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A significant change to the tax law regarding maintenance will pose a significant impact for divorcing couples in 2019. Maintenance has traditionally been a tax deduction for the payer and taxable for the recipient. This arrangement in the tax law will conclude this year. Beginning 2019, the payor will no longer be receiving a deduction. This change does not only
(CNN)Mothers often complain about getting the short end of the stick in divorce cases involving child custody, but so do many fathers. For parents who are trying to juggle shared custody, child support payments and their careers — finding the right life-balance can seem impossible. Sometimes disagreements escalate into messy legal battles that require judges, attorneys and therapists to step
According to an annual report released on Wednesday by the United Nations Population Fund (UNFPA), 40% of all US births happen outside of marriage indicating cultural and economic changes. The article states that several factors are at play here which include a supportive welfare system, delayed motherhood, an increase in cohabiting adults, a decrease in the marriage rate, among others.
Now is the time to get your house on the market. According to Illinois Realtor Association the first quarter sales showed growth over last year’s first quarter. Interest rates are still low, but are going up, and buyers are not finding enough inventory. If you are just now thinking about listing, we can get you in contact with the perfect realtor
The law firm of Vaclavek Stassen, P.C. is proud to announce that Tom Vaclavek was honored by the McHenry County Bar Association for his active involvement in the community at the annual Law Day presentation on May 4, 2018. Tom was presented with the McHenry County Bar Association Distinguished Service Award in recognition of his dedicated service and contributions to
Saying the law is essentially antiquated and violates the equal protection rights of divorced parents, a DuPage County judge has found a state law requiring divorced couples to fund their children’s college education to be unconstitutional. On May 4, DuPage County Circuit Court Judge Thomas A. Else ruled the 40-year-old Illinois law cannot be used to force a divorced father