Property division attorneyThe divorce process may involve a number of challenges. You and your spouse will need to make decisions about how a variety of legal and financial subjects will be addressed. One of the most important financial aspects of the divorce process involves dividing marital property between you and your spouse. In Illinois, property division follows what are called equitable distribution laws, and so under those laws, assets and debts acquired during your marriage will be divided fairly, but you are not required to split everything in half and equalize the share of the marital estate that each party will receive.

As you deal with subjects related to your marital property and other financial matters during your divorce, it is crucial to understand what types of property get dealt with. Consulting with an experienced family law attorney will give you a strong understanding of what assets are included in your marital estate, and how property may be valued and divided.