Is it too late for a prenup if I’m already married? In Illinois, prenups become effective on the day that you and your betrothed are legally married. If you’re past that point, a prenuptial agreement is no longer a valid option. That does not mean it is too late for you and your spouse to protect yourselves and your respective …
Illinois Prenups: When Are They Unenforceable?
Not all prenuptial agreements are created equal. Sometimes, in the course of a divorce proceeding, the court will strike down a prenup and refuse to enforce it between the divorcing parties. If you are working with an attorney to draft a strong prenuptial agreement between you and your betrothed, or if you have a prenup and are contemplating a divorce, …
What Do Prenups Oftentimes Discuss?
I note three key issues usually discussed in prenuptial agreements in this short video. They are the identification of separate/ marital property, spousal maintenance and estate rights. Interested in a free 15 minute consultation on a nuptial agreement? Please contact cari@rinckerlaw.com or call (217) 531-2179.
Ask Cari: Is my inherited IRA included in my child support and maintenance calculations?
What is considered income for child support and maintenance calculations during a divorce can be very complex especially when it comes to inheritance. The Illinois Supreme Court recently helped to uncomplicate one gray area when it held that mandatory individual retirement account (IRA) distributions and withdrawals are considered income when calculating child support and maintenance calculations In re Marriage of …
Child Support During High Inflation
In the first quarter of 2022, inflation is up over 8%, the highest since the early 1980s. With this high inflation rate, you are likely paying more for everything for your child – from gas in your car, to diapers and music lessons. Maybe you’re wondering if your child support payments can go up to match your increased costs. Unfortunately, …
Business Ownership and Divorce: What You Need to Know
Divorce is rarely simple. When two people’s lives are intertwined—physically, emotionally, and legally—separating the individual strands can be a task akin to untying the Gordian knot. The longer a couple has been together and the more they share, the more difficult this task becomes. It can be even more difficult if the divorcing couple co-owns a business or one spouse …
Illinois Prenups: What You Need to Know to Get Started
Do I need a prenup before I get married? No one gets married with the intention of getting divorced, but it is always a good idea to protect your rights and your property in the event that life does not goes as planned, regardless of your financial circumstances. Divorce is inevitably complicated, contentious, and unpredictable. In Illinois, the law requires …
Illinois Family Law: Grandparent, Sibling and Step-Parent Visitation
Grandparent, great-grandparents, siblings, or step-parents can bring a petition for visitation and electronic communication (i.e., face to face time and electronic-based time) for a child one year of age or older if the denial of visitation by the parent causes harm to the child’s mental, physical or emotional health and if one of the following exists: (A) the child’s other …
Ask Cari: If a Parent Receives Money as a “Gift”, Does it Count as Income for Child Support Purposes?
Dear Cari, My parents give me money each month as I’m still a college student. Will this count as my “income” for child support purposes? I live in Urbana, Illinois. Thanks, Todd Dear Todd, Yes, the courts have the ability to consider that income. Consider these cases: In Re Marriage of Rogers, 213 Ill 2nd 129 (2004), which set forth …
Modifying Child Support in Illinois
Modifications to a child support order in Illinois can be granted based on a “substantial change in circumstances” since the last child support order was entered. In addition, a child support order can also be modified if the petitioner can show that the obligor’s child support obligations differ from the guidelines set forth in the Illinois Marriage and Dissolution …
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