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 …
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, …
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 …
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 …
Rincker Law, PLLC has been using Cosmolex for the last year. Cosmolex offers an opportunity for us to have a Client Cosmolex Portal. Client invoices, court pleadings, and correspondence is saved into your Cosmolex portal. You are also able to upload documents into the portal to send them to us. This can work great for confidential documents such as tax …
I’m very proud of my Simmental roots and incredibly honored to have been featured in the October issue of the Register by the American Simmental Association. You can find the article on Page 20 of this issue. It highlights my activities with the American Junior Simmental Association, which played a significant role to my path to success, and what lead …
A divorce just takes one party to want to get a divorce in most states. States like Illinois and New York both require the “ground” that the marriage is irretrievably broken. Similarly, it only takes one party to state under oath that the marriage is irretrievably broken. It doesn’t mean you two aren’t having sex or aren’t living together – …
This time of year is my favorite season — and sometimes I refer to it as Prenup Season. Why? Couples planning to tie the knot this spring or summer may be considering a prenup. I also posted a quick video here on the topic. Here are three tips for the betrothed who want a prenuptial agreement: The sooner, the better. …
Our phones have been ringing off the hook during this pandemic – we have all been affected by this virus and it’s times like now that remind us about what is important in life. Here are 3 considerations/ reminders during this time: Parenting Time During Shelter in Place- Most states have carve-outs during the shelter in place for parenting time. Speak …