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Illinois is an equitable distribution state in divorce. What that means is that marital property shared between spouses is divided equitably, not necessarily equally, upon divorce. Equitable divisions may be something like a 40/60 split or 30/70 division of your...
Creating an estate plan isn't just about distributing your property to the people you love. It's also about protecting yourself if you experience some kind of medical emergency. A stroke, a heart attack or even a car crash could put you in a coma and leave you unable...
If you have children and are going through a separation period or divorce, you will need to put together a parenting plan. That plan will include information such as when to pick up or drop off your children. It may also have specific information about what you can or...
An estate plan may make it easier to manage your affairs while you're alive and after passing on. In addition to providing a mechanism to transfer assets to beneficiaries, an estate plan may also allow you to designate a guardian for your children. Take a look at some...
Like most states, Illinois uses the equitable property division method for splitting up assets and debts in divorce. Divorcing couples must split up their marital assets "equitably" -- in other words, reasonably fairly. For most couples in the Chicago area, most of...
Whether you and your ex-spouse amicably agreed to your child custody arrangement or a judge decided for you, it's undeniable that shared custody plans are highly beneficial for a child's development and well-being. According to 54 studies that compare child outcomes...
Many Americans don't think they need a will because they aren't wealthy. That is demonstrably false. Anybody who wants to secure their future or their family's future can benefit from crafting an estate plan. Before beginning the process of writing up a will, it's...
You might be more familiar with how the court approaches splitting property or deciding on child custody during divorce. But what about the family dog? In Illinois, there’s been recent legislation approved that can affect which home the family dog will end up living...
Aging Illinois residents can help protect their futures by taking essential steps to plan ahead. When you have a power of attorney, you can rest assured that any critical medical or financial decisions will follow your wishes as carefully as possible. A power of...
As Illinois residents age, many come to see certain parts of their lives differently. As a result, they may want to make changes that could not only affect their lives but also the lives of others. In particular, many may find that ending their marriage may allow them...
