KHK Family Law & Divorce Attorneys is here to help you throughout the Illinois divorce process. Whether you are pursuing a contested or an uncontested divorce, or want to know which option is better for you, we have 90+ years of collective experience and a proven track record to help you achieve the best possible outcome.
Key Takeaways:
- Illinois uses equitable, not equal, distribution of assets. Our Lincoln Park divorce attorneys can help identify what qualifies as marital versus non-marital assets to protect your interests.
- Without the right guidance, your assets are at risk. The team at KHK Family Law & Divorce Attorneys can help you prioritize and fight for what matters most.
- With 90+ years of combined experience, our attorneys understand family dynamics and can create tailored strategies that work for you.
Divorce in Illinois: What You Should Know
Illinois is an equitable property division state, where courts divide property “fairly” between spouses if an agreement cannot be reached first. This does not ensure an equal division, as “fair” is up to the judge’s discretion. Property that can qualify for division includes:- Business interests: This includes any ownership or investments you may have. Even if your spouse is not a named partner, they can be entitled to a portion of the assets if it was acquired using marital funds and/or obtained during the marriage.
- Your home: You can choose to sell it and split profits, or if one of you decides to keep it, that cost can be deducted from other assets awarded in total.
- Debt: If you or your spouse has accrued debt during the course of your marriage, that responsibility can be split also. This is important if your spouse has taken on debt that you did not know about or do not wish to take on once the divorce is finalized.
What Types of Divorce Are There?
There are two main forms of divorce in Illinois:- Uncontested Divorce is when both parties agree or work to agree (through mediation or negotiation) on all terms. This is faster and less expensive than a contested divorce.
- Contested Divorce is when an agreement cannot be reached and a judge gets involved. This requires court hearings to allow the judge to decide on the unresolved issues.
What Can Our Lincoln Park Divorce Attorneys Do For You?
Working with our Lincoln Park divorce attorneys alleviates the stress throughout the divorce process. Some of the ways our KHK Family Law & Divorce Attorneys can help you include:- Identifying marital and non-marital assets. This will help determine what will be divided up in the divorce settlement, and what cannot be split.
- Evaluating your finances. Financial stability is a major concern when navigating divorce, and we can help advocate for your goals and defend against unnecessary compensation/support claims. If you are eligible for support under Illinois law, we can assist you in that process as well!
- Negotiating & advocating for you. With your spouse or a judge, we can help you strengthen and present your case to make sure you are taken care of. We can also prepare the necessary documents for you throughout the process.
Let Us Do the Work While You Focus on the Future.
With so many decisions to make, let our dedicated team at KHK Family Law & Divorce Attorneys take the lead. We will get to know you and your personal situation before becoming your biggest advocate for a fair outcome. We strive to understand your family’s unique dynamic using our 90+ years of combined experience and education to formulate a strategy that is right for you. Our team is led by our veteran partner, Matthew Katz, who has decades of experience as a practicing divorce lawyer across many specialty fields and works as a great resource for our firm. We understand how complicated divorce can be, and want to help you! Contact KHK Family Law & Divorce Attorneys for a free consultation today.Get In Touch
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