Bonds And Divorce In Illinois
Bonds, whether corporate bonds, municipal bonds, or U.S. Government bonds, may be impacted by the divorce process.
During divorce in Illinois, and depending on the specific facts and circumstances, bonds may be classified as marital property or non-marital property. If the bonds are classified as marital property, then they are subject to division between the divorcing parties. Bonds may be a substantial portion of the parties' marital estate in high net worth divorce cases.
In Illinois, during the discovery process in a divorce case, both parties must make a full and complete disclosure of all assets and properties, including bonds, in which each party has any interest.
Because of the complexity of divorce and its significant legal and financial implications, it is prudent to seek the counsel of a dedicated divorce attorney regarding the complex property division of bonds. Barrington divorce attorney Blake Austin Culver at Richard W. Culver, Ltd. can assist in protecting your legal rights, claims, and interests in connection with bonds. Blake can evaluate your specific circumstances and help guide you through the divorce process.Possible Dissipation
In the event that you suspect your spouse is selling bonds without your approval, click dissipation for additional information.Contact a Barrington Divorce Lawyer at Richard W. Culver, Ltd. Today
Call 847-382-2900 or complete the online contact form to schedule a confidential consultation at Richard W. Culver, Ltd. Evening and weekend appointments are available as necessary to accommodate clients' schedules. Utilize seven tips for your initial consultation with a divorce attorney.