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Category Archives: Marital Property

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Are Life Insurance Policies Considered Marital Property In Illinois Divorce Cases?

By The Law Office of Fedor Kozlov, P.C. |

Understanding How Illinois Law Treats Life Insurance In Divorce When I represent clients in Schaumburg and throughout the Chicago area, one of the most common financial questions I hear during divorce proceedings is whether a life insurance policy is considered marital property. Many couples purchase policies early in their marriage without realizing that these… Read More »