Illinois Division of Property and Divorce Attorneys

Property Division Lawyers in Cook, DuPage, Kane and Will Counties, IL

The State of Illinois is an equitable distribution state when it comes to the division of marital property. That means that the division of property does not have to be equal, but it must be equitable and fair. The system of equitable distribution is a subjective one and relies on the court’s discretion. At the Law Offices of David A. King P.C. we are experienced in helping clients through the property division process. We work closely with our clients to understand their goals and achieve the best possible property settlement or judgment.

Complex Division of Property Matters

The more assets a couple has, the more complicated it is to divide them in a divorce. When negotiating the distribution of assets, it is important to consider both short-term and long-term implications. All types of financial assets should be addressed in a divorce settlement including:

  • Real estate holdings
  • Retirement accounts (including 401ks and IRAs)
  • Stocks and bonds
  • Pensions
  • Health insurance
  • Life insurance
  • Social Security benefits

Our attorneys work with clients to develop an asset distribution strategy that ensures their financial stability now and in the future.

Litigating Property Division Disputes

If property division issues are negotiated between spouses outside of court, the doctrine of equitable distribution is not a factor. Outside of court, couples are free to divide their marital property as they see fit. The settlement process can often be assited by the use of a skilled mediator. Our firm offers mediaition and would be happy to speak with you about the mediation process.

When spouses cannot agree on how some or all of their assets should be distributed, the dispute must be litigated. The court will then use its discretion to divide assets equitably. Our firm is experienced in litigating division of property issues. We have handled many high-asset divorces and are skilled in representing our clients’ interests in court.

If you are planning on getting divorced or are in the process of getting divorced and need experienced legal counsel on division of property issues, contact us to schedule a consultation to discuss your situation. From our Oakbrook Terrace office, we serve clients throughout the Chicago area including DuPage, Kane and Cook counties.

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Law Office of David A. King, P.C. represents clients in greater Chicagoland, including DuPage County, Kane County, Will County, Cook County, and the communities of Chicago, Naperville, Wheaton, Aurora, Warrenville, Carol Stream, Oak Brook, Oakbrook Terrace, Hinsdale, Elmhurst, Lombard, Villa Park, St. Charles, Geneva, Joliet, Plainfield, Bolingbrook, Woodridge, Darien, Glen Ellyn, Addison, Bloomingdale, Lisle, Winfield, Schaumburg, Arlington Heights, Buffalo Grove, Palatine, Northbrook, and throughout Northern Illinois.

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