Northfield, Illinois, Marital Property Division Lawyer

Chicago Divorce Negotiation Attorney

Throughout your marriage, you and your spouse accumulated property, assets and debt. As your marriage is ending, determinations will need to be made regarding the equitable distribution of both separate property and marital property. At the Law Offices of Sandra M. Rosenbloom, we encourage clients to reach amicable, enduring solutions to marital property division. Using forms of alternative dispute resolution (ADR) like mediation, Collaborative divorce and negotiation, our Northfield, Illinois, marital property division attorneys provide effective and fair advocacy for clients.

Are you interested in discussing your options for reaching a settlement of marital property? Call the Law Offices of Sandra M. Rosenbloom at 847-441-1886 to schedule your consultation. You may also contact us online.

Understanding How Marital Property Is Divided in Illinois

Illinois is an "equitable distribution" state, as opposed to a "community" property state. As a person who is experiencing a divorce, you may wonder what "equitable" means. It is not necessarily a 50/50 division of marital property. Instead, equitable distribution means that property is allotted fairly, a sometimes ambiguous word that requires the services of a knowledgeable family law attorney to explain to you.

Marital property, assets and debt can include:

• The marital home and any mortgages on it
• Real estate property, including vacation homes and investment properties
• Family businesses
• Retirement benefits
• Vehicles
• Recreational vehicles such as boats, RVs and ATVs
• Credit card debt
• Bank accounts
• Stock options, pension plans and 401(k)s

At our Illinois law firm, our representation extends to same-sex couples that are involved in ending domestic partnerships and civil unions.

Reaching Marital Property Division Settlements Through Various Methods

Marital property division can be obtained through various forms of ADR, including Collaborative law, mediation and negotiated settlements, or in court. Throughout your divorce, our firm provides you with strong advocacy as well as practical advice. We will focus on protecting your rights; handling your concerns with compassion and helping you work through difficult property decisions. Additionally, we will draft prenuptial and postnuptial agreements. These documents can help you avoid litigation in a divorce.

Contact a Northfield, Illinois, Marital Property Division Lawyer

If you have a question about Illinois marital property division, contact the Law Offices of Sandra M. Rosenbloom in Northfield at 847-441-1886.