Category Archives: Property Division
Is Inherited Property Considered Marital Property In Illinois Divorces?
When a marriage ends, one of the most important questions I hear from clients in Schaumburg is, “Will my inheritance be divided in the divorce?” This concern is understandable. You worked hard to protect what your parents or grandparents left you, and the idea of losing part of that inheritance during divorce can feel… Read More »
How Long Do You Have To Be Married To Get Half Of Everything In Illinois?
As a divorce lawyer in Chicago, I am often asked whether there is a specific length of marriage required for one spouse to receive “half of everything” in an Illinois divorce. Many people assume that once a marriage reaches a certain milestone, such as five, ten, or twenty years, the law automatically grants equal… Read More »
How Is Community Property Determined And Decided In Illinois?
Most Illinois divorce cases involve decisions about dividing property and other assets. In some divorces, the spouses may agree on how to divide things, and there are no disputes. But in others, property division questions must be decided in court. Learn about property division and community property in the following article. If you have… Read More »
Is Property Division through Mediation a Good Idea?
Relationship breakdown and the decision to get a divorce can lead to a series of emotionally distressing events. Not only do you have to cope with the stress and emotions, but also make important decisions regarding division of assets and property. You may have worked hard with your spouse to build a life together,… Read More »
FAQs About Asset and Property Division in Illinois
If you are planning to get divorced, you may have some questions regarding how your property and assets will be divided between you and your spouse. Here we have answered some common questions that most of the clients ask our family law attorneys: Q: How will my property and assets be distributed? A: Illinois… Read More »
Factors Affecting Property Division in Illinois
When couples decide to get divorced in Illinois, they have to undergo a long legal process to completely separate them emotionally, physically, and financially. One of the most difficult, often contentious, parts of the process is property division, especially when one or both partners are unwilling to cooperate or compromise to settle the matter…. Read More »