Glen Carbon Law Blog
Choosing whether or not to keep the house in a divorce
Divorcing spouses who own a home together must figure out what they will do with their house during their divorce. Many homes are sold during divorces and any resulting proceeds from the sale may be split between the spouses. Some people may not want to sell their...
Financial strain before and after divorce
Our law firm understands that people involved in the divorce process often have a lot on their plate, from high levels of stress (especially over issues that involve children) to time constraints. However, the financial impact of a divorce is often significant and...
How can I keep my real estate out of probate when I die?
Owning property in Illinois can leave you wondering what happens to it upon your death. Ideally, you have already created a will dictating your preferences for who inherits your assets including real estate. However, real estate left to someone in your will can wind...
Have you considered all the costs of buying a home?
You have done all your homework on finding and making an offer on your Illinois dream home. Or have you? To better ensure that you do not receive the keys to disappointment rather than the keys to your new home, see what CNN Money says about some of the...
Planning ahead can save your business in a divorce
It is very difficult to protect your business in a divorce if you do not have any legal measures in place before the proceedings. As a business owner, you have to plan for any possibility no matter how unlikely it is. So, if you get married, you need to understand...
Pros and cons of the new Illinois construction retainage limit
People in the construction industry may have been happy to hear about the passing of a new Illinois regulation that limits retainage to 10%, according to Construction Dive. Since late August, when the governor signed the bill, not only can owners and contractors no...
Is it time to update your estate plan?
Your personal wishes dictate your estate plan, which is then molded by Illinois law. However, both your desires and state law are subject to change. This means that your current estate plan may not suit your needs in the future. Today we will take a look at situations...
Choosing people to make decisions on your behalf
Illinois residents looking for help creating an estate plan may need to consider things they did not believe were part of the process. An estate plan in your mind may have meant what happens to your items after your death. While this is true, there are aspects of your...
Does a seller have to tell you about a death in the house?
When you want to buy a new home in Illinois, you expect that the seller will tell you about anything wrong with the house. In fact, there are laws that require sellers to disclose certain things about a property to potential buyers. Generally, this is for health and...
Understanding “statute of repose” and the “right to cure”
Each state has its own laws regarding how, when and under what circumstances a person may file a lawsuit for damages caused by a construction defect. Illinois is no different. Like in every other state, Illinois law contains stipulations and exceptions within each...
