Posted on September 04, 2012 in Divorce

Given the poor economic climate of the United States, a new study funded by Ohio State University makes a lot of sense.  As people are losing their jobs and drowning in credit card debt, it is hard to swallow paying for a divorce.  Most people try to separate before making a life-changing decision like divorce, but some people just stay separated.

"Long-term separation seems to be the low-cost, do-it-yourself alternative to divorce for many disadvantaged couples," said Dmitry Tumin, co-author of the study and a student studying sociology at Ohio State University. "Separation may not be their first choice, but they may feel it is their best choice."  Tumin compiled the research for this study with the help of sociology professor Zhenchao Qian.  They used data from over 7,000 people across the country who have been surveyed every couple of years since 1974.

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 Posted on August 31, 2012 in Asset Division

Unlike some other states, Illinois is not a community property state. Money or property acquired during the course of the marriage is presumed to belong to the marriage and, as such, is subject to an equitable division upon divorce. What is "equitable" is decided on a case-by-case basis.

Some examples of the property that is divided in a divorce include homes, automobiles, household furniture and furnishings, bank accounts, pensions and retirement plans, stocks and stock options, businesses and business interests, and even frequent flier miles.

In dividing marital property, the Illinois Marriage and Dissolution of Marriage Act requires that the Judge consider the following factors:

1. The contribution of each party to the acquisition, preservations, or increase or decrease in value of the marital or non-marital property, including the contribution of a spouse as a homemaker or to the family unit.

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