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Property Division Recent Article List Dividing Mutual Funds in Divorce – 3 Tips by Joseph Dillon, Divorce Mediator If you’re like most divorcing couples, over the years you’ve amassed a variety of assets and liabilities; houses, cars, credit cards and, the subject of today’s post, mutual funds. Dividing Assets in an Illinois Divorce by Joseph Dillon, Divorce Mediator If you’re contemplating divorce and you reside in Illinois, one of the main topics you will be dealing with is dividing up your assets. Illinois is an “equitable division” state, meaning that regardless of what happened to cause the demise of the marriage, the goal is to split the assets as fairly and equitably as possible between both you and your spouse. The Equitable Distribution of Assets and Liabilities by Joseph Dillon, Divorce Mediator When negotiating through a divorce, one of the most important topics involves which spouse will get what property once everything is finalized, as well as who will be responsible for what portion of the marital debt. Unusual Divorce Assets that Need Dividing by Joseph Dillon, Divorce Mediator But other than the usual suspects, there are a number of other items that may be considered assets. Therefore when preparing for divorce or to work with a divorce financial analyst, you should also gather information on as many of these unusual divorce assets as possible. Alimony and Property Distribution FAQs by Ernest Walton, Esq. Illinois law distinguishes between marital and non-marital property. Only marital property is subject to equitable redistribution. Five Most Common Misconceptions About Property & Divorce by Margaret A. Bennett, P.C. If you are considering a divorce, you may be surprised by these common misconceptions. Please take a moment to review them. Recent Property Divsion Blog Posts     All Property Division Blog Posts Related Article Archives Property & Debt Division Property Valuations Premarital Agreements     All Article Archives Navigate:   Home States Illinois Divorce Source Illinois Divorce Articles, News and Resources Property Division Start Your Illinois Online Divorce Today Easy, Fast and Affordable with a 100% Guarantee. Find Illinois Divorce Professionals in Your Area: Choose a County! ADAMS ALEXANDER BOND BOONE BROWN BUREAU CALHOUN CARROLL CASS CHAMPAIGN CHRISTIAN CLARK CLAY CLINTON COLES COOK CRAWFORD CUMBERLAND DE WITT DEKALB DOUGLAS DUPAGE EDGAR EDWARDS EFFINGHAM FAYETTE FORD FRANKLIN FULTON GALLATIN GREENE GRUNDY HAMILTON HANCOCK HARDIN HENDERSON HENRY IROQUOIS JACKSON JASPER JEFFERSON JERSEY JO DAVIESS JOHNSON KANE KANKAKEE KENDALL KNOX LAKE LASALLE LAWRENCE LEE LIVINGSTON LOGAN MACON MACOUPIN MADISON MARION MARSHALL MASON MASSAC MCDONOUGH MCHENRY MCLEAN MENARD MERCER MONROE MONTGOMERY MORGAN MOULTRIE OGLE PEORIA PERRY PIATT PIKE POPE PULASKI PUTNAM RANDOLPH RICHLAND ROCK ISLAND SALINE SANGAMON SCHUYLER SCOTT SHELBY ST. CLAIR STARK STEPHENSON TAZEWELL UNION VERMILLION WABASH WARREN WASHINGTON WAYNE WHITE WHITESIDE WILL WILLIAMSON WINNEBAGO WOODFORD Join the Network Illinois Divorce Products, Services and Solutions Illinois Divorce Resources to Help You Through the Process. Illinois Mandatory Online Parenting Class Easy and convenient - complete at your own pace online. Discount Divorce Bookstore Over 100 Titles of the Best Books on Divorce & Custody. Divorce Download Center Instantly Download, Books, Manuals, & Forms. Free Illinois Divorce Worksheet & Separation Agreement Your Guide to Get Organized and Put Everything in Writing. Spouses can file for a no-fault divorce in Illinois, as long as they have lived separate and apart for at least two years and state that irreconcilable differences ended their marriage. This two-year separation period may be waived "upon written stipulation of both spouses, filed with the court."

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