What Is NOT Considered Dissipation of the Marital Estate in a Divorce Case? Why Legal Guidance is Important What Is Dissipation of Marital Assets? Section 750 ILCS 5/503 of the Illinois Marriage and Dissolution of Marriage Act (“IMDMA”) briefly explains dissipation as extraordinary expenses that...
“Certificates in numerous fields from health care and business to manufacturing and technology can position students as strong candidates for employment,” says Avis Proctor, president of William Rainey Harper College, a public community college in Illinois. In addition to associate degree programs, Ha...
The other issue with land trusts is that they give the illusion that there is no liability. Land trusts still have liability, even in Illinois. The real property owner, and not just the trust or trustee, can be found liable for things. Privacy isn't guaranteed, either, as court orders c...
Although trust deeds are less common than they once were, some 20 states still mandate the use of one, rather than amortgage, whenfinancingis involved in the purchase of real estate. Trust deeds are common in Alaska, Arizona, California, Colorado, Idaho, Illinois, Mississippi, Missouri, Montan...
This article will discuss the Illinois Health Care Surrogate Act, the term “decisional capacity” and advance directives including living will, power of attorney for healthcare, POLST and DNR.
Congratulations to Apex Clean Energy, a leading U.S. renewable energy company, on its US$602 million financing for its Prosperity Wind project, a 300MW wind project located in Piatt County, Illinois. CIBC Capital Markets is pleased to act as Co-Left Lead Arranger, Coordinating Lead Arranger,...
In 2024, theestate tax in Hawaiiranges from 10% to 20% and is applied to estates valued at more than $5.49 million. Illinois As of 2023, estates worth more than $4 million are subject to a progressive estate tax that ranges from 0.8% to 16% ...
What is a Ponzi scheme? An illegal endeavor, Ponzi schemes essentially aim to attract and take advantage of unsuspecting investors by touting untrue claims of low risk and significant reward. Ponzi schemes typically stay afloat by using money from newer participants to pay older ones, thus making...
Real estate. Risk management. At some institutions, finance is a concentration within a broader program of study, such as business orbusiness administration. How long does it take to complete a finance degree? You can typically complete the 120 credit hours required for abachelor's degree in fi...
Both levies are based on thefair market valueof a deceased person's property, usually as of the date of death. But anestate taxis levied on the value of the decedent's estate, and the estate pays it. In contrast, an inheritance tax is levied on thevalue of an inheritancereceived by th...