Last night it was announced that Cook County courts will be closed until May 18th, except for emergencies and specific court proceedings. As they did in March, it is likely that the collar counties will follow Cook County and extend their closures as well. We know...
Firm News
A quick look at the purpose of forensic accounting
Many people are tied up in the emotional aspect of divorce. This is understandable given that marriage dissolution often entails the untangling of two lives that have been lived together for a significant period of time. Yet, divorce can also set the financial stage...
Using a forensic accountant to uncover hidden assets in a divorce
Illinois law requires both parties to a divorce to make a complete and accurate of their assets and debts. Unhappily, one or both parties to a divorce may attempt to conceal assets from the other party and the court, thereby obtaining a larger share of the marital...
Estate planning roadmap
Like it or not, everyone must prepare for the day when all their assets will pass on to someone else after they die. Despite any foreboding associated with estate planning, taking the time to do it correctly and making well-informed decisions can help keep family...
Pay attention to these tax issues if you divorced in 2019
Once 2019 comes to an end and January is here, many people in Illinois turn their attention over to their taxes. Those planning on filing early will want to make sure they understand any changes to the tax code that might affect them, specifically if they divorced in...
U.S. spending bill could have a major impact on estate planning
Chicago residents who have executed an estate plan or are planning to do so will want to keep a close eye on the spending bill currently making its way through Congress. The bill includes what has been called the “SECURE Act” and it will have a major impact on...
Collaborative divorce benefits both parents and children
The holidays can be a difficult and emotional time for couples in Chicago whose marriage is on the rocks. Perhaps this is the reason there is generally an uptick in divorce filings after the New Year. For couples with children, the issue of child custody must be...