Someone who starts or inherits a business will usually want to see that company grow. It will often be necessary to reinvest the income derived from running a successful business into the company if someone wants to maximize the profitability of the organization....
Parents in Illinois often have a hard time working together to co-parent their children after a messy divorce. The more emotional and intense the process may have become, the greater the likelihood that parents will continue to lash out at each other during custody...
It takes a lot of careful consideration to establish a reasonable plan for sharing parenting time after a divorce or parental breakup in Illinois. The courts have to make determinations regarding the allocation of parental rights and responsibilities unless parents...
You may have heard that “forewarned is forearmed,” and that’s especially true when it comes to a divorce. If you have some idea in advance that a divorce may be in the works, you can better prepare yourself for the future. It’s a lot harder when you’re blindsided to...
Parents who are trying to work out a custody arrangement often find themselves disagreeing about seemingly simple matters. But, it is undeniable that sharing parental responsibilities and meeting children’s needs can be much more challenging when adults live in two...
Allocation of parental rights and responsibilities in Illinois carries the authority of the family courts once an order has been handed down. Parents must abide by the parenting plan that they negotiated with one another or litigated unless they formalize an...
There is rarely any question about a mother's biological relationship with a child. However, the role of a father can be a bit less clear. Illinois has a law that applies a presumption of paternity when a married woman has a child. However, when an unmarried woman has...
Years of combining income and resources can make the process of divorce quite difficult. Couples may struggle to find a reasonable solution for property division and financial equity, especially when there is a significant disparity in earning potential or separate...
Going through a divorce is a difficult situation that becomes even more complicated if you own a family business. There’s a chance that the divorce will affect the fate of the company, so you should think about that when you’re handling the property division. You and...
Whether you made the decision to divorce, your spouse made it or it was by mutual consent, you now have a whole lot of decisions about the future that need to be made. In the meantime, you have to keep your household running, and that means that bills need to be paid,...
