The phrase right of first refusal means different things depending on what area of law one is discussing. In the world of family law, the right of first refusal refers to the option of one parent to watch a couple’s children when the other parent needs child care. The right of first refusal can be […]
There a lot of reasons why a doctor in the Peoria area may need to figure out how much her medical practice is worth, assuming of course that she is in business for herself. For example, she may wish to break off from her partners to take a new and better direction in her career, […]
The divorce process forces you to spend a good amount of time learning more about your assets and debts. It’s common to focus most of your attention on property division, such as who gets the house and cars, but you shouldn’t sweep your debt under the rug. Neglecting to tackle this head on can result […]
Child support is supposed to cover many of the daily expenses that Peoria, Illinois, parents incur when they are trying to raise their children, expenses such as clothing, food and the cost of shelter, not to mention other important costs like education and even the occasional gift or treat. When parents are living apart, the […]
Many couples in the Peoria area may enjoy collecting fine art both from already famous artists as well as from those who may be up and coming in the art world. People with the money to do so may find this hobby quite enjoyable for a number of reasons. When a married couple decides to […]
A previous post on this blog talked about the special issues that get raised in allocation of parental responsibilities cases where domestic violence is an issue. To summarize that post, the good news, or bad news, for parents is that a credible accusation of domestic violence, even when no criminal charges are filed, will be […]
The prevailing wisdom when it comes to allocation of parental responsibilities these days is that the best interests of a child are served when both parents share in the important aspects of a child’s life and have plenty of time to raise and care for the child. Indeed, many Peoria parents likely find this sort […]
Relatives recently, Illinois joined the majority of other states by adopting support Guidelines based on an income shares model of figuring child support. In plain English, this means that in order to calculate child support, the court considers the incomes of both parents. After taking applicable deductions to get net income, the court uses a […]
No matter what brings divorce knocking at your door, the effects are often devastating if you do not approach the process with a clear understanding of your priorities. A strong legal strategy can help you protect these priorities, but only if you take the time and effort to build it before you are too far […]
It is important for those who are going through a divorce or legal separation, or even some sort of non-marital breakup, to be aware of the difference between market value and sentimental value. The reason is that knowing the difference, and knowing how to recognize each, can be key to getting a fair property division […]