by Gwendolyn Sterk | Feb 17, 2026 | Divorce, Financials
If you live in Illinois, you know that property taxes and state income taxes can quickly become a heavy burden. In the past, the federal deduction for these costs, known as the State and Local Tax (SALT) deduction, was limited and left many families paying more than...
by Gwendolyn Sterk | Feb 12, 2026 | All Posts, Divorce
How Mortgages and Refinancing Impact Illinois Divorce Deciding who keeps the “marital home” is one of the most emotional hurdles in a divorce. While much of this desire is centered on memories and stability for children, the financial reality is often...
by Gwendolyn Sterk | Jun 24, 2025 | Divorce
Divorce proceedings can be emotionally taxing and legally complex, especially when unexpected financial matters arise during the process. One situation that may cause confusion is receiving an inheritance while a divorce is pending. If you or your spouse has received...
by Gwendolyn Sterk | Jun 20, 2025 | Divorce
When going through a divorce, one of the most important and often confusing issues is how property will be divided. Illinois follows the principle of “equitable distribution,” which means that marital property is divided fairly but not always equally between spouses....
by Gwendolyn Sterk | Jun 11, 2025 | Divorce
Divorce is never easy, and when one spouse is legally incompetent or under adult guardianship, it becomes even more complex. Emotionally, these cases may often involve grief, fear, or guilt. However, these cases require extra legal steps to uphold the due...
by Gwendolyn Sterk | Apr 25, 2025 | Divorce, Family, General Family Law, Post-Decree Matters
Dividing property in a divorce is rarely straightforward, especially when that property includes stock options, restricted stock units (RSUs), or other types of deferred compensation. These assets often don’t show up on tax returns or bank statements, but they can...
