Recent Blog Posts
Dealing With An “At Fault” Uninsured Driver
Nothing is more stressful than being involved in a car accident. The damage to your vehicle, injury to yourself and your passengers, and the ongoing mental anxiety of getting back behind the wheel are all situations that you may experience. Once the initial impact has passed and the details are being assessed by the first responders, the issue of who caused the accident, or who was at fault, must be determined.
If it turns out the other driver was at fault and does not have insurance, where does that leave you? How will you recover from your injuries and/or damage to your car?
Many people do not know what rights they have until it is too late. Seek the professional help of a personal injury attorney who will advise you of your rights and work diligently to see that you are compensated for your injuries and losses.
Car Insurance Companies Avoiding Payouts
Business Valuations in Divorce
Complex and emotionally triggering in almost every way possible, divorce can ultimately result in the dissolution of a business. As such, owners are often wary of the process, and may even resort to criminal activity to protect their investment. Others may attempt to use the company as leverage or a way to seek revenge. Whatever your situation - no matter how contentious it may be - the following information can help. It explains the business valuation process and lets you know what you can expect. You will also learn how to ensure that you and/or your spouse’s business is accurately valued so that you can maximize your chances of getting the divorce settlement you deserve.
How the Value of a Business is Determined
Business valuation is a complex process with numerous factors to consider. Debts, assets, liabilities, and previous earnings history are analyzed. Future earnings and potential tax obligations are estimated as well. A business analysis expert then uses this information to calculate the overall value of the business, which is then added to the total value of the marital estate. This does not mean the business will be split equally, however. Instead, each party’s financial needs, future earning potential, potential tax obligations, contributions to the business, and other financial factors are examined. This is then used to determine what their equitable (“fair”) share of the business and marital estate should be.
New Changes Coming to Family Law in 2017
As the calendar turns, signifying yet another year, Illinois will be making some changes to family law. If you are preparing for a divorce in 2017, learn what these changes might mean for your case, and how you can effectively prepare for them with the experienced assistance of a legal professional. The following also contains important information how those who already pay or receive child support may be impacted by the change.
How Child Support Calculation is Changing
In August of 2016, Governor Bruce Rauner signed a bill that changed two specific areas of the Illinois Marriage and Dissolution of Marriage Act (IMDMA) - 750 ILCS 5/505 and 750 ILCS 5/510. These areas pertain to how child support is calculated during the divorce process.
Under the old law, supporting parents paid a minimum percentage of child support. This was based upon their net income and the number of children they shared with the receiving parent. Income of the receiving parent was not considered.
The Future of Birthright Citizenship
The United States has held that if a person is born within the jurisdiction of the country (on its soil, or on its bases or possessions abroad), then he or she has citizenship as a result. This is known as birthright citizenship, and for many years it was considered standard practice, without controversy. However, given the policy positions articulated by Donald Trump during his 2016 presidential campaign, the issue has become somewhat of a hot topic again, as it was in the past. In the current time, it is simply a good idea to understand which rights come with birthright citizenship, and which rights one might stand to lose if it is eliminated.
History of Birthright Citizenship
Many countries worldwide confer birthright citizenship, but not all. The United States established the practice with the passage of the 14th Amendment in 1868, though it has its roots in English common law, which is the cornerstone of U.S. jurisprudence. The amendment did not initially apply to Native Americans, who did not receive official birthright citizenship until 1924, though many were already citizens.
Critical Financial Moves to Make during Your Divorce
Divorce is certainly an emotionally difficult process, and divorcees should do all that they can to ensure they have adequate support throughout the process. Yet the recovery from this aspect of divorce is often less difficult than the financial recovery. In fact, one study suggests it could take 5 years or longer for some to fully recover from the financial repercussions of divorce. Thankfully, it is possible to mitigate this risk. The following information explains further.
Choose Your Assets with Care
All too often, divorcees let emotion override reason, and that can place one or both parties at serious financial risk in the years to come. This is particularly true when it comes to choosing assets - namely assets that carry both emotional ties and significant financial implications, such as the family home. Avoid making this common mistake by critically assessing your situation. If you take the house, can you truly afford the payments, taxes, and upkeep? Or would you be better served by selling the asset and then taking a monetary settlement?
I’m Inadmissible! What Are My Options?
