The Law Office of Matthew M. Williams, P.C.


1444 North Farnsworth Avenue, Suite 307, Aurora, IL 60505

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What Does Being an “In Spouse” or “Out Spouse” Mean in an Illinois Divorce?

Posted on in Divorce Finances

Naperville divorce attorney for asset division

Financial planning is always a smart decision, but during a divorce, financial planning can become critical. Developing a financial plan can become an extremely important piece of ensuring your financial health after the divorce. You have likely heard of the old adage that “knowledge is power,” but that is especially true when it comes to a divorce. 

Understanding the “In Spouse” and “Out Spouse”

In many cohabiting couples, there is usually a spouse who is more financially savvy and knowledgeable about the household’s finances than the other. This spouse is typically referred to as the “in spouse” because they are the ones who are in the financial loop. The other spouse, referred to as the “out spouse,” usually has little to no knowledge of how the household’s finances are handled. The “in spouse” may handle every aspect of the finances, such as paying the bills every month, keeping track of bank accounts, making investments, and creating and maintaining a budget. Naturally, the “in spouse” would have a bit of an advantage over the “out spouse,” who has not really been involved in the monetary aspect of the divorce. In some cases, the “in spouse” may be controlling or secretive about the family’s finances, making it difficult for the “out spouse” to get an accurate understanding of what they are working with. 

How You Can Protect Yourself as an “Out Spouse”

The best ways you can protect yourself during the divorce if you are an “out spouse” are to hire professionals and listen to their advice. A divorce attorney who has experience dealing with couples with an imbalance of power can be invaluable. Attorney Matthew M. Wiliams has extensive experience helping divorcing individuals examine their financial situation, working with financial professionals, and building a plan for future financial success.

In many cases, it is also prudent to hire a certified divorce financial analyst (CDFA) who is highly trained and knowledgeable about issues pertaining to divorce. A CDFA will help you understand the long-term impacts of the decisions you make during the asset and debt division processes, as well as helping you understand what financial information you should be aware of.

Our North Aurora, IL Divorce Lawyer Can Help

As important as other issues and aspects of your divorce can seem, the financial aspect of things is one of the most crucial. If you do not prepare yourself and plan for post-divorce life, you may find yourself struggling financially. Thankfully, our skilled Kendall County divorce attorney has experience helping couples with various financial situations during a divorce. To schedule a consultation to begin discussing your case, call our office today at 630-409-8184.




The Law Office of Matthew M. Williams, P.C.


1444 North Farnsworth Avenue, Suite 307, Aurora, IL 60505

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