Crafting an estate plan is something all Illinois residents should do. While it is important for people of all ages, it is even more critical for those 55 and older. However, recent research indicates that those in this age range have not taken the necessary steps to draft estate planning documents. According to Merrill Lynch and Age Wave, almost half of those 55 and older have failed to craft any estate plan. Since many family disputes, financial problems and more have emanated from the failure to take this basic step, it is important to understand the importance of these documents and to discuss them with a legal professional.
Illinois couples who are getting a divorce will frequently be in dispute over a litany of issues. Family law can be a complicated matter with many concerns for both parties. When one spouse is ordered to pay spousal support - also referred to as alimony or maintenance - the amount that will be paid and how long it will last are common worries. On the other side of the coin, the receiving spouse will want to know how much he or she will receive and its duration. Understanding what the law says about this is a fundamental part of a case. So too is having legal advice throughout the process.
When a couple in Illinois ends a marriage, they must consider how they will handle child support. It is important to have a grasp on what state law says about the process in which it is calculated. All parents will agree that support for their children is an integral point that should not be ignored. However, there are frequent disagreements as to the amount that must be paid. The goal of the guidelines is to have a basis of what will be paid. This is to avoid dispute and make the process as reasonable for both sides as possible. However, there can still be disagreements about support. Having legal advice is imperative in these cases.