Dividing retirement assets such as 401ks, 403bs, and pensions as part of a divorce settlement require a Qualified Domestic Relations Order (QDRO). A
What to Do With the House – Illinois Divorce Law
When it comes to dividing property in a divorce, the family home is often a couple's largest asset. Deciding what you are going to do with the house
Dividing an Illinois Business in a Divorce
A business is considered property, which may be divided when spouses divorce depending on whether the business is considered marital or separate
Illinois Property Division Law…What is Considered Marital Property?
When contemplating divorce, many questions arise regarding the division of property. The state of Illinois is an equitable distribution state so
529 College Savings Plans in Divorce
Many parents jointly open 529 plans to save for approaching college expenses for their kids. When parents divorce, there are many issues to consider
Weighing Taxes in Divorce Settlements
It is important to consider taxes when determining the division of property, alimony and child support in a divorce proceeding. If you divide property
Illinois Divorce Property Division
Divorce laws differ from state to state and where you live determines how assets and debt will be divided in your divorce case. There are nine
Tips for Preparing for Divorce
The decision to end your marriage is not an easy one. Concerns over finances and the well-being of your children figure prominently. Ultimately, when
Divorce After 50… Protecting your Financial Future
According to a study from Bowling Green State University, 1 in 4 people getting a divorce these days is over the age of 50. This is a marked increase