What can unmarried couples do to ensure fairly divided assets? Read on to learn how to protect your largest asset, the home, with cohabitation agreements.
Property Division
Do divorcing couples need to get a real estate appraiser if they own multiple properties?
It’s something that I like to make the recommendation for rather than having the client go out and pick somebody out of the Yellow Pages. We have a group of real estate appraisers that we frequently work with here at the firm. These are people that are experienced, they’re licensed by the state, and they’re […]
What does the court look at when dividing assets in a divorce?
The courts look at factors including, but not limited to, each of the parties’ contribution to marital or non-marital property, dissipation by either party of marital property, the duration of the marriage, the value of property and the agreement by the parties, the parties’ age, health, occupation, skills of the parties, whether maintenance is awarded […]
What should women keep in mind when deciding the fate of the family home?
The marital home can be extremely important to both spouses, often for deep emotional reasons. Where we live is a big part of our identity. For women with children there can be fears about uprooting children from the home and possibly their school and friends as a result. While it’s certainly easier not to move […]
What do I need to do to get my fair share?
How do I know which method of valuing a business is best for my business?
Chuck Roberts is family lawyer at Momkus McCluskey Roberts, LLC, one of the largest law firms in DuPage County, Illinois.
Three Perspectives on Keeping the House, or Not
Deciding what to do with the family home can cause a lot of conflict between a divorcing couple. Here’s some guidance from a mental-health professional, a financial professional, and a lawyer.
Will Divorce Affect Your Mortgage?
One way or another, divorce will affect your mortgage. If you have an outstanding mortgage on the marital home, there are a range of options for you to consider.
5 Things You Need To Know About Divorce and Your Finances
Before committing to going through a divorce, make sure you are prepared for the financial changes that divorce brings.
Are the business assets divided during the divorce, or is it normally one spouse gets the business and the other spouse gets…
It’s much more common for one side to take the business interest and the other side to receive an offsetting distribution of other assets. As you put it, maybe one side does get the business and the other side gets the house. Maybe there’s retirement money that can be apportioned disproportionately to compensate the spouse […]
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