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  • Home
  • About
    • Michael R. Taege
    • Rachel Morgan
    • Nicole Valenti
    • Kasia M. Naugle
    • David Weiss
    • Madelyn King
    • Grace Lee
    • Erica Soto Gerena
    • Our Staff
  • Family Law
    • Divorce
      • High Net Worth Divorce
      • Hidden Assets In Divorce
      • Tax Considerations In Divorce
      • Gray Divorce
    • Property Division
      • Dividing Retirement Assets
      • Business Division/ Professionals
      • Debt Division
    • Spousal Maintenance
    • Child Custody & Parenting Time
    • Mothers’ Rights
    • Fathers’ Rights
    • Parental Alienation
    • Child Support
    • LGBTQ+ Family Law
    • Post – Divorce Modifications
  • Testimonials
  • Blog
  • Areas We Serve
    • Chicago
    • Palatine
    • + View More
  • Contact
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Property division

Divorcing spouses can work together to sell their home

On Behalf of Taege Law Offices | Apr 15, 2022 | Property division

If you’re like many divorcing couples, your home is your most valuable shared asset. Many couples opt to sell it and split the profit so they’ve each got a nice bit of money to start their new lives.  In a seller’s market like we’re seeing now, getting a good price...

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How is a QDRO calculated?

On Behalf of Taege Law Offices | Apr 3, 2022 | Property division

When dividing a pension plan, a Qualified Domestic Relations Order will often be used. This order specifies that someone other than the employee should benefit from the pension. This person would be the ex-spouse after the divorce. This is a useful tool because it...

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Two factors that can influence “equitable distribution” in a Chicago divorce

On Behalf of Taege Law Offices | Aug 10, 2021 | Property division

No couple enters into marriage with the goal of divorcing one day -- but divorce can happen to anybody. When a couple decides to end their union, one of the questions they have to grapple with is how marital property will be divided. Like other aspects of divorce, the...

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Are you on the hook for the cost of your spouse’s student loans?

On Behalf of Taege Law Offices | Jul 27, 2021 | Property division

During a divorce, one of the things you’ll need to do is to decide how to divide your debts. One of the debts that you may share is your partner’s student loans. Student loans that are taken out during your marriage could be marital debts in some cases. The fact that...

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3 assets that can lead to complications in an Illinois divorce

On Behalf of Taege Law Offices | Jun 24, 2021 | Property division

Most couples planning to divorce don't agree about the best way to split their property. Couples can argue over everything from their art collection and furniture to their vehicles.  However, there are certain assets that are more likely than others to lead to serious...

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Can you and your ex continue to own a family business?

On Behalf of Taege Law Offices | May 12, 2021 | Property division

The demographics of a family change when there’s a divorce. For some families, this is a transition that is easier to accept. However, there are times when external factors might affect the income stream of both spouses. One of this occurs when the parties who divorce...

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Commingled funds affect property division in high-asset divorces

On Behalf of Taege Law Offices | Mar 31, 2021 | Property division

When people get married, they rarely assume that the marriage will one day end in divorce. Most couples begin to share everything right from the start, including their separate property. For example, if you earn more than your spouse, you might routinely use your...

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How is property divided in an Illinois divorce?

On Behalf of Taege Law Offices | Feb 12, 2021 | Property division

One of the biggest concerns someone faces when they decide to divorce is how they will divide their property and assets with their spouse. If you’ve been married and have a home, how are you going to split that with your spouse? Or your country club membership? Will...

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Taege Law Offices

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312-667-7706

Chicago Address

744 N Wells St
Ste 200
Chicago, IL 60654-3521
Chicago Law Office
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Palatine Address

800 E. NW Highway
Suite 506
Palatine, IL 60074
Palatine Law Office

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