Separating Marital and Non-Marital Property in an Illinois Divorce Illinois follows an “equitable distribution” rule when it comes to divorce. This means that if the divorcing spouses cannot reach a…
Dividing assets upon the dissolution of a marriage is a complicated process, especially when two parties have a number of shared investments. Whether a couple shares a home, vacation properties,…
When a couple decides to dissolve their marriage, they are required to comply with certain disclosure rules. For instance, in Cook County, both parties to a divorce are required to…
When deciding to dissolve a marriage, most couples are not concerned with issues like the tax-related repercussions that their divorce will have on their family. This is understandable, as dissolving…
Late last year, the Illinois Legislature approved an amendment that made significant changes to the state’s spousal maintenance law. Before these changes were enacted, both the amount and duration of…
Most couples go into divorce proceedings expecting to grapple with issues like child custody, alimony, and dividing assets, but many are surprised to learn that both assets and debts must…