Illinois spouses who may be facing a divorce may be interested in an article discussing the trend toward a higher rate of later-life divorces. Certain factors should be taken into account with regard to asset division in such a divorce.
Illinois residents who are beginning the process of divorce may be confused about what the process entails. One of the central components of a divorce is the property division process.
When a couple files for divorce, they aren’t just ending a marriage under the eyes of the law. The pair is dividing a life in which they earned money, purchased homes, made investments, built up retirement and much more. Property division is a major part of the divorce process.