Unlike many other states which refuse to opine on college costs of emancipated children, Illinois is one of the few states that has jurisdiction over divorcing/divorced parents (or parents who have never been married with college age children) and that can order them...
With You At Every Step
Anne Prenner Schmidt, Esq., Master of Laws
Photo of attorney Anne Schmidt
Year: 2022
Anne Prenner Schmidt, Esq., Master of Laws
Year: 2022
Why Offsetting Pensions in Divorce Might Not Be the Unicorn Solution You Are Hoping For…Using Present Value of a Future Pension as an Offset for a Current Marital Asset in Divorce
Our firm is often approached by parties and counsel to determine the present value of a future pension. The goal being to assign an exact dollar amount to a future payout in order to offset an asset currently held in the marital estate. Red flags immediately are...
Mitigating Risk for Your Client in a Volatile Market
Navigating property division during a divorce can be an emotional and exhausting journey. At times, spouses find it easier to simply split marital property equally, 50/50 not knowing that other division options may be available. Both parties are ready to close one...