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Prime Law Group ~ Blog

Attorneys Providing Solutions ~
Woodstock, Illinois (IL) Lawyers, Attorneys, Law Firms in McHenry County.

Recent blog posts
Attorney Meaghan E. Alexander Prime Law Group, announces the addition of Attorney Meaghan A. Alexander. Meaghan’s focus is in area of business & commercial litigation, local government, business transactions and estate planning.Her experience includes advising clients across many industries on matters such as starting a business, financing, franchising, commercial leasing & real estate, trademarks and business succession planning. She is admitted to practice in Illinois and the United States District Court for the Northern District of Illinois.Ms. Alexander has practiced law in McHenry County for eight years. She earned her law degree cum laude from Northern Illinois University College of Law, where she was a recipient of the Dean’s Excellence Scholarship. She earned her bachelor’s degree from Cornell College.We are excited about Meaghan, and welcome her to the firm....
  Short sellers trying to quickly close before the end of 2012 can breathe a sigh of relief knowing that Congress extended The Mortgage Forgiveness Debt Relief Act as part of the American Taxpayer Relief Act.    The Act that was scheduled to expire on December 31, 2012, was extended in until December 31, 2013. Homeowners who received mortgage debt forgiveness as a result of a reduction in principal, foreclosure, short sale or deed in lieu of foreclosure normally have to pay income taxes on said money. This tax can mean thousands of dollars many people in this situation just do not have.   By extending the Act, homeowners will not have to pay income tax on mortgage debt forgiven up to two million dollars. Please check with a tax professional  for all applicable scenarios as not all mortgage debt is subject to the Mortgage Forgiveness Debt Relief Act...
Attorney Daniel L. Lyons We are proud to announce the addition of a new attorney to Prime Law Group, LLC.; Daniel L. Lyons. Attorney Lyons brings years of experience as an Attorney Investigator for the Illinois Labor Relations Board, and as an Attorney Examiner  for Ticor Title Insurance Company.Attorney Lyons’ will be part of the real estate department with a focus on Short Sales within Prime Law Group. His thorough understanding of the real estate market, as well as unique perspective from both the attorney and title sides offers tremendous benefit to our clientele seeking assistance in this area.With an ever-increasing volume of foreclosure and short sale activity in the market, it is crucial to have an experienced attorney in the firm to bring clarity to these matters.Attorney Lyons graduated from Illinois State University, B.S., and received his juris doctorate degree fr...

Posted by on in Family Law
Should I move out? You should not move out of the home if custody of the children is expected to be an issue. It could be perceived, wrongfully or not, as indifference or capitulation. Some people do need to be apart; and in some cases there may be no choice. This includes situations where a spouse has grounds to seek an Order of Protection or exclusive possession of the residence during the pendency of the case. Moving out generally will not affect the disposition of the residence if it is a marital asset. It will, however, create additional living expenses for the parties. By leaving the residence, a party does not avoid a later claim for contribution to household expenses, such as mortgage payments.  ...
How long will my divorce take? Once again, it is often not possible to estimate the time it will take to complete your case.   There are many factors that goes into how long a case can go.   A case can go as little as two weeks, and there are cases that last many months, if not several years. The latter is the exception. It is noteworthy that lately many counties outside of Cook County are accelerating the handling of divorce calendars. Rules of the Illinois Supreme Court now require that all cases involving the custody of minor children be resolved in eighteen months, except for good cause shown. Many judges have taken that to mean all cases. However, this may or may not always be possible. It is also important to note that clients must be cautioned against seeking a swift result in an effort to save stress or fees, or both. Clients that opt for getting it over with quickly...
  Does it matter who files first in a Divorce?   No and yes.   Typically, there is no advantage to filing first in the eyes of the court. You are not viewed as entitled to more relief because you, as the Plaintiff, were first to ask for help from the court. Neither is a defendant viewed as the "guilty" party.   That being said, there will be times when it is necessary to seek initial, temporary relief from the court. Many times these issues may be heard by the court in order of filing. In appropriate cases we will file these requests at the same time that the initial suit is filed in order to secure a future court date as early as possible.   Finally, in very few cases it may be necessary to seek emergency relief from the court, with or without notice to the other party.   Either situation requires a prompt and speedy application to the court up...

Posted by on in Family Law
Can My Spouse and I use ONE Attorney? No. An attorney may not simultaneously represent the two opposing parties, even if they are in complete agreement. This is not to say that the parties cannot proceed with only the one attorney. The attorney would represent one party and communicate with the other party as long as that individual is not represented by counsel....
Attorney Lance M. Green joins Prime Law Group, LLC. on November 5, 2012 We are pleased to announce Attorney Lance M. Green has joined the Prime Law Group, LLC, law firm.  Attorney Lance M. Green brings with him over 20 years of experience in Family Law, Probate, and Guardianship. He is a graduate of the University of Wisconsin-Madison (Economics) with a juris doctor degree from the John Marshall Law School in Chicago.  Attorney Green serves as a family law mediator in McHenry County (22nd Judicial District). Attorney Green approaches issues calmly and whenever possible works for swift resolution in order to save clients from unnecessary stress, anxiety and financial burdens. Although he is an effective and aggressive advocate in the courtroom, he often resolves issues without court intervention by leveraging his strong negotiation and mediation skills with a thorough underst...
Riley Township Assessment Riley Township, Illinois (IL) publishes assessments for land owners in Northwest Herald, on November 2, 2012. The deadline for filing an appeal to Riley Township is December 3, 2012  For assistance with Real Estate Property Tax Appeal....
Twenty Second Judicial Circuit Joins Social Media Below is a link to new facebook page. Facebook  http://www.facebook.com/pages/Twenty-Second-Judicial-Circuit-of-McHenry-County/548522681829856?fref=ts Twitter Social-Media-Final.pdf  ...

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