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estate planning

Understanding Estate Planning & Why it is Important

Estate planning is essentially the process of filling out the correct paperwork and working with an attorney to ensure your final wishes are carried out. While it may seem confusing at first glance, with the proper help and knowledge, estate planning can be taken care of with relative ease. It is important that everyone take

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changes to Illinois Maintenance laws

2019 Changes to Illinois Maintenance Laws

Starting January 1, 2019, the Illinois maintenance guidelines are undergoing changes that may impact your pending divorce.  Under both the current and new maintenance guidelines, the law sets out certain calculations to be used in determining the amount of maintenance. These calculations apply when the gross annual income of both parties is less than $500,000.00

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expungement of marijuana

Potential Law to Allow Expungement of Marijuana-Related Criminal Charges

On February 3, 2017, freshman House Representative La Shawn K. Ford introduced Illinois House Bill 2367, designed to allow people to ask for expungement of some convictions for possession of marijuana or related paraphernalia.[1]  This Bill provides that “a petitioner may petition a circuit court to expunge records of a conviction or plea of guilty

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Illinois

The State Of Illinois Turns 200

2018 marks the 200th anniversary of Illinois’ statehood, as well as the creation of our Supreme Court. With this milestone in mind, Sherer Law would like to take the opportunity to step back and reflect on our history and some on the great legal minds who have shaped our State. On December 3, 1818 Illinois was

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Establish an LLC

Why And How To Establish an LLC

If you’re starting a small business, one of your first questions is probably whether you should establish your company as an LLC. It can be a bit of a bureaucratic nightmare and it’s another expense you have to consider, along with all the other costs associated with getting your business up and running (business cards,

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break it to the kids

Divorce: How to Break it to the Kids

One of the worst parts of getting divorced is when you have to break it to the kids. Depending on how old the kids are and how much the marriage has deteriorated, they may have already guessed what’s happening, but you should still broach the subject carefully. We’ve come up with some tips to help.

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appeal

Understanding Your Rights On Appeal

To understand your rights on appeal, it is first necessary to realize that an appeal is not a completely new trial.  Rather, an appeal is a review of the trial court’s decision to determine whether that decision was made in accordance with the law and applicable facts.  The party who was unhappy with the trial

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divorce over 50

What Does Divorce Look Like if You’re Over 50?

We all thought our lives would be set by the time we hit our 50s – that we would have it all figured out. But life doesn’t work that way. No matter what our age, there are always things that can surprise us, and that can include divorce. Is Divorce the Same at Any Age?

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hidden assets

What if You Discover Hidden Assets During Your Divorce?

In a 2014 survey, one in three people admitted to “cheating” financially on their spouse. It could be anything from hiding bills from their spouse to lying about how much money they make or how much debt they have, to something as big as hiding assets from their spouse. But everything tends to come out during

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How to Handle an Ex Who’s Also Your Roommate

Moving in together is an exciting time. You’re full of love and can’t wait to spend as much time together as possible. But breakups are the exact opposite. Whether the separation is because of betrayal and mistrust, or just hurt feelings, your ex is usually the last person you want to see. Alternatively, maybe you

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postnuptial agreement

What Is A Postnuptial Agreement?

You’ve probably heard of a prenuptial agreement, in which the two parties entering into marriage sign a contract detailing what belongs to whom, and what is owed to each party in the event of a separation or divorce. Most people prefer to sign such a contract before the wedding to give them peace of mind

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