Asset & Property Division Archives

Tackling debt during a divorce

13 Apr 2019

Divorcing spouses in Illinois often put a lot of time and energy into figuring out how they split up their marital estate. This may include…READ MORE

Can you take your share of a 401k now?

24 Feb 2019

As you and your soon-to-be ex-spouse work your way through your property division proceedings, one of the more complex assets you are both going to…READ MORE

Is your inheritance subject to distribution in divorce?

28 Dec 2018

Because Illinois is an equitable distribution state, divorce judges typically split marital assets in as fair a manner as possible. "Fair" does not always equate…READ MORE

What assets are not marital property?

9 Oct 2018

One of the most complex parts of a divorce is the division of property. This is because the law has specific ideas about what is…READ MORE

How can I cope with a difficult ex during a divorce?

10 Jul 2018

A divorce is rarely ever an easy process. It becomes even more difficult when your ex does not want to cooperate. This can create tension…READ MORE

Dealing with a home sale following a divorce or separation

26 Mar 2018

For many Illinois couples who are coping with a volatile marriage, the idea of divorce is often a solution that allows both parties to eventually…READ MORE

How much of your inheritance you may keep in the divorce

16 Mar 2018

When you received your inheritance, it was a windfall for your family. However, now that you and your spouse are getting an Illinois divorce, you…READ MORE

Can you avoid losing your business during a divorce?

22 Jan 2018

If you and your spouse are seeking a divorce in the state of Illinois, you may have already begun to think about the list of…READ MORE

How do you know if an item is worth fighting for?

28 Dec 2017

You expect to downsize as you go through the Illinois divorce process, but that does not mean you are willing to give up some of…READ MORE

Dealing with a mortgage in a divorce

25 Aug 2017

When a couple divorces in Illinois, one of the main tasks to accomplish is dividing property. This is often difficult not only because couples may…READ MORE

How can I safeguard my finances in a divorce?

28 Jun 2017

If you are getting a divorce, you are probably aware that a main point of contention will be finances. It is not uncommon for accounts…READ MORE

What is equitable distribution?

16 May 2017

Most states, including Illinois, are considered equitable distribution states. If you are getting divorced, you have probably heard this term. It refers to how your…READ MORE

Separate property vs. marital property

14 Apr 2017

Going through the divorce process is often emotional and may seem overwhelming to some. People are forced to negotiate terms of the divorce settlement that…READ MORE