Law Offices of Robert M. Kaplan, P.C.
SCHAUMBURG FAMILY LAW ATTORNEY

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What You Should Know about Division of Property

In divorce situations, couples who are not able to agree on how to divide marital property may seek the help of a mediator or a lawyer. If the still cannot come to an agreement, a judge will decide. Illinois has specific laws about dividing property for all couples, including those in Hoffman Estates.

In the state of Illinois, the law requires the fair division of property, but that doesn’t necessarily mean equal. Let’s take a look at what is considered when it comes to division of property.

What Is Considered Relevant in Division of Property

When a couple is in court facing a judge who is going to make decisions for them, ...

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Misconceptions Regarding Division of Property

Division of Property Law in Schaumburg

As common as divorce has become in the state of Illinois, the division of property in Hoffman Estates still brings up a lot of questions by couples who are going through the process. In fact, there are a lot of misconceptions regarding division of property in a divorce. Let’s go over a few of them here.

All Marital Assets Are “Community Property”

Many people believe that their possessions belong to them, even when there is a divorce. This is not true, however. In the state of Illinois, assets owned by a couple before they file are community property. That said, one spouse can claim an asset as their own, ...

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