The financial aspect of divorce in Illinois is often the most contested element, especially if there are significant assets involved. One key consideration is deciding between active and passive appreciation for assets that one partner owned during the marriage and...
Month: May 2022
Planning your taxes during a divorce
Getting a divorce in Illinois can be a complex affair. There are many details to consider. The welfare of your spouse and any children you may have will be an issue. There will also be the issues of any taxes that must be paid. This is a matter that will need the aid...
Keeping real property in a divorce
In the state of Illinois, any property held inside of a marital estate may be divided in a final divorce settlement. This means that any rental properties, commercial holdings or lots of land that you own could be ceded to your spouse. However, it may be possible to...
