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18 Mar 2021, 11:22 am by Laura E. McGarry
We provided guidance on managing COVID-19 related changes in specific areas of the law, including divorce, custody, protection from abuse actions,  estate administration, and estate planning. [read post]
1 Mar 2021, 4:38 am by Russell Knight
” 750 ILCS 5/502(b) A waiver of a spouse’s rights to their spouse’s estate in a post-nuptial agreement would be considered especially knowing as a spouse would be, presumably, more familiar with their spouse’s estate. [read post]
28 Feb 2021, 6:16 am by Russell Knight
The post Trust Funds For Children And Divorce In Illinois appeared first on Russell D. [read post]
24 Feb 2021, 6:09 am by Brandon Harter
Russell, Krafft & Gruber’s team is committed not just to helping our clients but to supporting the health of the entire legal community. [read post]
19 Feb 2021, 3:00 am by Jim Sedor
Now Out of Office, Trump May Have to Face Tax Questions MSN – Jonathan O’Connell, David Fahrenthold, and Jeff Stein (Washington Post) | Published: 2/11/2021 When former President Trump returns to his business, he will face some challenges, such as declining real estate income and investigations from New York authorities. [read post]
30 Jan 2021, 1:38 pm by Russell Knight
” 750 ILCS 5/602.10(g) “The presumption of marital property is overcome by showing through clear and convincing evidence that the property was acquired by a method listed in subsection (a) of this Section or was done for estate or tax planning purposes or for other reasons that establish that a transfer between spouses was not intended to be a gift. [read post]
24 Jan 2021, 8:18 am by Russell Knight
 2004) If the parents were not married or there is no marital estate to divide, you’re going to have to wait for the parent to be released to ask for the payments on what is owed. [read post]
22 Jan 2021, 5:22 pm by Russell Knight
“An Illinois court of competent jurisdiction in a proceeding for declaration of invalidity of marriage, legal separation, or dissolution of marriage that provides for support or the distribution of property, or any proceeding to amend or enforce such support or property distribution, may order that all or any part of any (i) member’s retirement benefit, (ii) member’s refund payable to or on behalf of the member, or (iii) death benefit, or portion thereof, that would otherwise be… [read post]
10 Jan 2021, 11:53 am by Russell Knight
“Any person, whether or not a citizen or resident of this State, who in person or through an agent does any of the acts hereinafter enumerated, thereby submits such person, and, if an individual, his or her personal representative, to the jurisdiction of the courts of this State as to any cause of action arising from the doing of any of such acts: (1) The transaction of any business within this State; (2) The commission of a tortious act within this State; (3) The… [read post]
1 Jan 2021, 6:50 am by Russell Knight
Contact our Chicago family law firm for a free, no-obligation consultation with a Chicago divorce attorney, The post IRS Tax Debt And Divorce In Illinois appeared first on Russell D. [read post]
26 Dec 2020, 5:28 pm by Russell Knight
Constructive trusts are exempt from the Statute of Frauds, so no written document is required, even if real estate is the subject of the constructive trust. [read post]
24 Dec 2020, 5:52 pm by Russell Knight
A married couple’s portfolio is diversified by having additional real estate in a different community. [read post]
10 Dec 2020, 8:30 pm by Jim Sedor
National/Federal Barr Taps Durham as Special Counsel, Pushing Probe into Biden Era Politico – Kyle Cheney and Josh Gerstein | Published: 12/1/2020 Attorney General William Barr appointed U.S. attorney John Durham as a special counsel to investigate the origins of the FBI’s probe of Russian interference in the 2016 election. [read post]
8 Dec 2020, 1:55 am by Kevin Kaufman
Executive Summary Introduction The Current Crisis in Context — New York’s Competitive Standing — New York’s Recent Reforms — New York’s Budget Gap — Prospects for Federal Relief — The State and Local Tax Deduction (SALT) Cap and New York’s Fiscal Capacity — New York’s Convenience Rule and the Future of Remote Work Evaluating New York’s Revenue Options — Mark-to-Market Taxation of Capital Gains Income — Stock… [read post]
26 Nov 2020, 5:43 am by Russell Knight
Therefore, is easy to imagine a royalty interest being inherited or gifted from a parent or even a grandparent’s estate. [read post]
21 Nov 2020, 6:39 am by Russell Knight
“All the property of the parties to a marriage belongs to one of three estates, the estate of the husband, the estate of the wife, or the marital estate. [read post]
18 Nov 2020, 7:03 am by Nichole M. Baer
In this rapidly evolving age of technology adaptations, Russell, Krafft & Gruber LLP is here to answer your technology-related legal questions. [read post]
14 Nov 2020, 11:57 am by Russell Knight
Many assets such as some real estate and stocks which don’t pay dividends merely increase in value. [read post]