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What is Considered a “Dissipation of Assets” in an Illinois Divorce Case?

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What is Considered a “Dissipation of Assets” in an Illinois Divorce Case?

When a marriage breaks down, one spouse may decide it is better to hide or spend–or even destroy–certain assets rather than risk the other spouse gaining control of the property…

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Is a Divorce Obtained in a Foreign Court Valid in Illinois?

When it comes to divorce, Illinois courts will generally accept decrees issued by other states or foreign countries under a legal principle known as “comity.” But there are limits to…

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Property Division During an Illinois Divorce

Like most other states, Illinois follows the theory of equitable distribution when it comes to dividing marital assets in a divorce. This means the property and any marital debts will…

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Experts Used in Illinois Divorce Cases

Some people are familiar with the court process and expert witnesses from watching legal procedural shows and movies. An expert witness is usually the “hired gun” who testifies on behalf…

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Separating Marital and Non-Marital Property in an Illinois Divorce

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…

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How a Forensic Accountant Can Help During Your Divorce

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,…

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