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Note that answers given in this section cannot take the place of independent legal or financial advise. Please read our disclaimer.
“Will I get 50% of our family assets?”
In Illinois, assets are divided “equitably.” While, in many cases, what is “equitable” will also be equal, sometimes equity requires that assets be divided 60/40 or 70/30 or some other way.
Karen A. Covy, J.D. is a divorce attorney and family law mediator in Chicago Illinois . She is the author of When Happily Ever After Ends, How to Survive Your Divorce Emotionally, Financially and Legally.