Illinois is an equitable distribution state, meaning that each party is entitled to a fair share of marital assets. Marital assets are items that were acquired while the parties were married. It does not matter if it was simply one of the parties that were making these purchases, if it was purchased or earned during the marriage, then both parties are entitled to it. The exception to this is if the asset was obtained through inheritance or gift.
High-value marital assets are one of the biggest issues that prolong divorces and make them more complex than they need to be. If the parties are willing to discuss these matters with a level head, they may be able to negotiate a fair divide between their assets. If they cannot reach an agreement, the court divides marital assets according to the “equitable distribution” doctrine.
Dividing High-Value Marital Assets
When going through a divorce with high-value assets, both parties need a full understanding of all the assets they own and acquired during their marriage and the value of these assets. The value of these assets is often up for debate, so it is recommended to have them professionally valued by an appraiser. Here are some important assets that the spouses may need to address:
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The term “
According to the Illinois Collaborative Process Act (ICPA), “collaborative process” is defined as a “procedure intended to resolve a collaborative process matter without the intervention of the court.” 
In the state of Illinois, 
Formerly known as alimony, 
Establishing an agreeable parenting plan can be complex and contentious, especially if the divorce is acrimonious. Parenting plans include the allocation of parental responsibilities, which entails essential decision-making, like the child’s education and healthcare. Parenting time, formerly known as visitation, is also included in a parenting plan. The best interest of the child is always paramount under Illinois law. A
Many people assume that they will be granted a more favorable
Credit card debt is a common burden that afflicts many Americans. Out of frivolity or necessity, credit card debt can be easy to accumulate. In fact, as of 2022, the credit card debt of American citizens has risen to $925 billion, which is a 15 percent increase from 2021. When a divorcing spouse discovers, unbeknownst to them, that their spouse has accrued debt from one credit card or multiple credit cards, the divorce can become acrimonious. The 
According to the Centers for Disease Control and Prevention (CDC), in 2020, more than 40 percent of all births were out-of-wedlock. Sometimes the paternity of the father of out-of-wedlock births is unknown. Other times, for whatever reason, a mother may purposely keep the paternity private from the father. Unless paternity is established, the mother retains all legal rights to her child. A
Child custody battles can sometimes be traumatic, stressful, and agonizing; however, when one parent suffers from addiction problems, the custody battle can be even more contentious and chaotic. Addiction comes in many forms, and a parent's addiction can have lasting and damaging mental and emotional effects on a child's well-being through adulthood. For instance, a child of an abusive alcoholic father could grow up with post-traumatic stress disorder (PTSD) or develop co-dependency. The consequences of the dysfunction caused by an addicted parent are severe, as many children can feel shame, embarrassment, abandonment, and anger.
Guardianship of a minor child is a serious responsibility, complete with a host of complexities to consider, including the child’s psychological well-being. When a child is orphaned or neglected, they need a suitable guardian; without one, the child becomes the ward of the state. According to Children’s Home + Aid, over 4,000 children enter the Illinois foster care system annually. Currently, there are more than 16,000 children in Illinois’s foster care system. A
Under Illinois law, 
Life circumstances can change in an instant. Catastrophic accidents or diseases may debilitate an adult to the point that they need a guardian to help manage their finances and healthcare. A
Social media is a valuable tool that enables people to market their businesses, promote their support groups, advocate for causes, and provide a sense of connection among family and friends who may live long distances. It also provides loved ones with accessibility to the social media user’s lifestyle, opinions, and emotions. During the COVID-19 quarantine, many depended on social media as an outlet to maintain relationships and human interaction. According to one source, as of 2021, 82 percent of the US population has a social media profile, which accounts for 223 million Americans. But with all the benefits, social media has a sordid underbelly. 
Asset division during divorce can sometimes exacerbate acrimony between the parties, especially if the dispute involves inherited assets. Under Illinois law, inheritance is considered non-marital property. However, ascertaining whether the inherited property ever shifted into marital property can be complicated. Once inherited assets are commingled with marital property, the inherited property can become marital.
Child support in Illinois terminates at age 18 or high school graduation. Since January 1, 2016, codified in Section 513 of the Illinois Marriage and Dissolution of Marriage Act, divorced parents have been obligated to contribute to their non-minor child’s education and living expenses. However, these agreed-upon contributions, stated in the divorce decree, can be modified. For instance, a modification is likely if one parent is incapable of contributing payment because of unemployment or illness. If a financially able parent default on payment, then that parent can be held in contempt of court. 
In the United States, pets are often treated and considered family members. Their devotion is clear, as nearly $70 billion is spent annually on pets, according to the American Pet Products Association (APPA). The 85 million families who own at least one pet, which accounts for 67 percent of American households, demonstrates how massive the pet industry is to the economy. The bond between some owners and their pets is intense. 
Child custody battles can be contentious, acrimonious, traumatic, and costly. A reliable child custody attorney can help with dispute resolution to facilitate an amicable outcome. However, when dispute resolution, like mediation, fails, the court may appoint a guardian ad litem (GAL), a child representative, or a custody evaluator to help determine what is in the child's best interests. These investigations can be intrusive, nerve-racking, and embarrassing, making some feel unfairly judged. A
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