Best Child Custody Lawyers in Peoria, IL

Simply stated, marital assets are property acquired during the marriage. They are subject to equitable, but not necessarily an equal division. A number of factors come into play and include: - Income earning capacity of each party - Age of the parties - Health of the parties - Size of the estate - Financial needs of the parties - Only marital property is subject to property division in Peoria IL and the rest of the state. Challenges exist, especially when assets are commingled or a long-term marriage where both parties benefit from the household income and investments. Our job is to work with you to determine marital property versus the nonmarital property. We also take on complex asset division that involves 401(k)s, pensions, and retirement accounts.