Figuring out solutions for property division is a major obstacle during many divorces. Spouses have a hard time agreeing about what is fair and appropriate. The more valuable their assets are, the more likely they are to end up disagreeing on specific property...
A Reputation For Excellence
Offering clients efficiency, experience and effectiveness in legal matters great and small since 1983.
Property Division
Dividing your property in an equitable distribution state
Illinois is an equitable distribution state in divorce. What that means is that marital property shared between spouses is divided equitably, not necessarily equally, upon divorce. Equitable divisions may be something like a 40/60 split or 30/70 division of your...
Property division may be a concern during gray divorce
As Illinois residents age, many come to see certain parts of their lives differently. As a result, they may want to make changes that could not only affect their lives but also the lives of others. In particular, many may find that ending their marriage may allow them...
Understanding marital property is vital during property division
Getting a divorce often means having to think about matters that may not have crossed one's mind before. In particular, Illinois residents may have to give more thought to what assets belong to whom when going through property division proceedings. Previously, asset...
Mediation allows flexibility during property division in Illinois
Many people in Illinois have the misconception that divorce is always bitter and filled with contentious court battles. They may worry that they will have little control in the property division process if a judge -- who knows little about them personally -- makes the...
Is a pension plan subject to property division in Illinois?
Many couples in Illinois start planning their retirement early on in their marriage. As such, retirement plans and other related assets may be the most significant ones that couples must divide as they go through the property division process of a divorce. Because...
Divorce proceedings could affect sale of business
Some people in Illinois put a great deal of time and effort into creating a business that will be successful. However, all of that effort could be put into jeopardy should the marriage end in a divorce without certain protections in place for the business. In fact,...
Should frozen embryos be considered in property division process?
For many couples in Illinois and across the country, having children is something that is extremely important. Unfortunately for some couples, it may not come easily. As such, they often seek out advances in medical technology to help them conceive, such as in vitro...
Factors that could invalidate an Illinois prenuptial agreement
There are many couples in Illinois who want to ensure that they are open and honest about their financial situation and their expectations if a divorce should occur before they say their vows. As such, many couples choose to create a prenuptial agreement....
Illinois couples can take control of property division in divorce
No one in Illinois expects to be involved in a car accident, but they plan for that possibility anyway by purchasing car insurance. Likewise, no one has an expectation that their marriage will end in divorce while they are planning their wedding. However, the reality...