We plan for everything. As parents, we plan for our retirement, we plan for our child to attend college and save for that. And, as young adults, we plan for our career by going to college to gain the necessary education. Why then, do people fail to take steps to plan for divorce? People tolerate
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Illinois Supreme Ct. Reverses the Fatkin Relocation Case
A while ago, I wrote a blog about child relocation cases. I analyzed and cited the most recent cases that had come down from the Appellate Court and discussed the importance of certain findings by the court in each of those cases. The analysis was supposed to help litigants and even attorneys look at the
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I Need a Divorce But Hate My Prenup Agreement!
A prenup agreement is a tricky instrument. The purpose of a prenuptial or pre-marital agreement is to try and resolve as many issues as possible in the event that the parties divorce. However, this can be tricky because no one has a crystal ball to see how a marriage is going to turn out. This
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Jessica Marshall Selected for ISBA Leadership Academy
Anderson & Boback Partner Jessica C. Marshall has been selected as an inaugural member of the Illinois State Bar Association (ISBA) Leadership Academy. With just 20 candidates selected across the state of Illinois, this is an exciting honor for Jessica. The Leadership Academy is a landmark program is designed to train the next generation of
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Another Father’s Attempt to Reduce Child Support Fails
Recently, I wrote about the father in the Salvatore v. Salvatore case who attempted to reduce child support and failed. Now the Appellate court has decided another case, reversing the trial court that allowed a modification of child support. Father’s Seeks to Reduce Child Support In this recent case, the father, Michael J. Hickey, petitioned
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Don’t Make These Mistakes in Your High Asset Divorce
Your High Asset Divorce can have pitfalls that are more damaging than a divorce case with little to no assets. There is just so much more to lose in high asset divorce. Many high asset clients are very savvy about their finances, which is how they fall into the “high asset” category to begin with.
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Business Valuation and Divorce – Plan for the Unforeseen
A business valuation helps plan for unforeseen circumstances, details an exit strategy for the owners and lays out an execution plan for expansion; Business valuations use many different ways to come up with a value but what is always relevant is the business assets, liabilities, income, benefits and the current market in and outside of
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