Illinois Divorce Division of Assets
Divorce Division of Assets
One of the biggest issues that parties litigate over in divorce is the division of assets. Everything comes down to what property is considered “marital” and what property is “non-marital”. While it may seem that the issue of marital versus non-marital property is cut and dry, the fact is that many parties do not realize that the property they own is considered marital. Marital property can include everything from a house or condo to bank accounts, 401k plans, and pension funds.
Accurately Identifying Assets
In order to determine what property is marital versus non-marital, it is important to accurately disclose all property to the Court. One way of doing this is through a Financial Affidavit. The information gathered can then run through various calculators and software our firm uses, in order to determine what property is marital and what a division of the assets may look like at various stages. It also allows us to calculate any potential maintenance or spousal support.
Finding an Alternative to Litigation
Divorce matters can be intense and emotions on both sides of the case can run high, which often results in unnecessary litigation. This is especially true when dealing with the division of property. When it comes to our clients, we try to focus first on resolving the disputes between the parties prior to involving the Court. The result is that our clients are able to walk away from a case with a satisfactory result without engaging in expensive and unnecessary litigation.
When You Need an Advocate in the Courtroom
While it is always ideal to resolve cases without unnecessary litigation, it is not always possible. We often see clients struggling against an opposing party, who would rather fight in court over property than reach an amicable resolution. When negotiations fail, our team is ready to head into court and advocate for our clients. One of the most important aspects of our representation is that we strive to get our clients’ voices heard in the courtroom.
A Law Firm That Listens
When you become a client, you are not just getting an attorney, you are getting an entire team that is devoted to working on your case. From our staff that answers your calls 24/7 to our Legal Assistant and Paralegal team, we are there to answer your questions and get you the information you need. Additionally, as a client, you have access to our Client Portal and Law Firm App, which gives you access to your documents 24/7. Choosing The Diggs Law Firm means choosing a law firm that listens.