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January 2018 Archives

Changes coming to spousal support under tax bill

Due to provisions of the tax law overhaul that was signed in December 2017, many Illinois couples in unhappy marriages might find a new reason to call it quits sooner rather than later. An attempt to avoid a provision in the new law that will soon make alimony payments more costly could produce additional filings. This part of the tax bill will be effective for divorces finalized in 2019 and thereafter.

How can you shield assets from the probate process?

Estate planning is something that not everyone does, even though it is something that everyone should care about and address. but we are human, and as such, we are imperfect. We prioritize things we shouldn't, and leave important things on the back burner. Estate planning is often one of these "back burner" items. For those that do address their estate in a timely and appropriate fashion, avoiding the probate process is a goal that most people strive for.

Do you really need a lawyer to buy or sell a home?

Buying a home in Illinois is an exciting step for your family, but you would be wise to take measures to ensure that you avoid as many issues and complications as possible. When you work to avoid problems before they happen, it can save you significant time, money and stress as you work to reach your real estate objectives.

Schlueter Ecklund & Davitt
4023 Charles Street
Rockford, IL 61108

Toll Free: 800-207-5133
Phone: 815-516-8264
Fax: 815-229-0733
Rockford Office Location