As of 2016, Illinois is a no fault divorce state. Therefore, courts no longer assign fault in a divorce case, but instead consider spouses equally
Quit Claim Deeds to Transfer Home Ownership in Divorce
When couples divorce, they will have to decide what to do with the family home. One option is to sell the home and split the proceeds. Alternatively,
Dividing Stock Options in a Marital Property Division Settlement
Many companies offer stock options or restricted stock as incentives to their higher-level employees. Stock options basically gives the employee an
Keeping the Family Home in a Divorce
The single biggest asset for most couples is the family home and when couples divorce, they must make a decision on what to do with the house. While
Retirement Accounts in an Illinois Divorce
Many who are considering divorce may wonder if a 'DIY' is an option if it is an amicable split. You and your spouse may be in total agreement and just
Marital Property Division for Stay at Home Moms or Dads
Illinois divorce law does not start out by assuming that everything needs to be divided equally in a divorce. Unlike community property states,