Residents of Illinois may own assets outside of the U.S. for many reasons. Perhaps they are a citizen of another country who lives in Illinois but owns property abroad or are a native Chicagoan with business interests in another part of the world. Regardless of why someone owns international assets, Illinois divorce law requires that these assets be considered as part of the divorce process. Asset division in a divorce is nearly always a complex and disputed process, and this is especially true when international assets are concerned. The allocation of assets located outside of the United States is influenced… Continue Reading What Happens to Foreign Assets in an Illinois Divorce?