Illinois Attorneys Assists with Equitable Property Distribution

Experienced divorce lawyers representing your rights in the Saint Charles area

In Illinois, assets acquired and liabilities incurred during the marriage are legally presumed to be marital property, and when couples divorce those assets are subject to equitable distribution. Under this standard, when couples cannot reach an agreement on dividing their assets, courts will divide marital property in a manner that is fair and equitable, though not necessarily equal. At {Lengle & Nyuli, LLC}, we represent clients in the Saint Charles area and throughout Illinois to ensure that their rights are upheld and their marital property and debt are divided equitably.

Detail-oriented advocate protects your assets

Before the actual distribution of marital property can happen, assets must be valuated and classified as either marital or non-marital. Marital property comprises assets acquired during the marriage and available for distribution; non-marital property consists of assets acquired prior to the marriage or by gift or inheritance and usually exempt from division. We have the necessary familiarity with Illinois’s equitable distribution laws to distinguish property as either marital or non-marital. We also have the skill to trace the commingling of separate assets with marital assets, prevent unfair distribution.

Marital property may include anything you have acquired during the marriage, such as:

  • The marital home and vacation homes
  • Stocks and bonds
  • Automobiles
  • Bank accounts
  • Investment accounts
  • Home furnishings
  • Life insurance cash values 
  • Retirement funds
  • Pensions and annuities
  • Businesses

Courts will base property division determinations on a number of factors, which may include the financial situation and earning power of each spouse, the degree to which each spouse contributed to the acquisition of marital property, and the future needs and liabilities of each spouse. We will ensure the court has all the information it needs to fairly divide your assets.

Responsive divorce counselors pursues favorable property division results

At {Lengle & Nyuli, LLC}, we strive to convert an otherwise stressful and contentious matter into a positive resolution. Our over 68 years of combined family law experience has equipped us to handle negotiation and mediation in property division matters whenever appropriate, affording you greater control over the outcome. But experience has shown us that property division is often one of the most contentious issues in a divorce, and when you and your ex-spouse are unable to agree on how to divide your assets, we are fully prepared to advocate for your rights in court.

Contact a reliable Illinois family lawyer for asset division help

We represent clients throughout Illinois in cases involving the equitable distribution of their marital property and debts. Call {Lengle & Nyuli, LLC} at 630-587-5600 or contact us online to schedule a consultation at our Saint Charles office.

Contact the Firm

!
!
!

Lengle & Nyuli, LLC

Address

2445 Dean Street,
Suite G,
Saint Charles, Illinois 60175