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West Dundee, IL847-428-7725
St. Charles, IL630-200-4882
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Algonquin divorce attorney order modification

Once your divorce is finalized, it is important to recognize that the terms ordered or approved in court are legally binding and that there can be significant consequences if you fail to follow them. However, this does not necessarily mean that you are forever trapped by an agreement that puts you at a disadvantage, especially if your situation has changed significantly since your divorce. When circumstances call for it, you can pursue a legal modification to your divorce decree that considers your current state of affairs.

Reasons for a Divorce Decree Modification

The most common elements of a divorce decree that can be modified are spousal support, child support, and the allocation of parenting time and parental responsibilities. There are a number of possible situations in which a modification may be necessary or beneficial, including:

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Algonquin divorce attorney asset division

Under any circumstances, divorce can put a financial strain on couples as they prepare to divide their assets. This aspect of the divorce process may be even more difficult during the COVID-19 pandemic, a time when property valuations can suffer due to the struggling economy and many people are concerned about job security. However, with the assistance of a skilled divorce attorney and the willingness to explore alternative solutions, you may be able to reach an agreement that protects both spouses from excessive financial hardship.

How Are Assets Divided in an Illinois Divorce?

Under Illinois law, most assets acquired by either spouse throughout the course of the marriage are usually considered marital property. During a divorce, marital property is to be distributed equitably, meaning that the division is usually not 50/50 but instead based on factors including the length of the marriage, the terms of any prenuptial or postnuptial agreement, child custody arrangements, and each spouse’s contributions to the acquisition of marital property. Each spouse’s health, financial situation, and earning potential are also considered, meaning that if one spouse has been impacted more severely by COVID-19, assets may be distributed accordingly.

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