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Blogs

How a Personal Injury Settlement Is Divided in an Illinois Divorce?

In Illinois, under certain conditions, personal injury settlements are considered part of the marital property and therefore may be subject to asset division during a divorce proceeding. Certain items, like gifts or inheritances, are not considered marital property. However, legal settlements such … [...]

Protect yourself against a difficult ex-spouse

Few people enter a marriage thinking that it won't last, but the reality is that a good portion of Illinois marriages end in divorce. According to the Illinois Department of Public Health, over 30,000 couples separated during 2011. In some of those cases, spouses may have been able to work together … [...]

3 ways to help your child adjust to having 2 homes

In the beginning stages of a divorce, parents in Illinois must decide how they will help their children handle the many significant life changes headed their way. An attorney is likely to tell Cook County parents going through child custody arrangements that they should work together to make the … [...]

How is debt handled in an Illinois divorce?

When Illinois couples divorce, they face serious changes in nearly every aspect of their lives. One of the most challenging often arises over the financial alterations that nearly always take place when two people separate. A divorce lawyer would likely tell Des Plaines clients to expect a … [...]

4 Mistakes you should avoid making when buying a house

For most people in Illinois, buying a home is one of the largest purchases they ever make. To ensure the home buying process is successful and that they are happy with their house for many years to come, there are four main mistakes future homeowners should avoid. Failing to get a mortgage … [...]

Consider your long-term goals before investing in real estate

While rental properties can provide a steady, long-term investment, those interested in purchasing property for this purpose should carefully consider their long-term goals before they begin the process. This can help those in Illinois interested in buying investment property ensure that they are … [...]

One-bedroom condos make a great real estate investment

Those interested in purchasing an investment property in Illinois may originally believe that buying a single-family home is the best choice. However, purchasing a one-bedroom condo as a real estate investment can be an extremely profitable option. The benefits of investing in a condo There … [...]

When buying property, don’t forget to calculate in HOA and other expenses

When property buyers purchase a new home in Illinois, they will not only be expected to cover the sale price of the home, but a variety of other property expenses. Those interested in buying real estate should familiarize themselves with these costs before making a final purchase to ensure that they … [...]

Always read the fine print before signing a property contract

After property buyers in Illinois find the home that they desire to purchase, one of the final steps in the process is signing the property contract. Although buying property can be extremely exciting and buyers may not be very worried about the terms contained in this document, failure to properly … [...]

Tips on how to offer the right property bid

For many property buyers in Illinois, finding the right home is easy. However, determining what to bid on a piece of residential property is often a particularly difficult challenge. Property buyers who are ready to place a bid on a home should consider the market, the selling prices of similar … [...]