Dissipation of Marital Assets

Dissipation of Marital Assets

At the end of a marriage, emotions are raw and tensions are sky-high. Unfortunately, this is when some people choose to blow off steam or punish their estranged spouse by spending a lot of money on themselves. The state of Illinois has a legal term for this, the dissipation of marital property. The Supreme Court  … Read more

Challenging A Will

Challenging A Will

We’ve all read news articles and seen television episodes about people who prey on the elderly for their money. Let me tell you, it is real and it actually happens. In fact, there is actually an entire state agency dedicated to protecting adults from financial exploitation. While it usually isn’t as dramatic as on television,  … Read more

Preparing Your Will: A Checklist

Preparing Your Will A Checklist

A lawyer can help you plan your estate to ensure that your loved ones are taken care of. When I help a client prepare a will, I need complete and accurate information to provide the best legal guidance possible. For this reason, I’ve put together a checklist of information that you will need to gather  … Read more

The Pitfalls of Tax Forgiveness

The Pitfalls of Tax Forgiveness

Do you owe the IRS more money than you can pay? Are you at risk of a tax lien? Would a fresh start sound nice? Well, the IRS literally offers a “Fresh Start program” to settle your IRS debt through a tax forgiveness program. If this sounds too good to be true, your instincts may  … Read more

Is a Tax Appeal Right for Me?

Is a Tax Appeal Right for Me

Tax season is well underway, which means that you are in the process of preparing your taxes, if you haven’t already filed. Unfortunately, it also means that a new audit season has opened for the IRS. If you or your business is being audited and you ultimately receive a higher tax bill, I highly recommend  … Read more

Mother Wins Fight Against Judge’s Ruling That Found Her To Be A Fit Parent And Still Granted DCFS Temporary Custody Of Her Children

A mother was found to be a fit parent of her 2 minor children ages 9 and 10 and a father was found to be an unfit parent, however, the court awarded temporary custody and guardianship of the minor children to the Illinois Department of Children and Family Services (DCFS).  Illinois State Supreme Court Ruling:  … Read more

Birth Of A Child Could Allow A Taxpayer To Receive Proceeds From The Sale Of Their Residence Not Subject To Taxation

The IRS determined that a taxpayer was entitled to a partial gain exclusion even though the taxpayer used the property for less than two years. The taxpayer did not meet the requirements of the IRS code, however, they sold the residence due to an unforeseen circumstance which allowed them to qualify for the partial exclusion  … Read more