Russell Knight
A broken marriage can be the final result of a series of financial disasters. When a couple experiences loss of income, additional expenses and debt, that couple will end the year without paying their taxes in full. That leaves the…
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People are getting married a lot less but they’re living together as couples without being married. How can these couples memorialize their living arrangement? How can couples buy property together and later divide those purchases if they break up…all without…
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Social media; Facebook, Instagram, TikTok, Snapchat, Twitter, etc., has changed everything. Like a giant wall of public graffiti, social media has exposed everyone’s inner most thoughts (if they cared to share them) to the world. These thoughts can later be…
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Illinois family law has a lot of buzzwords that divorce lawyers understand (or pretend to) that regular people can’t seem to wrap their head around. “Constructive trusts” is one of those buzzwords. If you search for “constructive trust” in the…
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For most people, tax issues are not a big issue in their Illinois divorce. After any remaining tax debts are allocated, the only issue is who declares the children on their taxes in which years. For the wealthy, taxes are…
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Most people’s divorces are quite financially, simple. The house gets sold, the proceeds divided, the 401ks and retirement accounts get QDRO’d, child support and alimony get calculated pursuant to the statute. Wealthy people’s divorces get a lot more complicated. The…
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As a married couple ages, they refinance their house and lower their mortgage payment, the kids leave the home and suddenly there’s extra income. Many couples take this opportunity to buy a second home. A second home allows a couple…
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Married couples drift apart. Some married couples literally drift oceans apart to the point where they are no longer in the same country. When the member of the couple that is an Illinois resident files for divorce, that person needs…
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Our lives are documented by our computers. All of us carry a tiny computer on us or next to us 24 hours a day that we refer to by just one of it’s functions: a phone. What we did. Who…
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There are a lot of ways to get entry to the United States. One way to immigrate to the United States is by securing an H-1B visa. The recipient of the H-1B visa can then also apply for their spouse…
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