Month: November 2022

During a divorce, couples frequently clash over the division of property. In many cases, each spouse believes they contributed to all of the assets and should receive equal benefits from them. Each state determines how assets should be divided in a state, and Illinois...

In Illinois, a divorce can be a financially complex process. If one or both parties has a retirement account, such as a 401k, then dividing it can require untangling dense plan rules and offsetting financial settlement components. Retirement Plans and Divorce Unlike...