I need a divorce lawyer

3 reasons why you need a postnuptial agreement

Granholm & Gynac
A postnuptial agreement is a contract drafted during marriage to sort out complicated assets, income, finances, and future plans concerning children. Although postnups are less common, they’re vital in allowing couples to communicate effectively on important marital and financial decisions. Here are three reasons why you need a post-nuptial agreement. To avoid joint liability for…
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What is a paternity test

What is a Voluntary Acknowledgement of Paternity?

Granholm & Gynac
Also known as a VAP, it’s a way to legally substantiate your relationship as the biological father of your child. This is important because in Illinois law, if the child’s parents were not married at the time of birth, then legal steps must be taken to establish your paternity – and have your name inserted…
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Three things to know about the mediation process

Granholm & Gynac
Mediation is an option to consider in a range of situations. These can include divorce, spousal maintenance, contested wills, and child custody, visitation and support. But many people wonder if mediation is for them. Here are three things it’s good to know when deciding… It is a voluntary process It is only legally binding if…
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What is a prenup

What to include in your pre-nuptial agreement

Granholm & Gynac
A prenup is a contract between two individuals that specifies the liabilities and assets they bring to the marriage. It also determines your property rights should your marriage end in a divorce. Some of the items to include in your pre-nuptial agreement are: Saving and spending strategies Financial obligations during the marriage Separate and marital…
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What is a power of attorney

The four types of power of attorney

Granholm & Gynac
When creating a living trust, you’re required to appoint a power of attorney who will act in your place when you’re incapacitated. Here are four types of power of attorney that can help you make an informed decision. General – your power of attorney can perform any act, including opening financial accounts and signing financial…
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Help! Do I need a special needs trust?

Granholm & Gynac
A special needs trust is a document that allows you to hold or protect assets for your beneficiary with disabilities. Here are some reasons why you should establish a special needs trust. To choose someone to serve as a trustee, especially if your beneficiary is unable to manage finances To protect assets for your loved…
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Estate planning Granholm & Gynac Joliet, IL

Trusts when estate planning

Granholm & Gynac
You may be considering establishing a trust as part of your estate planning actions. There are key benefits to be gained from this course of action. These can include… Preventing the need for time and cost consuming probate Provisions in a trust can typically remain private; whereas a will must be filed with the Circuit…
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I need to hire an estate attorney

Estate planning and adoption: what you need to know

Granholm & Gynac
Your adopted child has the same legal rights as your biological children when it pertains to estate planning situations. However, these circumstances may differ when your child isn’t legally adopted, requiring you to make changes to your estate plan, will, and trust. To avoid issues with your property, name your adopted child as an heir…
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