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Filing an uncontested divorce can save you and your spouse the hassle and expense of going to court. Uncontested divorce is also usually much faster than contested divorce because you will not need to wait for a court to act or spend time gathering evidence. While being amicable with your spouse can make negotiating a divorce agreement much easier, even spouses who have a very high-conflict relationship can use mediation or attorney-facilitated negotiation to achieve an uncontested divorce. Even if you and your spouse are planning to work with a mediator, you should also be represented by an experienced DuPage County, IL divorce lawyer.
Divorce mediators are well-prepared to help spouses who are not on good terms. Most people who are getting divorced are not on good terms and are prone to arguing and rehashing the disputes that led to the divorce. A good mediator can help keep the conversation productive and focused when the parties begin to argue or get off-topic.
Owning a home can feel empowering. It can provide security, stability, and financial benefits. Sometimes, however, homeowners face significant challenges that make it a less profitable experience. Career changes, finances, the strength of the economy, and the terms of your mortgage can turn home ownership into an economic hardship.
In such cases, a homeowner may choose to use an option called a short sale. A short sale is a type of solution for real estate owners who are experiencing financial distress, though it has significant advantages and drawbacks. This article will discuss what a short sale is, the pros and cons of short selling, and how to contact an experienced Illinois real estate attorney for more details.
A short sale is when a homeowner sells real estate for less than what he or she owes on the mortgage. It is sometimes done to avoid foreclosure of the property by the bank. The homeowner uses the money from the short sale to cover some or most of the outstanding debt. For example: suppose you owe $650,000 on a mortgage and you sell the house for $550,000. Your outstanding debt, referred to as a deficiency, would be $100,000.
As the gig economy continues to evolve, one of the key areas of focus for gig employers is contracts. Agreements between workers and companies should address the unique characteristics of the gig economy, such as:
Because gig businesses tend to hire more workers than conventional companies, there is often a more "conveyor-belt" approach to the hiring process. In some cases, this means the business does not establish a relationship with a worker as a company does with a full-time employee. It is crucial, therefore, for a gig company’s contracts to be strong and airtight so that it can be as protected as possible when hiring in bulk.
This article will discuss three important considerations when drafting contracts in the gig economy. The key to having a well-crafted employment contract is hiring an experienced Illinois contract lawyer.
We live in an era where online content creation, personal branding, and influencers are part of the daily discourse. Anyone from an expert in a field to a child can have their own channels, with thousands and even millions of followers consuming their content. When influencers have sponsored posts, affiliate marketing, or subscriptions, they have the potential to earn serious money. What happens when your child wants to be an influencer and begins building an impressive following online? What begins as a fun hobby can become a lucrative business with legal oversight and obligations. This article will review a new law that dictates some requirements for parents or other guardians of child influencers. If this has become an issue for your family, speak with a knowledgeable DuPage County, IL business law attorney to understand how the law can impact you.
Most online platforms require users to be at least 13 years old, but many parents find ways to get around this. Often, parents can create a channel and simply post their child’s videos. If the child enjoys it and no one is harmed, it does not seem like much of an issue.
In recent years, families have increasingly chosen to educate their children through homeschooling. Since parents in the state of Illinois are not required to register to homeschool, it is difficult to know exactly how many children are taught at home rather than in schools but some estimates put the number in the tens of thousands.
Homeschooling is an excellent solution for some children and an awful scenario for others. Additionally, some parents are very well-suited to teaching their children while others are not. It is no wonder that the decision to homeschool a child can be a very difficult one to make, particularly after a divorce. Often, parents who want to homeschool have very strong beliefs about large topics like education, social interactions, religion, and more. If divorced parents disagree about these larger topics, it is reasonable that they might disagree on whether or not homeschooling is the best choice for their child. What happens when the court has divided up your parental responsibilities, and you need to make this decision together? If you and your ex are having a hard time deciding where your child should go to school, speak with a qualified Wheaton, IL family law attorney to understand more.
Divorce is generally not something done on the spur of the moment. It sometimes takes years for couples and individuals who are unhappy in their marriage to decide to get a divorce. In that time, they might be trying to reconcile, speaking with others who have been through divorce, and trying to picture what their future would be like outside the marriage. You may have been contemplating divorce for a while and are now ready to consider the practical matters involved, like how someone actually files for divorce. This article will explore some aspects of filing for divorce in Illinois. If you think this might be relevant for you, speak with a qualified Wheaton, IL family law attorney for personalized legal advice.
While all courts in the state of Illinois are subject to the same laws, different county courts have reputations for ruling in certain ways on various issues. You might prefer to file and have your divorce proceedings take place in a certain county, but for that to happen, you need to meet the state’s residency requirements:
People who want to try to provide for their loved one’s financial future have several options to choose from. One option that we will discuss in this article is called a revocable living trust. Simply put, this type of trust allows for your assets to be managed and transferred to others during your lifetime and after you have passed away. If this is something you might want to pursue, you should speak with a qualified Wheaton, IL estate planning attorney to gain a more extensive understanding of the advantages and legal requirements involved.
When someone drafts a revocable living trust (RLT), they are essentially outlining an agreement they have forged with another individual or institution (the trustee). The individual who drafts the trust (the grantor) is transferring ownership of his assets over to the trust. The RLT includes terms for the trustee’s management of this property, with the grantor able to maintain control over everything related to the trust, including what will happen with it after his death.
While prenuptial agreements are commonly associated with divorce, their benefits extend far beyond that. Signing up for an Illinois prenup can offer couples various advantages that go beyond planning for the worst-case scenario. Understanding these additional reasons can help couples make informed decisions about their financial future together.
At NN Legal Group, Attorney Nelson has over 12 years of experience providing clients with practical, client-focused legal representation. Well-respected in the legal community, our firm provides clients with representation they can depend on from a compassionate attorney who has dedicated his career to helping people when they need it most.
Divorce brings with it many complications and concerns that need to be addressed before the union between couples can be dissolved. The main issues addressed include property division, custodial rights and support for children, and the possibility of spousal maintenance. Though not all issues may concern every couple, they are all important and common concerns that require attention during the divorce process. For representation and advice in the legal matters of divorce and what follows, contacting an experienced divorce lawyer can be vital.
Dividing property is possibly the biggest point of contention in Illinois divorce. One half of the couple will often feel that they deserve more than the other or that they have a better claim to certain assets. Illinois is an equitable distribution state, which means that the division of property must be fair and equitable to both parties involved. Fair and equitable does not always mean a 50/50 split of assets.
Property division is one of the murkier issues during the Illinois divorce process. Having to split the assets you feel you have earned with your future ex-spouse may feel like a punch to the gut. You and your spouse can choose to work things out on your own before the courts get involved. However, if you cannot reach an amicable settlement, it will be up to the courts to decide the fate of your marital estate. In Illinois, marital property is divided and distributed “fairly and equitably” between the divorcing couple. When you need assistance in your divorce, the first call should be to an experienced attorney who can help you weather the storm that a divorce process inevitably brings.
Illinois is an equitable distribution state where marital assets are divided in a way that seems “fair and equitable” to a judge for both parties. This means any hope of a 50/50 split might as well be tossed out the window – usually. Instead, the court will look at the current and future needs of the couple and address the divide accordingly.
From our office in Glen Ellyn, Illinois we serve clients throughout the area including but not limited to Wheaton, Lombard, Villa Park, Carol Stream, Glendale Heights, Addison, Bloomingdale, Elmhurst, Winfield and DuPage County.
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