Business owners in Illinois who run the company with a spouse and who are getting a divorce will have to decide what to do with the company. In many cases, couples prefer for one person to buy out the other, but this is only possible if the purchaser has enough...
Month: March 2020
Paying close attention when giving a power of attorney
An Illinois power of attorney basically means that a person is trusting another with financial decisions to the fullest extent. If the person with that power has not been fully vetted or is not closely monitored, the consequences of this can be disastrous. This is the...
Understanding spousal maintenance after an Illinois divorce
A divorce is a complex legal process that ends the relationship between two individuals who were previously joined in marriage. The paths that couples take to divorce can look different for everyone, but the issues that distinct couples may confront as they separate...