Asset division can be one of the most problematic concerns in a divorce. Your spouse may go to great lengths to ensure you do not get your fair share. One way they may do this is by hiding assets from you and the court. A judge can only give you a share of what they...
Marriage is often referred to as “tying the knot,” and untying that knot can be very tricky when the marriage is headed for a divorce. One of the most contested matters during the divorce is usually the division of the marital property. Most states apply “community...
When a couple decides that divorce is the best solution for their future, they often struggle through the process of asset and debt division. The family home likely represents the single biggest financial piece of their overall puzzle with retirement funds, a private...
When you're getting a divorce, there are two things you need to know to get a fair split of the marital assets: What they are and what they are worth. Pushing for fairness absolutely requires understanding the value of the property you share. There are at least three...
Your family business started with a little money and a dream. Now it’s worth millions, and it generates a very nice income for your family. However, you and your spouse are equal co-owners, and you work together at the company. You’re thinking about getting a...
Illinois, like a majority of other states, uses the equitable distribution standard for splitting up property in a contested divorce. Simply put, if you and your spouse can't figure out how to separate your belongings, the judge overseeing your divorce will make a...
Setting money aside for retirement is something that many married couples do together. They likely plan for a joint budget and consider the income of both spouses when figuring out how much they can save. Retirement accounts can quickly become a source of contention...
Having more assets often means facing a much more difficult time in divorce. Not only will you and your spouse have more to fight about as the divorce proceeds, but there is a greater risk of an unfair outcome because you have so much property. One of the most...
Property division has the potential to be one of the most contested details of your divorce. Both you and your soon-to-be ex-spouse are fighting tooth and nail for every asset, so you’re sure to clash at some point. As you prepare for divorce, make note of the...
Debt is not something people like to talk about. Even though it is a reality for almost everyone across the country, it is a personal matter that many people prefer to keep private. However, there are times when individuals must address debt openly and honestly. One...
