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Momkus McCluskey LLC
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Ensuring a Beneficiary Receives Specific Property as Designated in a Will: When a person leaves his or her property to beneficiaries in a will or trust, he or she can do so by leaving money, a percentage of the estate, or by naming specific property to be given to the beneficiary. … Continue reading → The post Ensuring a Beneficiary Receives Specific Property as Designated in a Will appeared first on .

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Buy-Sell Agreements and Providing Predictability for Future Business Ownership Changes: One of the best moves partners, shareholders, and other joint business owners can make is to agree to execute a buy-sell agreement that governs what would happen to a partner’s ownership interest if the partner is incapacitated, dies, goes through … Continue reading → The post Buy-Sell Agreements and Providing Predictability for Future Business Ownership Changes appeared first on .

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Back Child Support in Illinois: Parents who are ordered to pay child support sometimes fail to make any payments, and end up owing back child support and interest as well. While court ordered child support terminates when the child reaches the age of majority, or … Continue reading → The post Back Child Support in Illinois appeared first on .

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Can You Use Text Messages as Evidence in an Illinois Divorce?: It is not uncommon for spouses or soon-to-be former spouses to communicate through text messages instead of phone calls. Sometimes people who are about to divorce prefer to communicate through text messages because this is the only way for them … Continue reading → The post Can You Use Text Messages as Evidence in an Illinois Divorce? appeared first on .

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Informing Yourself Before Signing a Prenuptial Agreement: One of the most important aspects of ensuring a prenuptial agreement (which is also known as a premarital agreement) is held legally enforceable later on is the nature of the financial disclosures. In a prenuptial agreement, a person gives up … Continue reading → The post Informing Yourself Before Signing a Prenuptial Agreement appeared first on .

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Trustee Duties When Managing a Trust: Selecting a trustee to administer your trust is as important as ensuring your trust is well set up and legally valid. Trustees are selected to hold trust property and to manage it for the benefit of the trust beneficiaries. The … Continue reading → The post Trustee Duties When Managing a Trust appeared first on .

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Indemnification of Directors and Officers: Business directors and officers are sometimes sued in connection with their duties as directors and officers in a business or company. When this happens, the director or officer involved may be able to avoid being financially liable for the lawsuit … Continue reading → The post Indemnification of Directors and Officers appeared first on .

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Termination of Parental Rights in Illinois: When some parents file for divorce, especially after a long separation during which time the non-filing parent was an absentee parent, the parent who has been shouldering all of the parental responsibilities may want to have the other parent’s parental … Continue reading → The post Termination of Parental Rights in Illinois appeared first on .

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Registration of Estate Planning Documents: When a person creates and executes testamentary documents, he or she details the way in which the individual wants to pass on his or her belongings after death. Whether using a will or a trust, the person executing the documents … Continue reading → The post Registration of Estate Planning Documents appeared first on .

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Voluntary Unemployment and Child Support: Parents who are ordered to pay child support by a court may sometimes need to file for a reduction in the amount ordered if they are going through tough financial times. Without filing a petition for modification or reduction of … Continue reading → The post Voluntary Unemployment and Child Support appeared first on .
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