On behalf of The Walters Law Group, Ltd. posted in Family Law on Tuesday, January 14, 2014. When divorce is inevitable, it makes sense to consider financial planning for the ease and benefit of everyone affected. In Illinois, there are obvious economic issues to address like child support, spousal support, and property division, but in the event a divorce will not likely be amicable, it is important to take precautions to protect your assets. Before filing for divorce, take a deep breath, create a file from copies of your financial records goingContinue reading
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Illinois same-sex couples may have to file separately
On behalf of The Walters Law Group, Ltd. posted in Family Law on Wednesday, October 16, 2013. Illinois residents may have heard that while the IRS has stated that it will allow same-sex couples to file joint federal tax returns, in early October, some states moved to disrupt such trends at lower levels. In places like Kansas and North Dakota, officials have written letters and made declarations that same-sex couples will have to file single rather than joint state tax returns. Reports did not say how these new rule-making attempts might playContinue reading