Property division is one of the murkier issues during the Illinois divorce process. Having to split the assets you feel you have earned with your future ex-spouse may feel like a punch to the gut. You and your spouse can choose to work things out on your own before the courts get involved. However, if you cannot reach an amicable settlement, it will be up to the courts to decide the fate of your marital estate. In Illinois, marital property is divided and distributed “fairly and equitably” between the divorcing couple. When you need assistance in your divorce, the first call should be to an experienced attorney who can help you weather the storm that a divorce process inevitably brings.
“Fair and Equitable”
Illinois is an equitable distribution state where marital assets are divided in a way that seems “fair and equitable” to a judge for both parties. This means any hope of a 50/50 split might as well be tossed out the window – usually. Instead, the court will look at the current and future needs of the couple and address the divide accordingly.