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Making Your Estate Plan – Did You Remember Technology?

We live in a digital world where bank accounts, credit cards, media and an abundance of other personal information can be accessed through some means of technology.  While this accessibility can make life easier now, have you ever thought about what would happen to all your virtual content if your life suddenly ended? Most people

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Filing for Bankruptcy? You Still Have to Pay Child Support

When you file bankruptcy you’ll still be responsible for paying child support. Congress has declared child support to be a priority debt, meaning it’s too important to be “wiped out.” Though you will still be responsible for all child support debts and payments, there are ways filing bankruptcy can help. Bankruptcy Options There are two

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I’m Not Happy with My Divorce. Can I Appeal the Ruling?

You have the legal right to appeal the ruling of your divorce. Taking a ruling from the trial level to the appeal level is an extensive process, which usually takes over a year to accomplish. To ensure your best chance of success, educate yourself on what’s involved in the appellate court process before you appeal.

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Choosing A Guardian For Your Child

If Something Happens To Me, Who Would I Want Raising My Children? There’s little more unsettling than the thought of relatives arguing and a judge deciding who should care for your children if you and your spouse were to pass unexpectedly. Your children shouldn’t have to deal with that kind of stress on top of

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Estate Planning for Young Families – Why It Is So Important

Accidents and illnesses are rarely predictable, but can leave a person at any age unable to provide for their family.  An Estate Plan can safeguard your loved ones from the hardship of life without you and is the most responsible way to show you care. An Estate Plan can be very minimal in the beginning,

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What You Can Do When Facing Foreclosure

Ignoring the issue when facing foreclosure of your home will make matters worse. You have time to make things right before you’re required to leave. Foreclosure Details At Sherer Law Offices, we understand that life can get tough and that unforeseeable circumstances can occur. Your mortgage lender is also likely to be understanding, so it

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How Does Marital Property Get Divided?

More than 95% of divorces are settled outside of court, according to Forbes.com. Divorce settlements are best kept out of court for good reason. Marital property can be tedious to divide by law in states that require equitable distribution. Illinois happens to be one of those states. Equitable distribution claims to be equitable, or fair,

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Tips On Protecting Yourself When Your Ex Files for Bankruptcy

A divorce can determine by law that your ex is responsible for half of any shared credit debt. Did you know if your ex files bankruptcy, any shared debt falls solely on you to be paid? Credit companies care about one thing, and that one thing is getting their money. Debt collectors don’t care if

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What to Know When Changing Child Support

There are currently 38 states that calculate child support using the “income shares” formula.  Nine states in the U.S. do not use the income shares formula—Illinois being one of them. Instead, Illinois uses a formula called “percentage of obligatory net income.”  Since the 1980’s, the obligatory net income formula has calculated income based on the

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We’ve Decided to Adopt. Where Do We Start?

The process of adoption can be complex and lengthy. We know you want to hold your new family member safely in your arms as soon as possible. At Sherer Law, we’ve had many years of experience helping many families navigate through the adoption process.  If you are ready to adopt, we want to help you.

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