An estate planning tool that has been available in other states for decades has finally come to Illinois. Since the beginning of this year, you can use a transfer on death instrument (TODI) to pass on any piece of real estate you own to your loved ones upon your...
Are you and your spouse candidates for a gray divorce? An article in Kiplinger says you are if the two of you are 50 years old or older and/or if your marriage has lasted at least 20 years. You are not alone. While gray divorces comprised only about 10% of U.S....
When you choose an executor for your estate, it is an important decision that you should put a lot of time and thought into. One of the best ways to choose the best executor for you is by understanding exactly what an executor will handle. Seeing probate through...
Divorce is a difficult process, no matter how you go through it. If you have children, the difficulties increase exponentially. Particularly during the first phases of divorce, there is the matter of breaking the news to the children and figuring out living situations...
Bird nesting describes a co-parenting arrangement where the children remain in the family home and parents rotate in and out according to a set schedule. In some cases, the parents also maintain a separate shared residence for each to stay at when not on parenting...
Discussing divorce with your children will always be difficult. The breakup between the heads of the household can give the rest of the family uncertainty. According to Healthline, teenagers may have more understanding than younger kids. However, you still want to...
Making the decision to get a divorce can be difficult. Sometimes, you may have a specific reason for making the choice. For example, if your spouse had an affair, it may push you to end the relationship. In other situations, you may not have any specific reason for...
Anything you do to reduce conflict in important family decisions represents a step in the right direction. A steady approach to estate planning has the potential to eliminate worries and uncertainty. A few smart steps allow you to enjoy the advantages of making a plan...
Estate planning should provide a comprehensive strategy for your family to follow after death. With so many tools available to utilize, you may want to diversify your estate to consider various elements. In exploring options, you may want to explore a trust. A trust...
Child support orders are common following a divorce involving minor children. The court recognizes that the circumstances of either the child or one of the parents can change at any moment. For that reason, you can file for a modification of a child support order....
