Category: Marital Property

“If you can’t explain it simply, you don’t understand it well enough.” – Albert Einstein.

Legal Separation in Chicago
Divorce

How Do You Get Legally Separated in Chicago, Illinois?

Legal separation is a good scenario for conflict: not quite married, not quite divorced.  Not surprisingly, people are always getting legally separated on television because it adds conflict to a storyline. This leads the American public to believe that legal separation is common.  Legal separation is not common in Illinois, however. In the Illinois statute,

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Overseas property in a divorce
Divorce

What Happens To Foreign Property In A Divorce?

A married couple may be from a foreign country, have a foreign vacation property or have diversified their investment portfolio by buying foreign property.  Property is still property no matter where it is located.  The question is “What happens to foreign property in divorce?” A property’s location outside of the United States may impact how

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What is a Prenup?
Divorce

What Is A Pre-Nuptial Agreement in Chicago, Illinois?

The term “pre-nup” is part of pop culture’s nomenclature. We hear about it on television, we hear about celebrities and athletes entering into pre-nuptial agreements, and we hear about it in music. However, how does a pre-nuptial or premarital agreement actually work, and what is the legal reason people actually enter into pre-nuptial agreements? Pre-nuptial

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Divorce

Who Gets The Jewelry In An Illinois Divorce?

Jewelry is a peculiar asset. Jewelry’s value has to be estimated by a professional before that value is known.  Jewelry can often “disappear” during a divorce. Most all, jewelry is usually a gift.  But, who gets the jewelry in a Chicago, Illinois divorce? In Illinois, the first step is determining whether the jewelry is marital

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Divorce

Who Gets To Live In The House While We’re Getting Divorced In Illinois?

When someone asks me “Who gets to live in the house during the divorce?” My first advice to any potential client is that you have to take care of yourself first.  Take care of your physical, mental and emotional health.  Most often this means moving out and away from your ex.  Nothing good will happen

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