Non-Marital Property

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Tenants In Common, Joint Tenants, and Tenants In The Entirety In An Illinois Divorce

By Russell Knight | June 7, 2022
Tenancy By The Entirety In Illinois

Being married means starting a life together. For most people, that means owning property together in furtherance of building a home and a family. That real estate can be held in a variety of ways based on how the deed…

Read More

Trust Funds For Children And Divorce In Illinois

By Russell Knight | June 3, 2022
Trust Funds and Divorce

Trust funds are way to set aside money for a specific purpose. Trusts are especially useful for applying money for the benefit of someone who cannot manage the money themselves such as a child. A trust is “an equitable or…

Read More

What Is A Wife Entitled To In An Illinois Divorce?

By Russell Knight | April 19, 2022
What is a spouse entitled to in an Illinois divorce?

In the panic of considering a divorce in Illinois, both parties will be quick to consider the “worst case scenario” and research what they are each entitled to. Inevitably, the parties to a potential divorce specifically want to know what…

Read More

Debt And Divorce In Illinois

By Russell Knight | April 14, 2022
Illinois Divorce with Debt

While a divorce is usually about who gets what asset, most people have a mix of assets and debts. A married couple’s debts are also divided in an Illinois divorce. Illinois divorce courts “shall divide the marital property without regard to marital misconduct…

Read More

Bitcoin, Cryptocurrencies And Divorce

By Russell Knight | April 8, 2022
cryptocurrency and division of assets

***Updated in March 2021 to reflect the massive interest in cryptocurrencies*** Millions of people have purchased Bitcoin and other cryptocurrencies. Millions of people have also gotten divorced. Therefore, several Bitcoin owners got divorced and had to address the division of…

Read More

How To Turn A Non-Marital Property Into A Marital Property In An Illinois Divorce

By Russell Knight | February 6, 2022
Turning Non-marital property into marital property in an Illinois divorce

One of the most common scenarios in an Illinois divorce is finding that one spouse has non-marital property from before the marriage. The allegedly non-marital property is usually a house that both people live in, pay for, and keep repaired…

Read More

Home Improvements And Divorce In Illinois

By Russell Knight | January 27, 2022
Home improvements in an Illinois divorce

A house is often a married couple’s greatest asset. How they treated that house during the course of their marriage will determine the value of the house and the subsequent allocation of that value during an Illinois divorce. Home improvements…

Read More

Exclusive Possession Of The Marital Home In An Illinois Divorce

By Russell Knight | January 17, 2022
How to evict your spouse during an Illinois divorce

Living with someone is hard. It’s even harder to live with someone while you’re in the process of divorcing them. Sooner or later, someone has to move out of the house. How do you get exclusive possession of the marital…

Read More

Can A Spouse Throw Out My Belongings In Illinois?

By Russell Knight | January 7, 2022
Throw away valuables in a divorce

We’ve all seen the trope in movies on TV where an angry wife throws her husband’s things out the bedroom window onto the front lawn. Some movies take it even further and a spouse will burn the other spouse’s things…

Read More

Degrees And Licenses In An Illinois Divorce

By Russell Knight | January 1, 2022
Degrees and licenses in an Illinois divorce

Having a professional degree and license is often very lucrative (take it from me). A degree makes a person eligible for certain professional positions and a license makes a license holder an exclusive provider of some regulated service. These restrictions…

Read More