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Posts tagged "marital property"

How does a divorce affect inheritance?

It's incredible how many little details must be worked out in order for a divorce to be finalized. There are issues of child custody, alimony, child custody and, sometimes the most contentious issue of them all, who gets what. Property division is one of the most complex factors in a split. The divorcing couple has to decide how to divide all of their funds and possessions, which is not an easy task when both sides are typically hurt and angered.

Illinois divorcing couples may divide a 401(k)

Divorce can be complicated but may be especially difficult when a couple owns considerable property to be divided. Knowing what each spouse holds in assets and how to split them up can ease the process. Even a 401(k) can be divided if the proper steps are taken.

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Goddard & Malmquist
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