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Savings, Checking, Money Market Accounts And Divorce

Barrington Divorce Attorney | Protecting Financial Accounts in Divorce

If you are embarking upon divorce in Illinois, you may be concerned about how savings, checking, and money market accounts may be affected.

Learn More about What May Be Rightfully Yours in Divorce:

In divorce, and depending on the particular facts of the case, savings, checking, and money market accounts may be classified as marital property or non-marital property. If these types of accounts are classified as marital property, then they are subject to division between the divorcing parties. Please note that savings, checking, and money market accounts may be subtantial assets of the parties' marital estate in high net worth divorce cases. With so much at stake, review the benefits of hiring a trusted Barrington divorce attorney.

During the discovery process in an Illinois divorce case, both parties must make a full and complete disclosure of all assets and properties, including savings, checking, and money market accounts, in which each party has any interest.

Divorce is complex with significant legal and financial implications. It is prudent to seek the counsel of a dedicated and experienced complex property division regarding savings, checking, and money market accounts. Barrington divorce attorney Blake Austin Culver at Richard W. Culver, Ltd. can assist you in protecting your legal rights, claims, and interest in connection with these types of accounts. Blake can assess the particular facts of your case, and Blake can help guide you through the divorce process.

Possible Dissipation:

In the event you suspect your spouse is withdrawing money from savings, checking, or money market accounts without your approval, click dissipation for additional information.

Contact a Barrington Divorce Lawyer at Richard W. Culver, Ltd.

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 to accommodate clients' schedules. Utilize seven tips for your initial consultation with a divorce attorney.