For many people, the family home is more than just real estate — it represents belonging and stability and houses many nostalgic memories. If you are going through a divorce and hope to keep your home, you are not alone. Whether this is possible depends on several legal and financial factors, including how Illinois courts handle the division of marital property.
An experienced Illinois divorce attorney at Law Office of Ronald L. Hendrix, P.C. can help you understand your rights, evaluate your financial position, and advocate for a property division agreement that protects your interests.
Is the Home Considered Marital Property?
The first step in determining whether you can keep the home is establishing whether it is marital property. In Illinois, marital property includes most assets acquired during the marriage — regardless of whose name is on the title or mortgage. This means that even if the home is in your name alone, it may still be subject to division if it was purchased during the marriage.