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Have you brainstormed with your attorney about property division?

14516869_s.jpgProperty division during a divorce is supposed to be fair in Illinois, but that doesn't necessarily mean that both parties will emerge from negotiations with equal success. In marriages with complex assets, much goes into evaluating and dividing the property to ensure that a spouse's financial future is secure.

Hiding assets in divorce can lead to criminal consequences

10417921_s.jpgThere are cases when protecting assets in a divorce is worth the fight. However, this fight should be done with an attorney within the confines of the law. Never should a husband or wife attempt to hide assets, as this can end up taking a case from family court to criminal court. 

Part one: Dividing assets in Illinois from a controlling spouse

12122038_s.jpgThere are financial risks involved when going through a divorce. For example, a spiteful wife could rack up thousands of dollars worth of credit card debt. Or, she could attempt to hide all documents related to her retirement account and any joint accounts, basically trying to get a bigger share in the divorce settlement. And while this can certainly happen in any divorce, it is of particular concern when one spouse is controlling.

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