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ESTATE PLANNING: SIX COMMON EXCUSES

It’s time to think about your future. I know, I don’t want to either, but we have to plan for the future sometime. An important yet overlooked aspect of planning for your future is estate planning. I can hear it now, a million reasons and rebuttals why you want to...

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REAL ESTATE

Many people wonder why they need a real estate attorney in Illinois. Let me briefly describe what we do in real estate transactions so that you can understand why you need a real estate attorney. For the real estate purchaser, we review the Real Estate Sales Contract,...

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DIVORCE

Divorce in Illinois is complex. The considerations include: Whether to get a divorce, where the minor children should live, if any, and the associated parenting plan, how much child support should be paid, how much college contribution should be paid and how it is...

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ESTATE PLANNING

Estate planning is the process to plan for certain death and the possibility of mental incapacity. There are many tools that can be used to develop your estate plan. I will very briefly describe six of them. First, is the Transfer on Death Deed. This deed allows the...

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CHILD SUPPORT

Recently, Illinois changed the way that child support is calculated by adopting the “income shares” model of child support. Child support is now known as “allocation of parental responsibilities.” According to the income shares model, courts determine the amount of...

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Business Formation

The sole proprietorship requires no formalities, no documents to execute, and no separate bank accounts or tax returns. Many new business owners think about choosing to operate as a sole proprietor because it’s easy to get started. But since there is no separate legal...

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Allocation of Parenting Responsibilities

In 2016, Illinois did away with the term “custody” and replaced it with “allocation of parental responsibilities.” Essentially, what this means is that the state took all of the parental responsibility issues commonly dealt with in a child custody case, and assigned...

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