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Effective Coparenting for Divorced Parents

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Divorcing parents must work together to achieve effective coparenting. Regardless of the reasons adults may be getting divorced, it is not the fault of their children. However, children still suffer, often feel guilty and caught in the middle of two battling people that they love. Child custody … [read more]

CFPB Updates Mortgage Disclosure Rule to Ensure Improved Consumer Clarity

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The Consumer Financial Protection Bureau has issued various updates to the ‘Know Before You Owe Rule’ to make the implementation process smoother. The goal of the rule is to make sure consumers understand what they are getting into when taking out a mortgage. However, the mortgage industry had … [read more]

Who Needs a Prenuptial Agreement?

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Every couple should sign a prenuptial agreement before saying "I do" because it can become "I don't" in the blink of an eye. And many couples do eventually end up in divorce court. Prenuptial agreements protect spouses from the potential pitfalls of divorce including disagreements over property … [read more]

New Child “Visitation” Law In Illinois Significantly Affects Child Support Payments

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A new child support law in Illinois that went into effect July 1, 2017, significantly changes the formula used to determine child support payments in divorce cases. The new law requires courts to consider both the income of divorcing parents and the amount of time each parent spends with their … [read more]

Reasons Why Child Custody Can Be Modified

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It is possible to modify a finalized child custody and payment, but the situation of one or both of the parents must be met before it can be considered. Illinois strives to ensure the safety and comfort of the child first, then to ensure that the care is not an undue burden on the parents. The … [read more]

Real Estate Market in Chicago Slows

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Recent data shows that the residential real estate market in Chicago is growing at a much slower pace than are the markets in other large metropolitan areas in the U.S., presenting added considerations for people planning to sell their homes and potential opportunities for prospective buyers. The … [read more]

Is an Attorney Necessary if Both Parties Agree to a Divorce?

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Although it is not required by law, it is advisable to consult with a family law attorney in any divorce, even if both parties are in agreement. A divorce with an agreement that is fair and equitable to all parties is more likely to be found acceptable by a Judge. Uncontested does not Mean … [read more]

Children and Court Ordered Counseling

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Illinois courts may require both parents and children to undergo counseling during the divorce process. Court ordered counseling can help parents and children resolve issues and move forward in a positive, healthy direction. Counseling may be ordered by the court if a parenting agreement is violated … [read more]

Uncertainty Causes Slowing of Commercial Real Estate Market

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Because of concerns about overbuilding in big cities such as Chicago and New York, the commercial real estate market has slowed. The slowdown isn't completely unexpected as it comes after six consecutive years of booming growth. Some investors in real estate are also concerned that the tax cuts that … [read more]

How Illinois Determines When Child Support Starts and Stops

Rolled up hundred dollar bills

Determining when child support payments begin and end is based on a number of variables like the child's age, physical or mental ability, and the child's enrollment in school. Typically, parents in Illinois have the legal responsibility to provide financial support for their dependent children from … [read more]