We invest a lot of emotion and resources into our property. However, spending all of your assets or attempting to hide them is a bad idea due to several reasons. Illinois- An Equitable Property State There are two approaches to dividing property when people get a divorce, community property and...
If the Illinois Department of Children & Family Services conducts an investigation on you, it can be terrifying. The outcome of your investigation may be pending for months, all while you are waiting to hear if your child will be placed in foster care. If your child has already been placed in...
According to Illinois law, adultery is in fact illegal. However, since the year 2016, Illinois has been a “no-fault divorce” state. This means that in filing for a divorce, solely irreconcilable differences need to be proved. Adultery may be the reason irreconcilable differences arise, but it is...
Division of vacation properties may be included in equitable division of assets for many couples maneuvering the divorce process. In these cases, multiple financial aspects must be evaluated. Such aspects include: the value of the property, and whether it is located in the United States....
In Illinois, marital property must be divided equitably during a divorce. Is an inheritance considered marital property in Illinois? The good news is that an inheritance isn't regarded as marital property, but there are exceptions. Those exceptions are why you need the Law Office of Bradley R....
When it comes to a divorce case, division of retirement assets is a complicated part of the property division process. Your retirement assets may include a 401(k), 401(b), IRA/Roth IRA, among others. In an Illinois divorce, property is divided according to the “equitable distribution” model. This...