Division of Retirement Assets in an Illinois Divorce
When couples get divorced in Illinois, they will divide the marital property they have acquired during the marriage. The marital property includes the accumulated value of the spouses’ retirement assets. When a couple can negotiate their property division, they can agree to a divorce settlement and keep their case out of court. However, when a couple cannot agree, the court will need to step in and decide how the couple's retirement benefits will be divided. Three major types of retirement...
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