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equity division

What Is Equity Division In An Illinois Divorce?

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

Illinois is an equitable division state. Rather than getting a 50/50 split, marital property is divided equitably in a divorce between spouses, or as fairly as possible. The court makes the decision and includes a long list of factors, including the marriage length and earnings of both spouses. Why Unequal Equity Division? While it… Read More »