When a couple chooses to get a divorce, the process of dividing marital assets is likely to cause some conflict. Each party may have personal attachments to certain properties, and while it is sometimes fairly straightforward to reach an agreement that satisfies each person’s needs and wishes, certain kinds of properties are especially complicated. When it comes to dividing these properties, it is helpful to have the guidance of an experienced attorney who can help you protect your interests and avoid financial losses.
Typically, the properties that are hardest to divide are those that have the highest value and that both parties rely on. These may include:
If you are concerned about your property interests and the financial impact of your divorce, the attorneys at Mevorah Law Offices LLC can help. We will work with you to reach a fair resolution that prevents you from experiencing excessive hardship. Contact a Lombard, IL divorce lawyer for a free consultation at 630-755-6426.
Source:
https://www.ilga.gov/legislation/ilcs/documents/075000050k503.htm
https://www.nerdwallet.com/article/mortgages/how-to-split-home-value-in-divorce
https://www.investopedia.com/articles/retirement/03/060403.asp
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