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April 2017 Archives

What factors affect alimony decisions?

If you are getting divorced, you may wonder if you can get alimony. Spousal support, as it may be referred to, is allocated in Illinois at the discretion of the court. However, the awarding of payments will be based upon a variety of factors. The goal is to keep the judgement fair for you and your spouse.

Child support laws are changing this July

Perhaps your marriage has been struggling for a while and you are considering divorce. Or maybe you are in the divorce process and it could take months to finalize. On July 1, 2017, new laws regarding child support will come into effect, which may change how support is determined in your divorce case.

What is a short sale?

Perhaps as you are looking for a new Illinois home to purchase, you have come across something called a short sale. A short sale, as defined by Freddie Mac, is a real estate transaction where the seller is selling the home for less than he or she owes to the lender. Obviously, this is an issue for the lender who will be getting less than they are owed. However, the lender does have to approve the sale.

Separate property vs. marital property

Going through the divorce process is often emotional and may seem overwhelming to some. People are forced to negotiate terms of the divorce settlement that may be difficult to handle. One of the most problematic is often the division of property, as it can be hard to separate property and assets that have been accumulated during the course of the marriage. In Illinois, marital property is divided between the couple once the judge presiding over the case has carefully considered several factors surrounding the divorce, and has determined what is fair and equitable. However, not all items are eligible for division.

The essential elements of residential sales contracts

Once you've put an offer on a home, and the buyer accepts it, then it is time to draft a sales agreement. This process is complex and time consuming - and often frustrating - but it is vital to ensure every aspect of the sale is agreed upon by both parties.

Manage your finances successfully during and after a divorce

Divorce can be emotional, but it also can take a serious financial toll. It is important to understand the financial impact divorce will have both now and in the future. This includes considerations related to property division, tax ramifications, support payments, retirement accounts and budget adjustments.

Our Testimonials

  1. The Essig staff are courteous and helpful, and the attorneys are professional and knowledgeable. They are very efficient, with prompt turn-around times on title orders and real estate closings. I would highly recommend this office to others!

    -Donna Jones Craig Jim Maloof Realtor

  2. The Essig staff are courteous and helpful, and the attorneys are professional and knowledgeable. They are very efficient, with prompt turn-around times on title orders and real estate closings. I would highly recommend this office to others!

    -Donna Jones Craig Jim Maloof Realtor

  3. The Essig staff are courteous and helpful, and the attorneys are professional and knowledgeable. They are very efficient, with prompt turn-around times on title orders and real estate closings. I would highly recommend this office to others!

    -Donna Jones Craig Jim Maloof Realtor

  4. The Essig staff are courteous and helpful, and the attorneys are professional and knowledgeable. They are very efficient, with prompt turn-around times on title orders and real estate closings. I would highly recommend this office to others!

    -Donna Jones Craig Jim Maloof Realtor

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Essig Law Office

Washington Office 135 Washington Square Washington, IL 61571 Phone: 309-481-2431 Fax: 309-444-1916 Map & Directions

Roanoke Office 313 N. Main Street Roanoke, IL 61561 Phone: 309-481-2431 Fax: 309-444-1916 Map & Directions