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If you are getting a divorce in Illinois, then it is a good idea to become familiar with the state’s property division laws. At Lois Kulinsky & Associates, LTD, we understand that it can be difficult to understand the difference between marital and non-marital...
Stock options are treated in the same way as any other asset in an Illinois divorce case. They will be divided up as the court decides. However, it can be easy to forget about this type of property or to overlook them. It is important to ask about whether your spouse...
Some couples who are divorcing in Illinois do not want to drag things out and get into a huge legal battle over marital property. While property division can be a point of contention and consume a lot of time, it does not have to be that way. Those who want to...
During a divorce, many people in Illinois discover that possessions they thought were personal will still be shared with a spouse when the judge is deciding who will get what. According to the Illinois General Assembly, anything that was bought or obtained by either...
When getting divorced, protecting assets can be a major source of stress for Illinois residents. The level of concern can be even higher if one spouse believes that the other person is hiding or not disclosing assets. These situations can and do happen so it is...
Illinois residents who end their marriages have to struggle with many difficult issues. From personal belongings to residences and financial assets to time with one’s children, the losses can be innumerable. Families with pets can add one more potential loss to their...
How marital property and assets are divided in a divorce is understandably one of the first things that people facing divorce in Illinois are concerned about. This is due in large part to the confusion that exists surrounding the legal term, equitable division. Many...
Dividing marital property can be one of the most difficult portions of a divorce. Illinois couples who have experienced a divorce can attest to this. Bank accounts, homes, property and even items of sentimental value can all be at risk of being split or lost to the...
Every divorce case is different and can present a number of unique challenges, but cases involving large amounts of separate and marital property can be especially difficult to resolve. Illinois couples considering the prospect of divorce are often overwhelmed by the...
Of the many assets that will be divided during a divorce, it may be easy to overlook or underestimate pension plans, 401(k)s and other investment accounts. According to the U.S. Department of Labor, more than 46 million people in Illinois and across the country have...
