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Divorce can be complex and emotionally taxing for Illinois couples, especially when dividing assets such as art collections. For many couples, an art collection is a significant financial investment and a reflection of their shared interests and values. Appraising the...
Divorces can be complicated in Illinois, and dividing assets, such as a pension plan, can be one of the most challenging aspects of the process. A pension plan is a retirement savings plan designed to provide income to an individual after they retire. It can be a...
Many people participate in 401(k) plans at work, making it one of their most valuable assets. When a couple decides to divorce, their 401(k)s play a significant role in the divorce settlement or court order. Here are the details about dividing assets/pensions in a...
During a divorce, couples in Illinois will need to negotiate the division of assets and their debts. Dividing debts might be challenging, particularly if the spouses had consolidated their student loans into a joint spousal consolidation student loan. In the past, it...
Divorce can have a great many effects on your medical practice in Chicago. One of them can be the fact that your former spouse may be entitled to a portion of the value of your practice as part of the property settlement. This is the kind of twist of fate that can...
A lot goes on during a divorce: You need to find a way to deal with your emotions, handle custody and visitation arrangements, decide who gets to keep the house or the business and more. With all this upheaval, it can be easy to forget about your pension. Basically,...
