Some states are community property states, mandating that any marital property is split equally. Illinois is an equitable distribution state, which provides for perhaps a more fair division by taking each spouse's circumstances into account. At [nap_names...
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Month: November 2014
What are the limitations of a prenuptial agreement?
If you are considering putting together a prenuptial agreement, you probably have some financial concerns regarding your upcoming marriage. A legal contract between you and your future spouse is a great way to address those matters. According to the Illinois Uniform...
Get peace of mind with a marital agreement
Because divorce can get complicated and emotionally frustrating for many people, some couples choose to create documents that outline property division should a separation or divorce occur. At , we help couples put together prenuptial and...
Uncovering hidden assets during a divorce
Illinois is an equitable division state, and the Illinois Marriage and Dissolution of Marriage Act requires marital property to be divided based on several factors, including each spouse's financial and other contributions to the marriage, the value of the assets, the...