Illinois is not a community property state for divorce settlements and judgments. That means that most property accumulated by the married couple, over the course of the marriage is subject to valuation and litigation as part of the final settlement.
When emotional arguments are allowed to take over the settlement negotiations, many couples find themselves in expensive litigation, even when they thought they had many of the property issues already worked out at their kitchen table. Having an experienced attorney to work through the settlement negotiations to seek fair resolutions that address your long-term needs will make a significant difference in the long-term outcome of your final settlement.
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If protecting your financial interests through a fair division of your marital property will be a significant factor in your pending divorce in Cook County, DuPage County or Lake County, Illinois, call the Law Offices of Donald J. Cosley in Rolling Meadows. People have been turning to Illinois divorce attorney Donald Cosley for more than 17 years, finding solutions to the most complex marital property settlement issues.
We work toward fair, negotiated settlements whenever possible. If the other side is not prepared to accept a mediated settlement, you will have an experienced, knowledgeable trial attorney fighting to protect your financial interests.
If you are filing for divorce in the Greater Chicago metro area, talk to us about any of your marital property issues, including:
- House and real estate property
- Delayed compensation, stock options, investment accounts
- Business property valuation and division
- Pension funds, 401(k) accounts and other qualified retirement assets
- High income and high-asset division
- College tuition and special needs support
- Hidden investment, overseas assets, tax shelters
- Spousal support and child support concerns
A Note About Marital Debt
Divorcing spouses often forget that debt accumulated over the course of the marriage is also considered a marital liability, subject to litigation in the final divorce settlement. The type and amount of debt can become a contentious issue, if one spouse denies knowledge or liability. Attorney Donald Cosley has significant experience focused on this area of marital property settlements.
In addition to property settlements during divorce representation, we can also help you with enforcement and contempt of divorce judgments.
From offices in Rolling Meadows, the Law Offices of Donald J. Cosley represents clients in Cook County, Lake County, DuPage County, Illinois, and communities throughout the greater metropolitan Chicago area. Contact us to schedule a free consultation with an experienced Rolling Meadows division of marital assets lawyer today.
