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June 2018 Archives

Letting loved ones know how estate administration should happen

Illinois residents know that they have the right to choose what happens to their assets after they pass away, but far too few people actually take advantage of this right. An estate plan allows them to let their loved ones know how they expect estate administration to go. Otherwise, it will be up to the state and the courts.

Deciding how the probate process will go

Many people still question why they need estate plans. One of the primary reasons for going through estate planning is to have some say in how the probate process will go. Otherwise, the state of Illinois makes the choice of how things proceed and who receives what of a decedent's estate.

Kevin Federline wants more child support from Britney Spears

Illinois residents may have read reports that indicate Britney Spears has come a long way since the days when she shaved her head and attacked someone with an umbrella. Even so, her ex-husband, Kevin Federline, retains custody of their children. Up until now, Spears has paid Federline approximately $20,000 a month in child support, but now, her ex wants more.

Dirty tricks your ex might play to hide marital assets

With a large home, a cabin on the lake, recreational vehicles and plenty of bonuses, you and your husband enjoyed a comfortable life. Unfortunately, your comfort may be nearing an end with your impending divorce. The property you and your husband accrued during your marriage should be divided in a way that is fair and beneficial to both of you, according to Illinois law, but you worry that your soon-to-be-ex might not be honest about his assets and income.

Contingencies are vital to real estate contracts

When buying a home here in Illinois, buyers will need to make sure that if something goes wrong, they can get out of the deal. This is why contingencies are vital to real estate contracts. These provisions usually outline certain events that could make the deal null and void.