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Strategies for property division amid a marital breakup

On Behalf of | Jul 31, 2021 | Uncategorized

Spouses who decide to end their marriage are most likely aware that the process can be lengthy and complex. Dividing property is often one of the more stressful and challenging parts of the divorce process. For those in Illinois who are going through a divorce, here are a few strategies that could make property division a little easier and less stressful.  

Mediation 

The process of dividing marital property amid a divorce usually starts with taking inventory of all assets and property that have been obtained during the marriage. There may be some difficult or emotional issues that arise during the process, which is totally normal. A mediator can help couples work through any issues that arise. Some states require a mediator and some don’t, but it is usually worth the time and effort to obtain a mediator in order to keep matters out of court. 

Avoid fighting over minor things 

Over the course of a marriage, one spouse may have accumulated items such as decor or art that have emotional value or significance. While it may be tempting to fight for these items, it is more important that spouses work it out amongst themselves and reach an agreement. The goal, if reasonably possible, is to avoid litigation. If spouses are unable to come to an agreement, the matters will go to court, and emotional attachment means nothing in court. The judge will view items as marital property, nothing more or less. 

Also, never attempt to hide marital assets. Intentionally hiding marital assets is against the law and could have legal consequences. Property division amid divorce can be tricky and is often complicated. In the state of Illinois, any individual who wants to ensure that he or she is protected throughout a divorce may want to consider discussions with a seasoned legal representative. A knowledgeable family law attorney can safeguard individual rights and help the client keep what is legally his or hers.