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chicago property division | Chicago Illinois Family Law Blog

Is Sale of the Family Home Necessary During Divorce?

By Leslie Fineberg on March 14, 2013

When considering a divorce many questions come to mind. While we initially concern ourselves with the well being of our children and our own emotional health, financial matters must also be considered. In the state of Illinois, property or money acquired during the marriage is presumed to belong to the marriage and to be subject to equitable (fair) division upon divorce. Examples of property to be equitably divided during a divorce include the following:

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