Rockford Illinois Law Blog
Bankruptcy filings may be down for multiple reasons
In September 2010, there were about 1.6 million bankruptcy petitions filed throughout the country. Eight years later, that number had gone down to over 770,000 cases. However, the number of bankruptcy cases was down in Illinois and across the U.S. for a variety of...
What To Do About Passwords In An Estate Plan
Many people in Illinois have a number of online accounts with different passwords. During the estate planning process, it's important to make sure those accounts can be accessible to others. Keeping online accounts secure is important, and security experts advise not...
Study finds poor couples as stable as middle-class couples
Many Illinois residents have likely heard that money can't buy happiness, and a new study on marital satisfaction partially backs that up. The study was published in the journal Social Psychology and Personality Science. Historically, most marital...
Which generation has the most credit card debt?
Younger generations, especially millennials, have a poor reputation regarding money management. Older people may be quick to point out that this demographic has a lot of student loan debt and relies too heavily on credit cards for purchases. You may even have some of...
The duties of a will executor
Distributing an estate per a decedent's instruction is one job for the executor of a will. There are also other duties entrusted to an executor. Before appointing someone or accepting the position, Illinois residents might like to know more about the executor's...
Lack Of Fulfillment Cited As A Leading Cause Of Divorce
The laws of Illinois make it a relatively simple task to marry. For instance, unlike many states, there is no blood test required or mandatory 24-hour waiting period. However, divorce may not be as easy in consideration of the family legal issues such as property...
How to use social media during and after divorce
Illinois couples who spend less time on social media may have stronger marriages than those who use social media sites more frequently. A study conducted by several organizations and Boston University found a decrease in marriage satisfaction correlated with more...
Helping kids to get through a divorce
Divorcing Illinois parents may be very concerned about how the end of their marriage will affect their children. After all, kids often struggle emotionally with the idea that their parents will no longer be together. In addition, the practical effects of divorce can...
Can You No Longer Realistically Handle Your Debt?
Like most people, you likely did not wake up one day and find that your financial situation was out of control. Certainly, a sudden event may have started the decline, but your money woes may have worsened considerably over time before you reached a point that you...
Keeping money separate during marriage requires a plan
Marriage means different things to different people, but one commonality to all those who choose Illinois as the place for taking their vows of matrimony is that they are bound by the laws of that state in how that marriage is legally formed and, ultimately, if things...