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When both spouses want the house in an Illinois divorce, neither spouse automatically has the right to keep it. Illinois follows equitable distribution principles, meaning marital assets are divided in just proportions based on statutory

Maintaining the same standard of living after an Illinois divorce can be difficult because the income that once supported one household may now need to support two. Housing costs, utilities, insurance, taxes, childcare, transportation, and

Marital property in an Illinois divorce generally includes most assets and debts acquired by either spouse during the marriage, regardless of whose name appears on the title or account. This can include real estate, income,

To protect your financial future before filing for divorce, understand your assets, debts, income, expenses, and legal rights before making major financial decisions. Divorce can affect bank accounts, real estate, retirement savings, investments, taxes, and

If you own private equity interests, carried interest, fund units, or private-company shares, you may be asking whether your spouse can claim them during divorce. In Illinois, the answer depends on whether the asset is

When a divorce involves a medical practice, law firm, dental office, accounting firm, or other professional business, one of the most important questions is whether the practice will be considered part of the marital estate.