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(773) 334-63111 North State #1500
Chicago, IL 60602
  • HOME
  • ABOUT US
    • OUR TEAM
  • SERVICES
    • HOW WE CHARGE
  • FAMILY LAW BLOG
  • OUR ATTORNEYS
  • FREE CONSULTATION
  • CONTACT
  • SPANISH

Tag Archives: Division of assets

Motion To Sell Marital Residence

Can I Sell My House During My Chicago, Illinois, Divorce?

Divorce, Property DivisionBy Russell D. KnightNovember 17, 2018Leave a comment

Most people’s biggest asset is their house.  But, the marital home is typically held by two people as a couple together because, as a couple, they were eligible for the mortgage. Outside of the tax advantages of paying a mortgage every month, a mortgage is also an enforced savings program.  If you own your house…

Division of Martial Assets In a Chicago Divorce

Family Law 5 PartsBy Russell D. KnightMarch 10, 2017

One of the key functions of a divorce is the division of property acquired during the course of a marriage. Illinois is an ‘equitable division’ state, meaning the courts are inclined to divide all marital property equitably. This can be either 50/50, 60/40, or another ratio based on what the court determines to be equitable.…

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