Posted on July 14, 2024 in Illinois Family Law

After a divorce or separation, parents need to be sure their children’s needs are provided for. Child support will typically be ordered, and one parent will be required to make ongoing payments to the other. Even when parents are unemployed, they may still have an obligation to provide financial support for their children. When addressing issues related to child support, an experienced attorney can ensure that the laws are applied correctly and advocate for solutions that provide for children’s needs while helping parents maintain financial stability.

Parental Obligations to Provide Financial Support

Parents have a legal responsibility to support their children financially, regardless of employment status. Courts in DuPage County and throughout Illinois prioritize the best interests of the child, ensuring that they have the necessary resources for a healthy and stable upbringing.

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 Posted on June 30, 2024 in Child Custody

While nearly every divorce will involve challenging issues, parents who split up often struggle to redefine their relationship and ensure that they can continue to provide for their children’s needs. Establishing a healthy co-parenting relationship is crucial for the well-being of children. 

By cooperating to address ongoing concerns related to children while focusing on their best interests, divorced parents can establish a supportive environment where their children can thrive. An experienced attorney can help navigate the legal aspects of co-parenting and ensure that parental rights and responsibilities are clearly defined. To create an ongoing relationship where parents can work together successfully, here are some essential tips:

Communication Is Key

Open and honest communication is the foundation of a successful co-parenting relationship. Parents can work to maintain effective communication by:

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 Posted on June 11, 2024 in Business Law

As a business owner, choosing the right business structure is a critical decision that can have long-term implications for your company's success and your personal financial health. Whether you are starting a new business or thinking about a new structure that will allow for better operation and growth, it is important to understand your options. 

Structuring your business as a Limited Liability Company (LLC) can offer significant benefits. An attorney with experience in business law can help you determine if an LLC is the best choice for your situation.

Benefits of Structuring Your Business as an LLC

An LLC combines the advantages of a corporation with those of a partnership or sole proprietorship, providing flexibility and protection. Here are some key benefits of forming an LLC:

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 Posted on May 30, 2024 in Bankruptcy

During the divorce process, a couple will need to divide many different types of assets. Matters related to property division can become complicated, and while assets will not need to be split in half exactly, the division should be fair, with each spouse receiving sufficient financial resources to address their ongoing needs while reflecting their contributions to the marriage. 

In addition to the physical property and financial assets owned by a couple, retirement assets will also be an important factor to consider, especially if either spouse will be eligible to receive pension benefits in the future. Understanding how pensions are addressed and divided during a divorce is crucial, since decisions about pensions can affect the financial future of both parties. An experienced attorney with Farooqi & Husain Law Office can help navigate these intricate issues and ensure that retirement assets and other types of property will be divided fairly.

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 Posted on May 20, 2024 in Spousal Support

In divorce proceedings, the question of spousal support—often referred to as alimony—can become a significant concern, especially when one spouse is unemployed or has been a stay-at-home parent. In Illinois, the laws governing spousal support aim to ensure a fair and equitable financial situation for both parties, ensuring that they will both be able to maintain their standard of living after the end of their marriage. An experienced attorney can help you understand how these laws may apply in your specific situation, and they can help you take steps to protect your financial interests.

Understanding Spousal Support in Illinois

Spousal support is intended to provide financial support to a spouse who may be at an economic disadvantage following a divorce. If one spouse has foregone career opportunities to support the family and is not immediately able to support themselves post-divorce, they may be able to receive ongoing support payments from the other spouse.

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 Posted on April 30, 2024 in Estate Planning

As you prepare for the future and consider how to secure your legacy, understanding how to protect your assets through effective estate planning is crucial. Whether you are concerned about managing your wealth, minimizing taxes, or protecting against losses due to claims by creditors, you can work with an estate planning attorney to address these issues. By taking the proper asset protection measures, you can make sure your money and property will be preserved and used to meet the needs of your family.

The Importance of Asset Protection in Estate Planning

Asset protection is about safeguarding your wealth from potential future liabilities, such as lawsuits, creditors, or excessive taxation. By taking proactive steps now, you can ensure that your assets will remain within your family and will be distributed correctly to your designated beneficiaries rather than being consumed by external claims.

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 Posted on April 14, 2024 in Divorce

Getting a divorce is a major life event that will require many changes to living arrangements, financial management, daily routines, and more. It requires careful preparation to ensure that legal and financial concerns can be addressed correctly. If you are planning to get divorced, an experienced attorney can provide invaluable guidance and support. They can help you understand the best steps to take to protect your rights and make sure you will be ready to address the various issues that may arise during your case.

Understanding the Legal Framework for Divorce in Illinois

As you prepare for divorce, it is crucial to have a basic understanding of the specific laws that may affect your case. Illinois is a “no-fault divorce” state, meaning that a divorce can be granted without the need to prove wrongdoing by either party. It is also an “equitable distribution” state, meaning that your marital property will be divided between you and your spouse fairly and equitably, but the split does not have to be 50/50. By consulting with a divorce attorney, you can make sure you understand all of the legal issues that will need to be addressed, including child custody, child support, and spousal support.

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 Posted on March 26, 2024 in Child Custody

In family law cases, the well-being of children is always the primary concern. Determining what is best for a child will be the top priority of a family court judge in child custody cases where decisions need to be made regarding the allocation of parental responsibilities and parenting time. If you are in the midst of a divorce or need to address custody issues as an unmarried parent, it is crucial to understand how the state of Illinois approaches these matters. An experienced attorney can guide you through the complexities of the legal system and advocate for a resolution that will provide for your child's best interests.

Key Factors in Determining Children's Best Interests

In Illinois, decisions about the allocation of parental responsibilities (legal custody) and parenting time (physical custody or visitation) are made based on what is in the child's best interests. Courts may consider a variety of factors to ensure that the arrangements put in place will promote the well-being and happiness of the child. Here are some of the key factors that will be taken into account in these cases:

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 Posted on March 07, 2024 in Divorce

When preparing for divorce, you will need to make choices about how to proceed with the legal process and how decisions will be made about the outcome of your case. Because ending your marriage will likely involve disagreements between you and your spouse, it is important to understand what methods may be used to determine to resolve these disputes and create a final divorce decree.  Collaborative divorce and divorce litigation are two options, and your choice of the best method to use will depend on a variety of factors. An experienced attorney can provide invaluable guidance on which route best aligns with your circumstances and goals.

What Is Collaborative Divorce?

Collaborative divorce is a non-adversarial process designed to ensure that divorcing spouses can work together amicably to resolve their disputes. This approach fosters a cooperative environment, encouraging the parties to prioritize their mutual interests and reach a settlement that benefits everyone involved. It can be particularly beneficial when children are in the picture.

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 Posted on February 27, 2024 in Divorce

Getting a divorce can be challenging, regardless of the situation. Gaining a full understanding of your family’s finances can be a complex matter, especially if you have been married for a long time or if you and your spouse own significant assets. This process can become even more complicated if you suspect your spouse of hiding money or property. As you address issues related to property division, understanding where and how assets can be concealed and the steps you can take to uncover these issues is essential for protecting your financial interests. An experienced attorney can guide you through this process, helping you make sure your assets will be divided fairly and equitably.

Common Ways Spouses May Hide Assets

During a divorce, some spouses may attempt to hide assets to avoid sharing them. They may attempt to conceal certain items to ensure that they will be able to keep them, or they may try to minimize the amounts of child support or spousal support they will be required to pay. Some common tactics spouses may use include:

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