Property Division

If you have to get a divorce, you know that your retirement could be at risk. Will a divorce derail your retirement plans? It is possible.Keep in mind that divorce does usually have a substantial impact on your retirement plans. Of course, it doesn't only affect your...

When you're getting a divorce, you need to separate your finances. That can be difficult if you have many shared accounts. Fortunately, if you take it one item at a time, you can separate all your accounts so neither of you is liable for the other's actions after the...

Divorces have the potential to be complicated, especially when benefits like retirement become involved. Many factors play into how much money a spouse may be paid out in a settlement, and there are sometimes ways that a person could reduce that payment later, even...

The Fifth District Appellate court made an interesting ruling concerning marital property division recently, rejecting a man's plea that two pieces of real estate bought by his former spouse before their divorce be considered marital property. While many people assume...

One of the most common issues that arises when spouses divorce is "Which one of us gets the house?" Buying a home is a big milestone for many people, and one that can become a source of great grief later on, depending on the circumstances. Various factors may lead to...

Many people fail to appreciate just how legally binding a marriage can be, especially in an era when more than half of all marriages end in divorce. The common nature of divorce often serves to undermine just how much marriage may complicate your assets if you are not...

When it comes to divorce, as in all things, it pays to be attentive to the details. The emotional hurricane that a divorce can present often clouds sound judgment and keeps otherwise reasonable people from being able to make prudent, long-term choices when splitting...

For those who are seeking a divorce in the state of Illinois, the prospect of dividing up your property can seem overwhelming. This is understandable, but not necessary. It is possible to enlist qualified help to assist you in these tense negotiations, and help each...

Illinois, like any other state, has its own set of factors that contribute to how a court will decide assets should be divided when a couple divorces. As an "equitable division" state, the court follows certain guidelines for dividing assets when a couple is unable to...

Divorce is often a frustrating and hurtful process, but without proper preparation it can also be financially devastating. Too often, those going through a divorce fail to properly maintain their financial lives and find themselves re-entering the single life with...