Consult Our Asset Division Attorneys in St. Charles
We Have The Experience You Need - Call (630) 507-9091!
When emotions are running high, the last thing separating couples want
to think about is the separation of property, money, assets, and debts.
The equitable distribution of assets and debts is one of the most crucial
elements to discuss during a divorce, but when it comes to money and property,
many people tend to be inflexible and uncooperative. Because of such cases,
it's no wonder that asset division is known for being one of the most
hotly contested issues in the divorce process.
We have helped thousands of people in the past four decades!
Because the state of Illinois follows equitable distribution guidelines,
assets are divided equitably between both spouses. While this does not
guarantee that property will be divided according to a 50/50 split, the
goal is to separate the property fairly so that both spouses receive their
When it comes to asset division, property distribution, and high net worth
divorce cases, we do not leave any stone unturned. We know that the stakes
are incredibly high and we do whatever is in our professional power to
protect your family's future and finances during - as well as after
- your divorce.
Types of Property- Marital Property Vs. Separate Property
Asset division is an incredibly complex and nuanced aspect of family law.
Many different types of property need to be divided upon the legal termination
of a marriage. In some cases, people will not even realize what property
is shared, separate, or has been changed from separate property to marital property.
Assets and debts that have been acquired pre-marriage or post-separation
will be considered separate property. Upon divorce, separate property
will typically remain with the respective spouse who originally acquired
the property or debt. Separate property can come in many forms, including:
- Bank accounts
- Taxes and debts
Assets and debts that have been accrued and acquired during a marriage
will be considered marital property. Upon divorce, marital property can
be distributed equitably between both spouses.
Do you want advice from our financial divorce lawyers?
In the process of representing thousands of clients in Kane County, we
have developed proven skills in uncovering hidden assets, funds, and money.
We know how to help you keep what is yours, but more importantly, we know
how to help you navigate the entire divorce process, one of life's
Although we are respected in the legal community for our selection for
inclusion in the listing of
Super Lawyers® since 2006,
we are most proud of our distinguished commitment to client success. If
you wish to learn more about our services or how we can help you through
the process of asset division, do not hesitate to
contact our firm and speak with our skilled legal team.