by Sterk Family Law | Feb 16, 2021 | Divorce, Estate Planning, Family, General Family Law, Miscellaneous
There is a saying that the “first step is always the hardest.” Throughout our lives, we take many first steps and some are much easier than others. As a toddler, generally, a child learns to crawl before they gain the courage to pull themselves up and take...
by Sterk Family Law | Apr 2, 2021 | All Posts, Divorce, Finance
This is the second part in a series discussing what happens when a married couple with shared business interests decide to divorce. The first part of the series explains the types of business interests spouses may share. Part of the process involves valuing...
by Sterk Family Law | Mar 11, 2021 | All Posts
When confronted with the thought of estate planning, most people come up with reasons to put it off. “I’m too busy.” “I don’t have the money.” “I don’t want to think about it!” Few of us want to face this unpleasant task, which takes time, costs...
by Sterk Family Law | Feb 26, 2021 | All Posts, Divorce
Divorce cases get complicated quickly, and sorting out a shared business can cause even more confusion. Couples who co-own or co-operate a business face serious decisions during divorce, including the division of assets and the future of their involvement. Before...
by Sterk Family Law | Jan 26, 2021 | All Posts, Cohabitation Agreements, General Family Law, Prenuptial Agreements
Prenuptial agreements suffer a bad reputation, thanks to years of dramatic depictions in movies and TV shows. Usually, the person suggesting a “prenup” appears selfish, while the other partner is characterized as a victim of avarice whose trust has been shattered. In...
by Sterk Family Law | Jan 14, 2021 | All Posts, Divorce
Mixing money can get messy between two married people. Even happy couples fight over finances, so when couples divorce, money usually becomes a serious sticking point. As a marriage deteriorates, sometimes one spouse takes advantage of the situation or reacts in a...
by Sterk Family Law | Dec 28, 2020 | All Posts, Child Support
In Illinois, the collection of child support is serious business. This state has well-established laws, and clear public policy, that favors the payment of child support, to promote the support of the family. In short: Pay your child support or you may suffer the...
by Sterk Family Law | Dec 14, 2020 | All Posts, Divorce
This past year, COVID-19 typically had negative effects on people’s way of life and their working environments. The change in pace, for some, was an extreme shock. The fear of contracting the virus or transmitting the virus to a loved one was always present. But as...
by Sterk Family Law | Dec 7, 2020 | All Posts, Divorce
During the course of your marriage, you and your spouse may have decided to purchase commercial real estate as a means of additional investments. If you’re considering divorce or in the process of a divorce, the commercial real estate investment you two have is...
by Sterk Family Law | Dec 4, 2020 | All Posts, COVID-19
Here we are, in the final weeks of 2020. I am sure when everyone was making their goals and resolutions for this year, they didn’t plan for a global pandemic and for a face mask to become their newest accessory. By now, I would be surprised if there is a single person...