Tag Archives: asset division

Anytime a business owner ends up going through a divorce, the value of their share of the business must be evaluated. The reason for this is that the business assets are likely a part of the marital estate and subject … Continue reading

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When dividing assets in a divorce, most people think about the division of their current assets, such as money in bank accounts, investments, and real estate property. It therefore comes as a shock when they are informed that, depending on … Continue reading

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Illinois is an equitable distribution (as opposed to community property) state. In a community property system, all marital property is divided evenly, regardless of contributions. Under equitable distribution, marital assets are divided up into just proportions, taking several factors into … Continue reading

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