If your Illinois divorce involves one or more business interests, tension and animosity may overtake an otherwise amicable split. Among the points of contention are questions surrounding whether the entity is marital property and its value. We often help negotiate...
Month: July 2020
What compensation factors affect my divorce?
Like most states, Illinois relies on equitable distribution for property division. While it does not call for a mandatory 50/50 split of assets and debts, there are instances when this might happen. However, how you and your partner receive compensation from your...
QDROs and 401Ks in a divorce
For many people, the years put into saving for retirement make the thought of losing a large chunk of that savings almost unbearable. Unfortunately, some spouses must split their 401K accounts when they get divorced. In standard cases, when a person withdraws money...
