How Dissipation Impacts Distribution of Marital Property

Family Law Blog

How Dissipation Impacts Distribution of Marital Property

November 11, 2020 | Uncategorized

Marital property is property obtained during the marriage.  Although there are exceptions, this includes income earned, retirement benefits gained, and other pieces of property purchased, such as a house or stocks. When people divorce, the marital property must be distributed.  Illinois is a “Equitable Dissolution State”, meaning the marital property is not automatically divided 50/50.  […]

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