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Saving For Your Child’s College Education

by Sterk Family Law | Jul 27, 2020 | All Posts, Family, Finance

Saving For Your Child’s Education 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...

RATES REMAIN LOW, BUT HOME LOANS ARE HARDER TO GET

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...

How to calculate Illinois spousal support in 2019

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...

How to Write a Promissory Note For Personal Loans

by Sterk Family Law | Jul 30, 2019 | All Posts, Finance, Miscellaneous

It feels good to help a family member or friend by loaning them money, especially if they’re facing eviction, repossession or some other difficult life situation. While emotions may encourage you to quickly hand over money for a loved one in need, it’s smart to take a...

How Do Retirement Accounts Get Divided During Divorce?

by Sterk Family Law | Jun 11, 2019 | All Posts, Divorce, Finance

Retirement Accounts And Divorce Whether we have been working for 10 years or 40, most of us take time to consider what our lives will be like during retirement. As we envision our ideal retirement lifestyle, a central part of the contemplation involves how we can set...

Preparing for the Financial Affidavit Process

by Sterk Family Law | Jul 26, 2018 | All Posts, Finance, General Family Law, Miscellaneous

Preparing for the Financial Affidavit Process If you find yourself headed into family court as a party in a divorce, paternity or parentage case, you’re probably feeling a mix of overwhelming emotions. You should also be prepared for what could be a lengthy process,...
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Recent Posts

  • Common Questions About Spousal Maintenance
  • When to Get Divorced: How to Know When the Time is Right
  • How to File for a Stalking No-Contact Order in Illinois
  • Protecting the Privacy of Mental Health in Court
  • Child Advocates In Divorce Cases

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