When someone applies for a U.S. visa, his or her ability to obtain it is not guaranteed. The individual may be denied because he or she is what U.S. law refers to as inadmissible. In other words, the person has a reason, or multiple reasons, that the issuing authority believes he or she will either overstay the visa, or use his or her time in the U.S. to act in ways that are illegal or unethical. However, sometimes a denial can adversely affect someone’s life or livelihood, and someone must work to get around a finding of inadmissibility. There are a few ways this can be achieved.
Waivers and Exceptions
The Immigration and Nationality Act (INA) lists several grounds on which someone may be declared inadmissible. Some include carrying communicable diseases, having committed a crime of moral turpitude or an immigration violation (the two are not necessarily identical, but they are not mutually exclusive), and the potential to become dependent on government assistance. However, it is possible to apply for a waiver for many of these grounds, though there is no guarantee the waver will be granted. People who have committed more severe crimes such as aggravated felonies or terrorism are generally ruled inadmissible, but under a permanent bar, with no possibility of waiver.
Holiday Drinking and Driving
The holiday season is in full swing and the New Year is almost upon us. While invitations for get-togethers and celebrations are flowing, soon will be the drinks. From eggnog to top shelf spirits, enjoying alcohol responsibly is important for your safety and for those around you. The National Highway Traffic Safety Administration estimates that 47 percent of Illinois motor vehicle fatalities involve alcohol.
Even though it is easier than ever to hire a designated driver, rideshare, or taxi cab, people still decide to get behind the wheel after they have been drinking. This puts their lives, as well as innocent people around them, at risk of injury or death.
If you or a loved one has been involved in an accident where drunk driving is suspected on the part of the other driver, retaining the services of an experienced personal injury attorney is advisable. A legal team can support you, and has the resources and tools to investigate fully and seek the best result for you. If you received serious injuries, medical care can be costly and lengthy and the mental anguish can linger for years to come.
Illinois Divorce Basics: Alimony and Taxes
Not all divorces include alimony (also known as spousal support), but some do. Unfortunately, not every divorcee is prepared for the tax implications of such a provision, and they may be ill-advised by unreliable sources. If you are filing for divorce expect to pay or receive alimony, the following can help you better understand your potential tax obligations. It also provides some key information on how to ensure your best interests are preserved during a divorce with a possible alimony award.
Tax Deductions and Paid Alimony
When the courts award alimony, the paying spouse is often allowed to claim these payments on their taxes. There are some stipulations, however. The Internal Revenue states that you must be able to provide a divorce or separation instrument that states the amount you are ordered to pay. This can come in the form of an official divorce decree or separate maintenance, a written separation agreement, or any other form of decree stating that alimony has been awarded. It is also important to note that the document does not have to be considered valid to claim spousal support on your taxes, but it may be considered void if a court has deemed it invalid. Further, you do not have to itemize your deductions to claim a deduction for alimony paid.
New Regulations Regarding Currently Pending Marijuana Cases
On July 29, 2016, Governor Rauner signed SB 2228, which changes the sentence for possession of small amounts of marijuana from jail time to a fine, usually between $100-$200. The change will reduce the amount of taxpayer dollars spent on incarcerating prisoners, as well as the strain on the court system. However, since the offenses in question were formerly criminal in nature, there is no law on the books that addresses them now that they are civil. To work around this problem until legislation can be passed, the Illinois Supreme Court has issued several new procedural rules to use in the interim.
The decision to decriminalize possession of less than 10 grams of marijuana was implemented officially on September 1, and will have positive effects on the state’s budget if the financial impact analysis performed by the Illinois Sentencing Policy Advisory Council (ISPAC) holds up. In order to help the adjustments to the law be processed smoothly by both state employees and offenders, though, regulations have been propagated by the Supreme Court to ensure that the process is respected.
Have You Been in a Car Accident? Be on the Lookout for Common Injuries
Following an accident, it is important to be aware of the symptoms of car crash injuries. While injuries may be immediately apparent in the case of broken bones or cuts, other injuries do not become apparent until well after an accident. Also, not all injuries from an accident are physical. Injuries can be mental or emotional as well.
According to the National Highway Traffic Safety Administration, the number of car crash injuries has remained more or less the same despite the number of car crash fatalities decreasing over the years. In fact, the Center for Disease Control notes that Americans spend one million days in the hospital each year for injuries related to automotive accidents.
In the days and weeks following an auto accident, it is important to take careful note of how you are feeling. Writing down this information is a good idea, as is going to a doctor since increasing pain often does not resolve itself on its own.