Tuesday, May 18, 2021

Marital Property


Illinois
 is not a community property state – it is an “equitable division” state. That means marital property and debts need not be divided 50 / 50. Rather, the law requires property to be divided "equitably." Many cases are resolved with 60/40, 70/30 splits and some even allocate ALL marital property to one spouse. #divorce, #divisionofproperty,

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