In Illinois or any other state, divorce is a legal process with rules about dividing assets. If either party tries to hide financial assets or lie about their income, debts, expenses and so on, there are severe consequences. It is common for one spouse to try to keep...
Month: October 2021
5 advantages in collaborative divorce
Collaborative divorce remains a realistic and solid option that some couples pursue when ending their marriage. The two parties work together to come up with agreements on issues, including division of assets, parenting time, allocation of parental responsibility and...
Who needs an estate plan?
Some Illinois residents might not think they need an estate plan for several reasons. People might think if they’re not rich then they don’t need an estate plan, or that they can hold off on it till they’re older. The reality is that estate planning is a crucial part...
Why your estate plan needs a certificate of trust
Living trusts are important to estate planning. They're used to protect assets and to avoid probate. Trusts offer many tax benefits, establishing your loved ones' financial security in Illinois. But to fully understand the potential of a trust you need to have an...