Unlocking Fairness: A Comprehensive Guide to Shared Asset Valuation in Illinois Divorce Divorce is a complex journey, and few aspects are as crucial, or as contentious, as the division of marital assets. In Illinois, a state that follows the principle of "equitable distribution," understanding how your shared assets are valued isn't just important—it's foundational to securing a fair settlement. This isn't about a simple 50/50 split; it's about a just and reasonable allocation of property based on numerous factors. Getting the valuation right is the first step in ensuring your financial future is protected. Illinois' Approach: Equitable Distribution, Not Always Equal First and foremost, it's vital to grasp Illinois' core principle: equitable distribution. This means the court will divide marital property in a manner that is fair, but not necessarily equal. The precise distribution depends on various factors outlined in the Illinois Marriage a...