Six Important Property Division Factors in Illinois
Illinois law requires an equitable property division during a divorce proceeding, and that is not necessarily the same thing as an equal distribution. In many cases, 60-40, 80-20, and maybe even 100-0 may be equitable under the circumstances. “Equitable” is not an abstract concept in Illinois law. Instead, the judge makes this determination after considering the 12 factors listed in the Illinois Marriage and Dissolution of Marriage Act. In the event that the case settles out of court, and most...
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