Pension Benefits and Your Divorce

In an Illinois divorce, marital property is subject to an “equitable division” between spouses. Marital property is basically all property acquired during the course of the marriage. When considering this equitable, or fair, division, there are some marital assets that are easier to divide and distribute than others. For example, if there are two cars  … Read more

Qualified Domestic Relations Orders Explained

A qualified domestic relations order (QDRO) is a court order or judgment that requires that all or a part of a person’s participant retirement benefits be paid to a spouse, former spouse, child or other dependent of the “participant.” Contact my firm for more information. The recipient of the retirement benefits is called the “alternate  … Read more