Category Archives: Property Division Attorney
Property Division in Illinois – Marital Property vs. Non-Marital Property
In Illinois family courts, the division of assets and property acquired during the marriage is divided equitably, instead of equally. But things start to get confusing when it comes to distinguishing marital property from non-marital property. Illinois is not a community property state, and everything from money to assets and estate acquired during the… Read More »
How Is Property Divided In An Illinois Divorce?
Divorce law in Illinois, governed by the Illinois Marriage and Dissolution of Marriage Act, encapsulates a set of regulations that address the dissolution of marriage, including the intricate process of property division. This framework is pivotal for those undergoing the emotionally and financially complex journey of divorce. In Illinois, the divorce process respects the… Read More »
How Property Division Is Decided in Illinois Common Law Marriage
Many couples are happy to live and raise children together without getting married. They can spend years with one another like a married couple, just without legalizing their union in the eyes of the state by signing a marriage license. This is called a common-law marriage in Illinois. However, a couple involved in this… Read More »
Commingled Property in a Divorce
Division of property and assets can be an extremely complex and difficult task during a divorce. It becomes even more complex when a commingled property is involved during the settlement negotiations as deciding who owns the property can be a huge issue, especially if spouses do not keep a detailed accounting record of their… Read More »