Couples Filing Taxes Jointly Most Americans recently filed their income tax returns. Did you carefully look over the completed forms before you signed? If you plan to divorce this is especially important. When married couples file joint returns, the law holds both spouses liable for the taxes, interest and penalties – even when one spouse may not have been aware of the their spouse’s misreporting of income or expenses. In certain situations, the IRS provides an out for taxpayers. This i... Read more ...
Posts By: MICHAEL C CRAVEN
Celebrity Divorces: Reality or Reality TV?
Celebrity-Divorce Celebrity divorces usually involve two people that we have never met, yet as a society, we tend to be very intrigued by them. They very often deal with the same types of issues, such as custody battles, consulting a divorce lawyer, and prenuptial agreements. Even though we don’t personally know the celebrities on TV or in the magazines, there are a few different reasons that can explain why we care so much: Following celebrities and their divorces can be a good distractio... Read more ...
Advice Regarding Child Support From Divorce Lawyers Chicago
Child Support in Divorce When dealing with divorce, if you have children, an agreement regarding child support needs to be made when discussing a settlement. A recent potential client I met with asked me a question about her particular situation. Although every case is different, and settlement terms must be dependent upon the facts and circumstances of each case, I realized that her question comes up frequently. If your case involves a similar issue, the following Q & A might give you ... Read more ...
Valentine’s Day Divorce?
Valentine’s Day Divorce Valentine’s Day has always been a holiday filled with cards, roses, and candies, but according to a recent article in The New York Post, divorce filings actually increase this time of year. “Over the past two years we’ve seen an average increase of 40 percent in the number of requests for divorce lawyers around Valentine’s Day, compared to the previous six months,” said Mark Britton, founder and CEO of Avvo.com. “Furthermore, the... Read more ...
Civil Union Bill Signed in Illinois
Civil Unions in Illinois In a historic moment, yesterday, Illinois Governor Pat Quinn, signed the civil union bill which allows same-sex couples many of the same rights as married couples. While Illinois is the sixth state to recognize civil unions and domestic partnerships for same-sex partners, it still does not allow gay marriages, as do five other states, including neighboring Iowa, and Washington DC. The law takes effect on June 1, 2011. Some of the key protections relat... Read more ...
Elizabeth Edwards Dies Before Divorce is Final
Sadly, Elizabeth Edwards, the wife of former presidential candidate John Edwards, died on December 7th. Her will was released and there has been much reported about the fact that she made no mention of her estranged husband in her will . Although the bulk of her wealth will pass through her trust which remains private and may have provisions for John Edwards, the passing of Elizabeth Edwards raises important points anyone considering divorce or in the process of divorce should be aware of. Will... Read more ...
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