Tag Archives: property division
How Do I Prove My Ex Is Hiding Marital Assets?
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… Read More »
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 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 »
How Is Marital Property Divided In Illinois Divorce?
Getting a divorce means going through many complicated legal matters. Figuring out how you and your partner will separate finances can take time and effort. For example, dividing marital property fairly is often challenging. Learn below about how marital property is divided in Illinois. Have a question? Talk to our divorce lawyers in Schaumburg… Read More »
Dissolution of Marriage With Frozen Embryo
The Second District Appellate Court recently handed down an opinion dealing with a highly unique issue in a dissolution of marriage case that could be likely to develop over the next several decades and will likely be referenced many times in the future. When you have complex marriage dissolution issues, make sure you are… 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 »
How Is Marital And Non-Marital Property Decided In An Illinois Divorce?
Marriage gives people the opportunity to build a life together with the person they love. From buying a home, a new car to choosing furniture that suits their lifestyle, couples make several critical financial decisions during their marriage. So when they decide to go their separate ways and get a divorce, that property has… Read More »