherness; there is a religious element that makes the holidays feel that much more important. What’s more, divorcing parents who are religious and want to spend...
Divorce, even when parties to the divorce are amicable, can be emotional and complicated. While there is no doubt divorce can be tough, there are things an individual, and a couple, can do to improve the experience and achieve a successful outcome. Here are some tips...
