Divorce is a complicated matter, especially if you and your spouse have significant assets. Although you might think you know every financial detail of your relationship with your spouse, we know all too well that this often isn’t the case. In fact, many people don’t...
Tax Considerations
Importance of sending in 1040 information
Recently, the federal and state of Illinois income tax filing and payment deadlines have been extended. Even with these recent changes, we want to encourage you to send in your 1040 information sooner rather than later. Here is why: If you have a refund, you will want...
Estate planning and tax planning for high-end clients
Complex estate planning issues can arise when it comes to tax law and estate planning. Sometimes it takes a more-experienced law firm to assist the high-asset clients that are facing such issues. One such topic that may come up as April looms near are tax exemptions...
How to value a business in a divorce
The valuation and distribution of marital and nonmarital property can be one of the most challenging parts of a divorce. Things can be made even more complicated if the divorcing couple owns a business. Divorce attorneys and valuation experts are available to...