These are a few examples of how funds become commingled during marriage. The more money you have, the more property you buy, the more likely you are to commingle funds.
Property division in Illinois can be complicated. Family lawyer Dheanna Fikaris answers questions about how property is divided during an Illinois divorce.
High asset divorce cases often entail complex legal issues. Here are some key things to consider.
You could save your rings for your children, transform them into other pieces of jewelry, or sell them. However, selling your wedding rings on divorce might be the smartest – and most practical – way to dispose of them.
Protecting your legal rights during divorce means you need to be knowledgeable about how marital homes, businesses, and pension plans are handled during divorce.
Moving to a new home could help you move on after divorce – out of your comfort zone, but with the opportunity to make new memories. Learn what steps you can take to relocate after divorce in a less stressful and eco-friendly way.
Are you a high-net-worth individual going through a divorce in California? Ensuring you take the right steps during a high-asset divorce and seek out professional help can save you a lot of trouble down the line.
During divorce, a Statement of Net Worth outlines each party’s income, assets, expenses, and outstanding debts. Failure to disclose assets on this Statement could have serious consequences.
Handling finances when married is hard enough. Adding separation into the mix can make financial management even more difficult. Before you and your spouse begin splitting finances during separation, keep the following advice in mind.
Don’t leave money on the table during divorce! By understanding property division on divorce, and knowing what property can and cannot be included in the marital estate, you will have a better chance of getting your fair share.