Rockford Family Law And Estate Planning Blog

Many people think about homes, cars, and even debt when they think about dividing up assets during a divorce. However, divorcees in Illinois may not think about more “hidden” assets, such as frequent flyer miles and credit card rewards points. Educating yourself about...

Planning his or her estate is one of the most significant things a person can do for his or her family and the hard work he or she has performed throughout his or her life. That is why so many people in Illinois and around the country take the time to create an estate...

In the event that you and your spouse decide to separate with children involved, then the courts will determine the parenting time allowed to each person. If there are no issues regarding illegal activities on the part of one parent, Illinois courts will provide both...

Most married people in Illinois understand the affect family finances can have on their marriage. Many studies point to financial disputes as a leading cause of divorce in the country. However, recent studies show the type of work performed by a spouse may play an...

Once you file for divorce in Illinois, it's time to close your joint bank account. Unfortunately, it's not as easy as withdrawing half the money and then asking the bank to transfer the rest to your former spouse. In fact, taking money out of the account at the wrong...

Eventually, some or all of the money or other assets that were acquired during your lifetime will be passed down to your children. Therefore, it is important to have a transfer plan in place that allows your children to use their inheritance wisely. How much will your...

It's been said that 1 in 2 marriages will fail. That makes those with their own business in Illinois and across the country very nervous at the prospect of having to split their business. Even if you don't own a business but instead own a portion of one, the divorce...

With the rise of "gray divorce" in Illinois and across the country, a growing number of people are not only choosing to divorce later in life; they are also opting to remarry. When making the decision to marry again, it is important to consider your estate plan during...

As divorce in later years of life becomes more common, residents of Illinois may want to focus on ensuring that their estate plans are up to date. An estate plan is most beneficial when it is updated regularly and reflects a person's current wishes. Common pitfalls...