When it comes to premarital or non-marital property, title matters. It's a common misconception that once you are married, half of everything each spouse owns belongs to the other spouse. As a result, people often see little harm in transferring a pre-marital asset titled in their own name into … [Read more...] about Pre-Marital Property – Title Still Matters
Archives for January 2016
Income Shares Comes to Illinois
With the passage of income shares legislation (Pub. Act 100-15), Illinois law regarding child support dramatically changes. Prior to the passage of the income shares legislation, Illinois had comprehensive changes to its family laws in virtually all areas other than child support. This is because … [Read more...] about Income Shares Comes to Illinois