On behalf of Gauthier Family Law | Jun 3, 2020 | Property Division
A vacation home can offer a nice escape from one’s busy everyday life, while still being a home away from home. It might be a nice retreat for the whole family, but it can become a large point of contention for spouses in the event of a divorce. If spouses face a...
On behalf of Gauthier Family Law | May 8, 2020 | Divorce, Property Division
Financial matters are most often the biggest issues in a divorce. After all, Illinois law requires divorcing spouses to divide their marital assets equitably. The process of dividing that property can lead to significant disputes over who gets what – or how much. Both...
On behalf of Gauthier Family Law | Jan 27, 2020 | Property Division
The prospect of hidden assets is a common fear, especially in a high-asset divorce. However, many people might wonder if hidden assets are really something they should worry about when they seek a divorce. After all, the property division process can become a point of...
On behalf of Gauthier Family Law | Jan 14, 2020 | Divorce, Property Division
When couples divorce, they must divide the assets they shared and accumulated during their marriage. These assets include any retirement savings that spouses have amassed over the years, whether these savings are in a 401(k) or an individual retirement account (IRA)....
On behalf of Gauthier Family Law | Nov 25, 2019 | Divorce, Property Division
When two people marry, it is common for them to join their property and assets, just as they join their lives together. Though this is common, it is also generally why dividing property is often so complex when couples file for divorce. However, many married couples...
On behalf of Gauthier Family Law | Nov 16, 2018 | Property Division
Many people in Illinois who get divorced must decide if they want to keep the marital home. One of the first things to consider is whether or not the home has much equity. If a home was recently purchased, there may be little or no equity. Usually, the spouse who...
On behalf of Gauthier Family Law | Sep 4, 2018 | Property Division
People who divorce in Illinois may wonder about the financial effects of the end of their marriage, especially women. One study found that women who divorce see their income go down by over 20 percent, even while divorced men’s income tends to rise by around 33...
On behalf of Gauthier Family Law | Aug 7, 2018 | Property Division
Illinois couples who decide to get a divorce later in life may find that their priorities are different than couples who are going through a divorce at a younger age. In many cases, the children have already grown up, meaning that former couples will not have to make...
On behalf of Gauthier Family Law | Mar 9, 2018 | Property Division
If you’ve decided to get divorced, you may be wondering what will happen to your property. Today we answer some fundamental questions surrounding property ownership and division in Illinois: Can I sell my property? If you and your spouse have decided to part...
