Property Division Attorneys in Chicago
Ensuring a Smooth Divorce Process in Chicagoland
The division of property is often a highly contested issue between divorcing spouses, no matter the extent of their assets. In Illinois, a couple’s property is deemed by a court to be either “marital property” or “non-marital property.”
If you and your spouse are encountering disputes or need assistance with the property division process, do not hesitate to consult with the Law Offices of Jonathan Merel, P.C. Our Chicago property division attorneys understand that this process can be extremely difficult – and we are ready to put our decades of experience to work for you.
Call our firm at (312) 487-2795 or contact us online to request a free 20-minute consultation.
The Property Division Process
During a divorce proceeding, the marital property and marital debt must be divided as crucial components of the dissolution action. The court is required to order a fair and equitable distribution of property acquired during the marriage in accordance with the criteria set forth in Section 503 of the Illinois Marriage and Dissolution of Marriage Act.
Our Chicago property division attorneys are experienced in representing clients in divorce proceedings involving significant assets, including but not limited to:
- Investment portfolios
- Real estate holdings
- Retirement accounts
- Family-owned businesses
We are skilled at categorizing and valuing these assets to achieve the most financially beneficial result for our clients. Our attorneys can also consult with industry experts – such as tax advisors and financial consultants – to ensure that all property is fairly valued and divided.
Seek Guidance from the Law Offices of Jonathan Merel, P.C.
The process of valuing and dividing your property can seem overwhelming or even impossible. Our team is here to take the burden off your shoulders and make everything a little easier. Since 2009, we have been helping couples find fair and favorable resolutions to their property dispute during divorce. We look forward to assisting you and your family.
Give us a call at (312) 487-2795 or complete our online contact form to request a free 20-minute consultation.