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 | Aug 10, 2020 | All Posts, COVID-19, Finance, Other Legal Matters
In response to the economic effect of the pandemic, Illinois Governor J.B. Pritzker issued an Executive Order that stayed the enforcement of evictions in this state. The Executive Order 2020-30 (hereinafter “Order”) has been amended and extended since it was...
by Sterk Family Law | Aug 5, 2020 | All Posts, COVID-19, Finance, Miscellaneous
Back in June, we posted a blog about the Illinois Supreme Court postponing the bar exam to September 9 and 10, 2020. Since posting that blog, there has been an update to the Illinois bar exam. One of the problems raised in our earlier blog was the uncertainty of...
by Sterk Family Law | Jul 27, 2020 | All Posts, Family, Finance
It is customary, nowadays, that parents build a college fund for their minor child. College funds are typically funded by the parents, and sometimes they are funded by grandparents. These accounts, no matter what depository company is used, are in the name of one...
by Sterk Family Law | Jul 6, 2020 | All Posts, Finance, Miscellaneous
While I would not say the Chicagoland real estate industry is booming (we are definitely below the expectations for the peak buying season due to Covid-19), there is still a good deal of activity in the marketplace. Many people are sticking to their long-term plans of...
by Sterk Family Law | Oct 16, 2019 | All Posts, Divorce, Finance
Spousal support, which is known to many people as alimony, is payment made from one former spouse to the other to offset the financial burden of divorce. While the notion of turning over a portion of their salary to their ex-spouse upsets some people, the current...
