The division of marital property and assets is one of the most fiercely contested issues in divorce proceedings. Decisions made during this time can impact your well-being and financial security for years to come. This is particularly true when dealing with the family home. Our experienced Chicago divorce attorneys detail four options you may want to consider.
The place you lived in during your marriage is likely more than just a piece of property. Having deep attachments to a marital home is understandable. However, it is important to be aware of how this property is viewed by the Illinois courts and how it may be dealt with during divorce proceedings.
Under the Illinois Statutes, all property and assets earned or acquired over the course of your marriage must be divided in an equitable way between you and your spouse. This includes the family home. There are four general options to consider:
When making decisions regarding marital property during a divorce, which could impact you for years to come, get the Women’s Divorce and Family Law Group on your side. To schedule a consultation, contact our Chicago divorce attorneys today.
There are many factors to consider when contemplating divorce, and a pre-divorce planning session can help you begin to plan for a divorce. Please contact the professionals at the Women’s Divorce & Family Law Group by calling (312) 585-6604 or clicking here to schedule a consultation.
“When I needed a family lawyer, I trusted the Women’s Divorce & Family Law Group and you can too.” Dr. Debra Thomas – Orthopedic Surgeon – 1988 U.S. Olympic Bronze Medalist”
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Lake Forest, IL 60045
3333 Warrenville Rd.
Lisle, IL 60532
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Chicago, IL 60601
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