Define Fillable Fields In Legal Illinois Property Settlement Forms For Free

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.

O You must file the Appearance form in the county where the court case is filed. o Make copies of your original Appearance for yourself and each party in the case. o Bring the original Appearance and the copies to the Circuit Clerk at the courthouse. Appearance, and return these copies to you.

In a marriage of under 5 years, maintenance payments last for 20% of the marriage's length. For a 9-10 year marriage, alimony payments last 40% of the marriage's length. 20+ years of marriage means alimony will either last the marriage's length or indefinitely.

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.

If both parties lived in the house, it is a marital asset and will be split. Because Illinois is an equitable distribution state, the marital estate is not always split 50/50. The house cannot be physically split in half, so one party can keep it, it can be sold, or it can continue to be co-owned.

While some states require a 50-50 split of marital assets, Illinois does not. Instead, divorcing spouses in Illinois must divide their marital assets ing to the principles of equitable distribution.