People can quickly become overwhelmed with debt. Sometimes finances become tight when a job is suddenly and unexpectedly lost. In other instances, the onset of a serious medical condition leaves a family struggling to get by. There are some debt options that may help...
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Year: 2018
Tips to effectively communicate about estate planning
Income, wealth and wealth management are not things that are commonly discussed in American households. When these topics do come up, it can leave the individuals involved feeling uncomfortable. This is one reason why so many people procrastinate when it comes to...
Set the framework for your child custody agreement
Trying to come up with suitable terms for child custody is challenging. Not only do you have to think about what works for you, your ex's needs also have to be considered. There comes a time when you are going through other major life changes.As you work with your ex...
Don’t wait too long to consider debt relief options
Life is full of changes. Some of them are planned for and expected, but others can take you by complete surprise. This is often the case with the onset of a sudden medical condition, loss of job or even the filing of divorce. Each of these scenarios can throw your...
How are alimony payments determined?
Illinois and Indiana residents who are considering divorce may be concerned about the emotional impact marriage dissolution may have on them and their family. While the emotional toll can be significant, so, too, can the financial ramifications. Property division can...
The interplay of bankruptcy and divorce
As we've discussed on this blog before, while divorce can be an emotionally trying time, it can also be a financially difficult time, too. Marriage dissolution often leaves individuals facing money woes, and quite frequently, those financial difficulties contribute to...
Don’t forget about “soft” estate planning
When people accumulate wealth and property, they often think of ways to protect them. Most people who consider estate planning think of utilizing wills and trusts to protect their wealth for the benefit of their loved one. This is, in fact, a large part of estate...
The importance of legacy planning
When we purchase thing, we often do not think about what will happen to them after we pass. Most people who engage in estate planning look at it as a matter of leaving their possessions to their closest loved ones and doing as much as they can to ensure that creditors...
Family law: what is the right of first refusal?
When Illinois and Indiana couples have a child in common but don't live together, it can be difficult to hash out visitation that is fair under the circumstances at hand. It can also be challenging to ensure that both parents are kept up-to-date about everything...
Common questions about personal bankruptcies
There are a lot of questions that some people ask if they considering filing for bankruptcy. It is understandable since it is imperative that you have all the information possible when you are trying to make your decision.If you are drowning in bills and don't see a...