Tag: asset division

When a married couple reaches a point in their lives in which they believe their bond is broken irretrievably, divorce seems like a reasonable approach. However, whether the couple or one of the spouses has a high net worth or not, either one of them may try to hide marital assets so that they don’t […]

U.S. states follow either of two approaches when it comes to in a divorce settlement; namely the equitable distribution method and the community approach. However, most states such as Illinois prefer fair equitable division. While it is fair, it doesn’t necessarily mean it’s equal. Asset Division in Illinois Rather than dividing marital property straight down […]