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Hinsdale Property Division Attorney

Hinsdale Property Division Attorney

Hinsdale Property Division Attorneys You Can Rely on in Divorce Cases

Many aspects of the divorce process are challenging, but property division tends to be among the most hotly contested issues. Illinois laws are complicated, and spouses often become embroiled in disputes over who gets what. You do have rights regarding the distribution of your assets, and you cannot properly protect them if you do not have in-depth legal knowledge.

Our property division lawyers at the Law Offices of George M. Sanders, P.C. have a keen understanding of statutory law and considerable experience representing clients in divorce cases. You can trust us to fight for your rights, so you can achieve your goals and obtain a fair outcome in asset distribution. Please contact our firm to schedule an initial consultation with a Hinsdale property division attorney who is dedicated to serving your legal needs.

Frequently Asked Questions About Illinois Asset Division Laws

Illinois divorce laws encourage parties to agree on property division, but compromise can be difficult to achieve in heated proceedings. In the event of disputes, a court will decide how to distribute assets between the parties. The process can be complex, so some answers to the most common questions about property division may be helpful.

  • Will All of Our Assets be Divided? Not all of your property will be subject to distribution, as Illinois carves out marital from non-marital assets. Most items acquired during your marriage become part of the marital estate and will be divided in divorce proceedings. Gifts, inheritances, and property you owned separately before getting married are usually considered non-martial property and are generally awarded to the party that received the gift/inheritance or owned the property prior to the marriage
  • What Happens to Property During the Divorce Process? Any marital assets must be protected from waste during divorce proceedings, which can take months or even years. You do have rights if your spouse squanders or devalues marital property. Plus, you do have options if your spouse attempts to conceal assets. Our attorneys employ powerful discovery strategies to locate hidden property, so it can be properly considered in asset distribution.
  • Does Fair Market Value Apply to Assets? Generally, real estate and personal property will be assessed according to their dollar value. However, evaluating some assets may require the assistance of financial professionals. Our firm has longstanding relationships with experts who apply generally accepted accounting principles to assess value on business interests, retirement benefits, and other complex assets.
  • What Happens During Property Division? After determining the value of the marital estate, a court will apply various factors to divide it according to the interests of equity and fairness. Note that the process may not always result in an exact 50-50 split of property, and we will work to ensure the most favorable result for you and your circumstances.

Consult with a Hinsdale Property Division Attorney About Divorce Issues

If you have questions about how our firm can help with asset distribution or any other aspect of divorce, please contact the Law Offices of George M. Sanders, P.C. to set up an initial consultation. We assist clients throughout Chicagoland, including Hinsdale, Cook and DuPage Counties, and the surrounding areas.

Contact Our Illinois Divorce & Custody Law Firm Today

You will find our attorneys to be flexible, responsive, and ready to begin providing exceptional representation to protect your rights and your best interests immediately. Call our law office now at 312-624-7645 to schedule a consultation about your family law needs at no initial charge.

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