Category: Property Division

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

Forensic accounting in an Illinois divorce
Marital Property

Financial Experts In An Illinois Divorce

The cartoon character Scrooge McDuck would keep all his wealth in one place: a giant vault. Scrooge would then swim in the money he had amassed in order to count it. In real life, wealth

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Illinois Lis Pendens
Illinois Law

Lis Pendens In An Illinois Divorce

People move a lot of money around during an Illinois divorce. Sometimes, parties to a divorce even move real estate around. It is not uncommon for a divorce litigant to suddenly sell real estate to

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Marital Assets In Illinois Divorce
Property Division

What Is Marital Property In An Illinois Divorce?

There are very few contested facts in an Illinois divorce. In fact, there are really only two sets of facts that matter, financially, in an Illinois divorce: the parties’ respective incomes and what assets will

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Fraudulent Transfer In An Illinois Divorce
Property Division

Fraudulent Conveyance In An Illinois Divorce

Divorce is rarely a surprise. A person anticipating divorce will contemplate how their net worth will likely be reduced by half at the end of the divorce process. This potential loss of assets via divorce

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Children getting gifts in an Illinois divorce
Marital Property

Gifts To Children During An Illinois Divorce

A divorce with children often provokes selfless feelings by the parents. “So long as the kids are okay,” can quickly turn into, “So long as the kids get everything.” Parents can find themselves transferring marital

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