How is Division of Property Determined in an Illinois Divorce

Next to working out parental responsibility, division of marital property is easily the most stressful and complex aspect of the divorce process. Read the full article here: https://www.oflaherty-law.com/learn-about-law/how-is-division-of-property-determined-in-an-illinois-divorce

Couples often don’t understand what constitutes marital versus non-marital property and how many factors go into calculating who gets what in a divorce. Having an experienced, professional divorce attorney representing you can make the difference between getting what you deserve in your divorce and getting the short end of the stick.

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In this video, we explain what factors are used to determine division of property in an Illinois divorce and answer the following questions: How does each party’s contribution determine property division in an Illinois divorce?, How does marital versus non-marital property determine property division in a divorce?, How do taxes, current and future income and child rearing costs affect property division?, What other factors associated with the marriage affect the division of property in a divorce?, and What happens if one party tries to hide or waste assets to influence property division?

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