Category Archives: Complex Property Division
Our Recent Blogs
How Is Net Worth Calculated During A Divorce?
A large portion of every divorce is predicated on finances, which makes your net worth at the time of divorce an important matter. When a divorce is instigated, both parties…
Dealing With Commingled Property in an Illinois Divorce
In an Illinois divorce, only marital property is subject to distribution, which means that only assets obtained while the parties were married will be distributed during divorce proceedings. Illinois adheres…
Financial Issues Commonly Seen in Divorce
It’s not uncommon for couples to disagree about certain aspects of their divorce. Financial issues commonly create disagreements in court and can require court intervention. Disagreements about a couple’s finances…
Essential Tips for Protecting Your Finances in a Divorce
Divorce remains a relatively common part of life. According to data from the Illinois Department of Public Health (IDPH), approximately 25,000 couples get divorced in the state each year. Of…
What to Do if You Suspect There are Hidden Assets in Your Divorce
Before a divorce can be finalized, a married couple’s property must be divided. Illinois is an equitable property distribution state (750 ILCS 5/503). Assets and liabilities are split in the…
Will My Business Be Considered Marital Property in a Divorce?
Getting divorced is hard. On top of the intense emotions, there are many complex legal, logistical, and financial issues that must be worked out. The divorce process is even more…
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