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Illinois Additional Personal Property & Bank accounts-Divorce No Children) ISCa)

State:
Illinois
Control #:
IL-SKU-2812
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PDF
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additional Personal Property & Bank accounts-Divorce No Children) ISCa) Illinois Additional Personal Property & Bank accounts-Divorce No Children) Inca) is the Illinois statute that outlines the division of assets between spouses in a divorce without children. This division includes all additional personal property and bank accounts owned by either spouse prior to or acquired during the marriage. Under the statute, the court divides the assets in an equitable manner, taking into account the contributions of each party to the marriage. Generally, the division of assets is based on the length of the marriage, the income and financial condition of each party, and any other relevant factors. The types of additional personal property and bank accounts that may be divided in a divorce without children in Illinois include: real estate, automobiles, stocks, bonds, pension and retirement accounts, bank accounts, investments, business assets, insurance policies, and any other assets owned by either spouse.

Illinois Additional Personal Property & Bank accounts-Divorce No Children) Inca) is the Illinois statute that outlines the division of assets between spouses in a divorce without children. This division includes all additional personal property and bank accounts owned by either spouse prior to or acquired during the marriage. Under the statute, the court divides the assets in an equitable manner, taking into account the contributions of each party to the marriage. Generally, the division of assets is based on the length of the marriage, the income and financial condition of each party, and any other relevant factors. The types of additional personal property and bank accounts that may be divided in a divorce without children in Illinois include: real estate, automobiles, stocks, bonds, pension and retirement accounts, bank accounts, investments, business assets, insurance policies, and any other assets owned by either spouse.

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Illinois Additional Personal Property & Bank accounts-Divorce No Children) ISCa)