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How Business Assets Are Divided In Illinois Divorce
When a couple decides to end their marriage, one of the significant issues to resolve is the division of assets, including any business interests they may hold. Dividing business assets in a divorce involves determining how ownership interests in the business will be...
5 Key Strategies for Successful Medicaid Planning in Illinois
Medicaid planning is crucial to ensuring financial security and healthcare coverage for seniors in Illinois. As we age, understanding the complexities of Medicaid and how to plan for its benefits becomes increasingly essential. Our Crystal Lake elder law attorneys...
How Proper Estate Planning Can Protect Your Assets
Estate planning is often a subject that people tend to put off, thinking it's something they can address later in life. However, procrastination when it comes to estate planning can leave your assets vulnerable and cause unnecessary stress for your loved ones. At...
What Cannot Be Stipulated In An Illinois Prenup?
Creating a prenuptial agreement in Illinois is vital for couples looking to define their financial rights and responsibilities before marriage. Like in many other states, Illinois has specific limitations and requirements regarding what can and cannot be included in a...
Ways To Protect Your Estate Plan From Being Contested
A comprehensive estate plan is an essential part of every person’s legacy and ensures that your loved ones are provided for today and in the future. However, without careful planning, your estate could be contested. Learn how to avoid a contested estate below. If you...
What You Need To Know About Illinois Marital Property Laws
Many Illinois divorces involve questions about alimony or child support and property and asset division. According to the Illinois asset division law 750 ILCS 5/503, marital property must be equitably divided during a divorce, which includes all assets acquired during...
Ways To Make Divorce Less Adversarial
Divorce is stressful and complex and emotions may run high. However, there are ways to make the process less adversarial, and it is important to remember that a good outcome is possible. Learn more about easing the divorce process in this article and speak to...
What You Must Know About Paternity Laws In Illinois
Historically, families typically consisted of a married mother and father who shared one or more children. However, the traditional nuclear family is less common than it used to be. Many couples have children and are unmarried, some married couples may divorce and...
What Is Considered Community Property In Illinois?
Splitting marital property can be one of the more difficult aspects of an Illinois divorce, and what qualifies as marital and non-marital property can be misunderstood. Below is essential information to know about community property in Illinois and how property...
