Discover how property is valued and divided in an Illinois divorce, ensuring a fair outcome for all parties involved.

How Property is Valued and Divided in an Illinois Divorce

Introduction In the midst of a divorce, it’s crucial to fully understand your circumstances. Take stock of your assets, liabilities, and overall financial standing. Assessing your situation comprehensively sets the stage for informed decision-making throughout the divorce process. Evaluating Financial Assets and Liabilities Before proceeding with the divorce proceedings, gather documentation related to your financial…