Law Firm Anderson & Associates Attorneys Schaumburg Illinois Bankruptcy Law Lawyers.
Practice Areas Family Law Few legal areas are as emotionally charged as family law, primarily for the litigants, but also for the lawyers and judges involved in the case, and even the public at large. Clients involved in family law disputes need both personal and professional support through times that are highly emotional, but require calm and reasoned decision-making. The family law attorneys at Anderson & Associates, P.C. have the ability and experience to handle all of your family law needs, from the detailed management of a complex marital property dispute to the sensitive advocacy needed in an emotionally charged child custody proceeding.We stress both litigation and Alternative Dispute Resolution (ADR) methods such as mediation in our practice, and represent clients in a full range of family law matters, including:
- Adoption
- Divorce
- Paternity
- Child custody
- Child support
- Visitation and placement
- Marital assets and property division
- Temporary orders
- Premarital or prenuptial agreements
- Domestic abuse and domestic violence
- Child abuse and child protection
- Orders of protection and restraining orders
- Maintenance, spousal support, and alimony
- Post judgment modifications
- Retirement benefits
- State and international child removal proceedings
- Uniform Child Custody Jurisdiction Act (UCCJA) litigation
Bankruptcy As part of our business and commercial law practice, we represent individual and commercial clients in bankruptcy proceedings.
Debtor/Creditor Law — Bankruptcy Alternatives We represent debtors, creditors, and other interested parties in court proceedings at the Illinois state and federal court level, in out-of-court workouts, and, as noted above, in federal bankruptcy cases. Our attorneys represent debtors and creditors in a wide range of contexts, including: Pre-bankruptcy counseling
- Creditor negotiations
- Collection litigation
Judgment enforcement
Workouts and debt restructuring Our attorneys take a practical approach to bankruptcy and creditor/debtor law, recognizing the cost and risk of litigation, and the significant value of a speedy resolution of disputes. We begin with a thorough review of the loan, sale, or lease transaction involved, analyzing credit and collateral risks, the possibility of counterclaims, defenses, and the likelihood of a timely and cost effective litigation remedy. Our attorneys then develop and implement a litigation strategy, while simultaneously pursuing reasonable negotiated settlements. We believe that our approach of pursuing both litigation and appropriate negotiation strategies, maximizes benefits to clients, while reducing both legal expense and litigation risks.
- Estate Planning Many people avoid proper estate planning because they do not like thinking about death. Estate planning is generally considered the process by which people develop a plan that ensures that the assets they have worked so hard accumulating during their lifetime are protected and distributed to those they love. Without proper estate planning, the Internal Revenue Service (IRS) stands to inherit a large portion of your assets. Fortunately, its not too late to write the IRS out of your will. We can help you implement a variety of advanced tax strategies to keep your assets out of the hands of the IRS. Our firm handles a variety of estate planning matters and advises our clients so as to gain the maximum benefit of all laws while, at the same time, carrying out the persons wishes. Areas of aptitude include: Wills and Trusts
- Powers of Attorney
- Medical Powers of Attorney
- Guardianships
- Living Wills and Trusts
- Life Insurance Trusts
- Family Limited Partnerships
- Educational Trusts
- Bypass Trusts
- Charitable Remainder Trusts
- Generation-Skipping Trusts
- Business Succession and Insurance Planning
- Medicaid Planning
- Special Needs Trusts
Probate and Estate Administration Logically following estate planning is probate and trust administration putting the plan into operation. We represent fiduciaries and beneficiaries in Illinois probate courts by filing the necessary pleadings to admit a decedent’s will to probate, preparing all documents and filings required under Illinois laws and procedures, and preparing income tax returns for the estate, as well as any required estate tax returns. Trust administration does not usually require court pleadings or filings, but many of the same administration, distribution and tax issues are present and require attention. In this area, we counsel fiduciaries regarding the rights and interests of beneficiaries, and recommend steps or actions to help the fiduciary operate the trust in compliance with the appropriate fiduciary laws and avoid personal liability for their actions, or inaction. Experience enables us to counsel surviving spouses and children during this transition and help them make sound legal decisions for their future.
Logically following estate planning is probate and trust administration putting the plan into operation. We represent fiduciaries and beneficiaries in Illinois probate courts by filing the necessary pleadings to admit a decedent’s will to probate, preparing all documents and filings required under Illinois laws and procedures, and preparing income tax returns for the estate, as well as any required estate tax returns. Trust administration does not usually require court pleadings or filings, but many of the same administration, distribution and tax issues are present and require attention. In this area, we counsel fiduciaries regarding the rights and interests of beneficiaries, and recommend steps or actions to help the fiduciary operate the trust in compliance with the appropriate fiduciary laws and avoid personal liability for their actions, or inaction. Experience enables us to counsel surviving spouses and children during this transition and help them make sound legal decisions for their future. Real Estate Real estate developers, investors and lenders come to Anderson & Associates, P.C. for our business approach to real estate transactions and understanding of their needs. They stay with us because of the reasonable fees that result from our size, location and efficient staffing of real estate transactions and related litigation. We represent buyers and sellers in all types of commercial and residential projects.
Our clients include both sophisticated real estate players and relative newcomers, and we tailor our services accordingly. Our services extend to the following areas:
- Contract negotiation
- Preparing purchase agreements, deeds, and bills of sale
- Title opinions and insurance
- Closings
- Income, estate, and gift tax ramifications
- Commercial and retail leases
- Financing
- Zoning, land-use, and development
- Construction law
- Workouts of troubled real estate projects