split marital property

Determining property values during a divorce

When a couple in Illinois decides to get a divorce, they must decide how they will split marital property. Part of determining how to divide their joint assets may depend on how much they are worth. The first step toward getting a property valuation is having an independent appraiser give his or her professional opinion.…
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How marital property is divided in Illinois courts

When a couple gets a divorce in Illinois, the property that both parties acquired during marriage is not divided equally in half. If a couple cannot reach a Marital Settlement Agreement on their own that lays out the division of their marital assets, then a judge will look at a variety of factors to determine…
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