Allison & Mosby - Scott
Marital Property Division

Marital Property Division in Illinois Family Courts
Bloomington, Illinois, Divorce Lawyer

Q. Will the court consider my pension to be marital property?
A. Any portion of your pension that was acquired during your marriage is marital property and may be subject to marital property division between you and your former spouse.

Q. How can I protect the property I owned before marriage from being divided in a divorce?
A. You can protect premarital assets by having a prenuptial or postnuptial agreement. You can also make sure that during your marriage, you do not use any marital monies to preserve or enhance your premarital property. Also, avoid putting your spouse's name on any documents related to premarital assets.

After child custody, the division of property is the second mostly hotly contested issue in most divorces. Even couples who have many areas of agreement may find themselves stuck on the division of one asset they both hold dear: this is usually the home 


Practice Areas

Family Law
Divorce
Child Custody &  Support
Marital Property Division

Personal Injury
Car & Truck Accidents
Premises Liability

Legal Malpractice
Missing a Deadline
Conflict of Interest
Transactional Errors

Probates, Wills & Trusts

or retirement accounts.

A skilled and experienced attorney can be a great help in cases of property division, particularly the division of complex marital assets such as businesses.

Your divorce attorney will make sure you have a good understanding of:

  • All the assets you have and the actual value of those assets today (not the value when you purchased it year ago)
  • How the courts view those assets, whether they are considered marital property or nonmarital property
  • What the tax consequences are likely to be for a particular type of property, as well as the tax consequences of spousal support and child support

Bloomington divorce lawyer Michelle Mosby-Scott has been helping people through Illinois divorce and marital property division cases for seven years. She brings to each client a host of resources to help him or her understand the financial picture, as well as sound legal advice to help an ex-spouse make important decisions when negotiating with a former partner.

At the law office of Allison & Mosby-Scott, you will find the legal help you need to reach a resolution in your divorce and marital property division case. We help with court cases and help clients wrap up remaining property division issues even years after the fact (e.g., if your divorce decree gives an ex-spouse a financial stake in the future sale of a home or business).

Contact our office to schedule a consultation. We are aggressive protectors of our clients' interests in divorces.

____________________________________________________________________________________

210 1/2 N. Williamsburg Dr
Bloomington IL 61704
Phone: 309-662-5084
Fax: 309-662-2994
_____________________________________________________________________________________________________

Disclaimer 

HOME
FIRM OVERVIEW
FIRM PROFILES
PRACTICE AREAS
RESOURCES
CONTACT US