Contact Us For Help!

Is Everything Split 50-50?

No, it is not. At least, there is no hard and fast rule that automatically entitles each spouse to one-half of the marital assets.

While a 50-50 division typically occurs more often than not, it happens only when it is consistent with equity and fairness. For example, 50-50 would be fair and equitable if both spouses had the same or relatively equivalent earnings. However, if one partner earns $90,000 per year and the other partner earns $20,000 per year, then the court may divide their property 60-40 or 65-35 in favor of the spouse who earns less.

Depending on the length of the marriage, the parties’ health circumstances and income potential, the extent of their respective earnings and non-marital assets, and other pertinent factors, it is not uncommon for the court to award 80% to 100% of the marital assets to one spouse.

Another factor to consider is the amount of spousal support that is awarded to the financially dependent spouse. If the alimony/maintenance award is above or below the norm (depending on each party’s financial wherewithal and needs), then the property division may fluctuate to a percentage that achieves overall fairness and equity between the parties.

Next

For More Information:

We welcome hearing from you and we invite your questions. There is no obligation. No one will ever know that we spoke or what we discussed. Everything you say is privileged, confidential, and completely classified. We do not maintain a mailing list and will not contact you unless you ask us to.

Calling us is easy. Ask for Richard or Kari (Oak Brook 630-928-0600), or email us at rk@illinoislegal.com or kc@illinoislegal.com.

If we are in court or in a meeting when you call, one of us will personally get back to you as quickly as possible. We are extremely discreet with callbacks and reply emails. Just leave your name and a secure email address or personal cell phone number.

Richard and Kari are staunch advocates of the non-court approach to divorce, and are also active and seasoned litigators with over 60 years of combined trial experience in the Illinois divorce courts of Cook, DuPage, and Will counties.

OAK BROOK

1 S 660 Midwest Road Suite 320 Oakbrook Terrace, IL 60181

630.928.0600

630.928.0670

See Map and Directions to our office

Informal. No-Hassle. No-Pressure.

Stop In and tell us what's on your mind!

We have lots of understanding and lots of coffee (or water).

Call 630-928-0600 to book your initial office consultation.

Learn More

Download Free Ebooks

"55 Divorce Money Wasters" and
"63 Divorce Money Saving Tips"

Civilizeddivorce