Property Division and Spousal Maintenance Lawyer
Property division and alimony are some of the most contentious issues involved in Illinois divorce proceedings. Michael Meschino is an Illinois divorce lawyer with more than twenty years of experience helping people resolve complex legal matters. He is committed to helping clients in Schaumburg, Arlington Heights, and Chicago's northwest suburbs work through the issues associated with the division of marital property.
Protecting Your Rights Before and After Divorce
Michael Meschino • Divorce Lawyer • 1-800-835-4202
Determining how to equitably distribute assets and debt during a divorce is complex. Asset distribution can be affected by child custody issues, child support payments, and spousal support or alimony payments. Michael Meschino has significant experience handling property valuations, business valuations, and helping clients assess property that is not part of the marital estate.
Property and debt division can have a significant impact on spousal support payments. More and more courts are dividing marital assets disproportionately in lieu of spousal support payments. Michael Meschino examines each case closely to determine what is in the best interests of his client, then he works aggressively to protect their interests.
Spouses in divorce may acquire non-marital property during the course of a marriage. This is property that comes through either gifts, inheritance or pursuant to a prenuptial or postnuptial agreement. The key in many of these situations is to determine when the property was acquired, how title is held and whether or not there has been a transmutation of the property from non-marital to marital. For instance, an inheritance that starts out as non-marital property may be transmuted into marital property by placing the funds from an inheritance into a jointly held bank account. The protection of property that is not part of the marital estate and the determination as to what is part of the marital estate is a necessary function of an experienced Illinois divorce lawyer who understands these complex legal matters.
Illinois Spousal Maintenance
There are two forms of spousal support, permanent maintenance and rehabilitative maintenance. Permanent maintenance is typically granted to individuals who have relied completely on their former spouse's income and are elderly or unlikely to ever earn an income that allows them to maintain their current life-style. Rehabilitative maintenance is awarded to provide people financial support while they return to the work force. Michael Meschino regularly works with clients on alimony issues. He is committed to ensuring his clients are in a position to financially move forward with their lives.
Our law firm represents clients throughout the northwestern suburbs of Chicago, Illinois, including Palatine, Arlington Heights, Wheeling, Rolling Meadows, Buffalo Grove, and Barrington.
Email us or call us at 1-800-835-4202 for a free initial consultation with an experienced divorce attorney.
