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Category Archives: Marital Property and Non-Marital Property

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How Are Retirement Benefits Divided in a Divorce?

How Are Retirement Benefits Divided in a Divorce?

15
August 2022

Going through a divorce requires looking at various aspects of the couple’s life, including any benefits that either spouse may have. If you are in the process of…

Understanding How Spousal Maintenance Is Calculated in Illinois

Understanding How Spousal Maintenance Is Calculated in Illinois

27
June 2022

Alimony – called spousal maintenance in Illinois – does not factor into every divorce, but it does play an important financial role in some. If one spouse’s finances…

Who Keeps the Pets During a Divorce?

Who Keeps the Pets During a Divorce?

13
June 2022

If you are going through a divorce, you have a lot on your mind, and while your parental rights and financial rights are certainly among them, you may…

College Educational Costs for Parents of Chicago Divorces

College Educational Costs for Parents of Chicago Divorces

10
June 2022

With high school graduations across the country happening this week, it is no surprise that families of Chicago divorce cases are contemplating the start of college in the Fall…

Valuations, Appraisals, and Determinations of Property and Assets in Chicago Divorce Cases

Valuations, Appraisals, and Determinations of Property and Assets in Chicago Divorce Cases

16
May 2022

It is not surprising that when parties are proceeding with a divorce there usually remain items that the parties are unable to agree to - in either determining…

How Losing “Marital Privilege” Can Impact Your Finances after Divorce

How Losing “Marital Privilege” Can Impact Your Finances after Divorce

03
April 2022

There are specific financial benefits to being married that are considered marital privileges, and upon divorce, these are forfeited. While understanding the financial advantages is beneficial, these so-called…

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