Non-Marital Property

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Bonus Income And Divorce In Illinois

By Russell Knight | April 3, 2020
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divorce in chicago and bonus

Money is a funny thing in an Illinois divorce. In a divorce, money is an asset which can be divisible or not based on whether it is marital.  In a divorce money is also evidence of income which can determine…

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Personal Injury And Divorce in Chicago, Illinois

By Russell Knight | August 8, 2019
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Personal injury and divorce in Chicago Illinois

Big changes in life can often be a trigger for a divorce.  There are fewer bigger changes than sustaining a significant personal injury and then receiving a subsequent settlement or award for that personal injury.  Often, this change in physical…

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Bitcoin, Other Cryptocurrencies And Divorce

By Russell Knight | January 6, 2018
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cryptocurrency and division of assets

In 2017 millions of people invested in Bitcoin and other cryptocurrencies. Millions of people also got divorced. Therefore, several Bitcoin owners got divorced and had to address the division of their marital assets…which included this new and strange asset which…

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Who Gets The Jewelry In A Chicago, Illinois Divorce?

By Russell Knight | December 29, 2017
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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…

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In Chicago, Illinois, is property acquired after separation marital or non-marital property?

By Russell Knight | December 10, 2017
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In 12 years of practicing family law in Chicago, Illinois I’ve found that parties almost always separate and begin pursuing separate lives before they even file for divorce.  Often, the parties will then believe that a “line in the sand”…

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