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Illinois is what is known as an equitable distribution state, so everything considered marital property is examined and divided via a just division.
Generally, a surviving spouse is entitled to receive a spouses award of $20,000, plus an additional $10,000 for each dependent child living with the spouse. (Note that a dependent child may be a minor or an adult.)
Non-marital property (or separate property) is property owned by only one party, not both. This means it is not divided in the property division process and not considered under equitable division. This includes assets gained before the marriage, as a gift, or from an inheritance.
Illinois is an equitable distribution state. So, when spouses are splitting assets in a divorce, marital property is not divided evenly between spouses. Instead, the court follows the Illinois property division laws to split assets based on what is fair.
Generally, a surviving spouse is entitled to receive a spouses award of $20,000, plus an additional $10,000 for each dependent child living with the spouse. (Note that a dependent child may be a minor or an adult.)
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Generally, a surviving spouse is entitled to receive a spouses award of $20,000, plus an additional $10,000 for each dependent child living with the spouse. (Note that a dependent child may be a minor or an adult.)
Illinois is what is known as an equitable distribution state, so everything considered marital property is examined and divided via a just division.
Generally, a surviving spouse is entitled to receive a spouses award of $20,000, plus an additional $10,000 for each dependent child living with the spouse. (Note that a dependent child may be a minor or an adult.)
Illinois is an equitable distribution state. So, when spouses are splitting assets in a divorce, marital property is not divided evenly between spouses. Instead, the court follows the Illinois property division laws to split assets based on what is fair.
Illinois is what is known as an equitable distribution state, so everything considered marital property is examined and divided via a just division.

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