Free 30 Minute Consultation: (630) 852-1100
45 S. Park Blvd., Suite 230, Glen Ellyn, IL 60137

Illinois Property Division Lawyers (1040)

Disputes over finances are often cited as the number one cause of divorce in the U.S. As such, it is not surprising that the matter of property division within divorce proceedings is often the most contentious issue. At the law firm of Mulyk Laho Law, LLC, our lawyers are highly experienced in handling this often complicated aspect of the divorce process.

Contact the Property Division Attorneys at Mulyk Laho Law, LLC at (630) 852-1100

There are three main steps in dividing property in a divorce—determining which property is marital property, assigning a value to the marital property and determining how the marital property will be distributed. In general, marital property consists of all property that is acquired during a marriage, which was not acquired by one spouse through an inheritance or as a gift. Valuing that property can be difficult and often requires the assistance of accountants and appraisers.

Understanding Equitable Distribution

Illinois is an equitable distribution state. The takes into consideration many factors to determine an equitable or fair split of the marital property, including but not limited to:

  • Duration of the marriage
  • Contributions of each spouse including homemaking services
  • Earning power of each spouse
  • Who earned the property
  • Value of non-marital property
  • Post-divorce circumstances of the spouse including child custody arrangements
  • Pre-nuptial agreements

Our attorneys are knowledgeable concerning all of the factors that go into determining an equitable distribution of property. As skilled negotiators and litigators, we fight for the interests of our clients whether it is across a table or in a court room.

If you are in need of an attorney that concentrates in the area of family law or any of our other related practice areas, contact Mulyk Laho Law, LLC at (630) 852-1100 or by email to make an appointment for a consultation.

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Family Law Alert

As of January 1, 2016, major changes to child custody and visitation laws went into effect. Read more.

Divorce Guide

Divorce GuideGoing through a divorce is a difficult time for individuals and families. In addition to the emotional issues that may arise, there are also many challenging legal matters that have to be settled. The law firm of Mulyk Laho Law, LLC offers clients expert guidance when navigating the complex world of divorce law.

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Children and Divorce Guide

Children and DivorceOur attorneys work hard to ensure that all parties involved remember that the real focus in any child support or custody dispute are the children. We provide compassionate representation and strive to achieve a result that is in the best interests of the child and works for all parties involved.

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The law offices of Mulyk Laho Law, LLC
45 S. Park Blvd., Suite 230, Glen Ellyn, IL 60137
Phone: (630) 852-1100
Fax: (630) 852-1128