Illinois shouldn’t be a group property state. As an alternative, it follows the rules of equitable distribution. Which means that in a divorce, marital property is split pretty, not essentially equally. For instance, whereas a 50/50 break up is widespread, a decide could think about components like every partner’s contribution to the wedding, financial circumstances, and length of the wedding to find out a simply division of property.
The equitable distribution system goals to supply a versatile and individualized strategy to property division, recognizing that every marriage and its monetary dynamics are distinctive. Traditionally, many states operated underneath common-law property guidelines the place possession was usually solely tied to the person who earned or acquired the asset. The shift in direction of equitable distribution displays a broader societal recognition of the non-financial contributions spouses make to a wedding.