Frequently Asked Questions
How does Illinois divide marital property in divorce?
Illinois is an equitable distribution state under 750 ILCS 5/503. Courts divide marital property fairly (not necessarily equally) based on factors including marriage length, each spouse's contributions, economic circumstances, and any dissipation of assets. Property acquired during marriage is presumed marital.
What is the difference between marital and non-marital property?
Marital property is acquired during the marriage and is subject to division. Non-marital property includes assets owned before marriage, inheritances, and gifts received by one spouse individually. Non-marital property can become marital through commingling or transmutation.
What is dissipation of marital assets?
Dissipation occurs when one spouse uses marital funds for non-marital purposes during the breakdown of the marriage-often spending on a new relationship, gambling, or excessive personal expenses. Illinois courts can award the dissipating spouse a smaller share of remaining assets to compensate.
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