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Archives for October 2016

Dividing Assets in a Divorce

The equitable division of assets in a divorce requires accurately accounting for physical and financial assets, debts, and liabilities. In Illinois, the division of assets may be done by the couple with the assistance of their attorney, a mediator, or it may be ordered by the court. It is important to remember that the State of Illinois divides assets equitably; not equally. In cases where the … [Read more...]