The daycare invoice arrives. Then the travel baseball fee, then a bill from the orthodontist for what insurance did not cover. You are already paying child support every month, and now you are being asked for more. Or, perhaps you are on the other side of it. You cover all of this yourself and wonder
Continue Reading »A notice for a court date shows up in your mail, but the notice does not say much. It gives you a courtroom, a time, and a case number. It does not tell you whether anyone expects you to be there. It does not say whether you can call in from your kitchen table. And
Continue Reading »For most parents, Illinois child support comes from a formula. The court takes both parents’ incomes, applies the Illinois state schedule, and produces a number. However, when parents earn well above average, that formula stops. The schedule only reaches so far, and above it a judge can decide what the child support number should be.
Continue Reading »Most Illinois divorce clients learn about financial disclosure the wrong way. They are handed a form called the Financial Affidavit, told to fill it out within 30 days of their first appearance, and led to believe that disclosure is something they do, like a procedural step on a list. By the time they realize disclosure
Continue Reading »An Illinois postnuptial agreement for a business owner settles one question in advance: if the marriage ends, what happens to the business? Today that answer is spread across several documents that do not account for each other. These include the Illinois property-division statute, the operating agreement, the estate plan, and the equity grants. A postnuptial
Continue Reading »When two people with substantial assets decide to marry, a prenuptial agreement is one of the most thoughtful conversations they can have together. It is a chance to talk openly about money, about the life you are building, and about how each of you wants to protect the other. For high-income and high net worth
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