Division of Marital Property

Selling the family home during a high asset divorce in Illinois may seem straightforward, but the timing of the sale affects how much you will pay in taxes. In fact, federal law provides an exclusion of up to $500,000 in capital gains for married couples filing...

When discussing marital and separate property in Illinois, it is important to know which assets fall into each category to avoid losing what belongs to you during a divorce. The good news is that Illinois does not simply divide everything equally. Some assets remain...

If you are looking for a divorce attorney in Glenview, it is important to understand how divorce affects the business or executive career you built over the years. In Glenview, many marriages involve family businesses, stocks, and annual bonuses. These assets are not...

Your marriage no longer looks the way it did on your wedding day: you have more assets, perhaps a business or an inheritance. A postnuptial agreement in Glencoe organizes that wealth with clarity. Many couples believe these agreements anticipate a divorce. In reality,...

Dissipation of assets in Illinois can begin like this: you open your bank statements and find unexplained withdrawals, payments to a stranger, and money that disappeared. This happens just as your marriage is ending, and you have the evidence in your hands. However,...

When a family trust is involved, understanding marital vs. separate property in Hinsdale is essential because these cases require in-depth legal analysis. Understanding the difference between marital and separate property can help you achieve a fair outcome,...

Does your marriage include a historic mansion and you don't know how to divide it? Illinois has specific rules that determine marital vs separate property Oak Brook. These properties are not ordinary homes, but significant investments with characteristics that make...

Learn about the risks in time. Marital vs separate property Kenilworth can affect the tax consequences of your divorce depending on how each asset is classified. Dividing high-value assets without considering taxes is one of the most costly and common mistakes in...

If you believe your ex is hiding money, a property division lawyer Oak Brook reviews anything that does not add up. Anger is understandable, but you need evidence to support your claim. A forensic audit examines accounts and family businesses for hidden income. At KHK...

Having multiple properties may sound like a financial achievement, but during a divorce, it becomes a challenge that requires the assistance of a property division lawyer in Kenilworth. Many couples realize, once the divorce process is already underway, that dividing...