Bloomingdale, IL divorce lawyerOne of the more complex parts of the divorce process is called property division or asset division. This is when spouses divide marital property between themselves. Marital property, as defined by Illinois law, refers to possessions that were acquired by either spouse during the marriage. With some exceptions, these possessions are considered marital property and belong to both spouses.

Property division becomes more complicated if certain assets are involved. Collectibles and antiques, for example, are not so easy to divide. For one thing, their value may have increased over the years since they were purchased. For another, they cannot be physically divided any more than real estate property can.

If you have expensive antiques or collectibles that need to be divided, contact an Illinois property division attorney who can help make sure they are valued and divided fairly. This article will discuss how that is done.