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Family Law: Property and Financial Aspects of Dissolution Actions 2019 Edition

This guide highlights complicated property and financial issues that arise in a dissolution of marriage action.

A marriage involves many decisions about property, monetary interests, and financial concerns. A dissolution of a marriage usually requires as many or more such decisions. These decisions concern the long-term welfare of not only the two spouses but also can affect dependent children, adult children with disabilities, or aging parents. The skill with which an attorney manages such complex issues has lasting effects for all involved. This handbook is a practical guide to finding a fair and reasonable resolution in a dissolution action. Practice guidance and in-depth discussion is provided for the types, collection, modification, and termination of maintenance; common, state, and federal law concerning premarital agreements; Illinois law governing postnuptial agreements; the scope and application of the principles of equitable distribution; bankruptcy in the dissolution context; QDROs and other retirement plans upon dissolution; marital settlement agreements; the tax aspects of dissolution and separation; and the division of assets related to employee benefits.

Chapter 1 — Maintenance

Joshua T. Friedman and Doris S. McMorrow, Davis Friedman, LLP, Chicago

Chapter 2 — Premarital Agreements

Patricia A. Hoke, Barrett, Twomey, Broom, Hughes & Hoke, LLP, Carbondale

Chapter 3 — Postnuptial Agreements

P. André Katz, Katz & Stefani, LLC, Chicago

Chapter 4 — Property Considerations upon Dissolution and Declaration of Invalidity

Erin B. Bodendorfer, Katz & Stefani, LLC, Chicago

Chapter 5 — Bankruptcy

David P. Leibowitz, Law Offices of David P. Leibowitz, Chicago, and Justin R. Storer, Bauch & Michaels LLC, Chicago

Chapter 6 — QDROs and Other Considerations for Retirement Plan Assets upon Dissolution

Gregory K. Brown and Christopher K. Buch, Holland & Knight, LLP, Chicago

Chapter 7 — Marital Settlement Agreements

Joshua M. Jackson and Patrick T. Ryan, Schiller DuCanto & Fleck LLP, Lake Forest, Chicago

Chapter 8 — Tax Aspects of Dissolution and Separation

Claire R. McKenzie, Eric R. Pfanenstiel, and Katherine Welz Herr, Schiller DuCanto & Fleck LLP, Wheaton, Chicago

Chapter 9 — Unique Employee Benefits: Stock Options, ESOPs, Etc.

Daniel R. Stefani, Katz & Stefani, LLC, Chicago, and Meighan A. Harmon, Schiller DuCanto & Fleck LLP, Chicago

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A marriage involves many decisions about property, monetary interests, and financial concerns. A dissolution of a marriage usually requires as many or more such decisions. These decisions concern the long-term welfare of not only the two spouses but also can affect dependent children, adult children with disabilities, or aging parents. The skill with which an attorney manages such complex issues has lasting effects for all involved. This handbook is a practical guide to finding a fair and reasonable resolution in a dissolution action. Practice guidance and in-depth discussion is provided for the types, collection, modification, and termination of maintenance; common, state, and federal law concerning premarital agreements; Illinois law governing postnuptial agreements; the scope and application of the principles of equitable distribution; bankruptcy in the dissolution context; QDROs and other retirement plans upon dissolution; marital settlement agreements; the tax aspects of dissolution and separation; and the division of assets related to employee benefits.

Chapter 1 — Maintenance

Joshua T. Friedman and Doris S. McMorrow, Davis Friedman, LLP, Chicago

Chapter 2 — Premarital Agreements

Patricia A. Hoke, Barrett, Twomey, Broom, Hughes & Hoke, LLP, Carbondale

Chapter 3 — Postnuptial Agreements

P. André Katz, Katz & Stefani, LLC, Chicago

Chapter 4 — Property Considerations upon Dissolution and Declaration of Invalidity

Erin B. Bodendorfer, Katz & Stefani, LLC, Chicago

Chapter 5 — Bankruptcy

David P. Leibowitz, Law Offices of David P. Leibowitz, Chicago, and Justin R. Storer, Bauch & Michaels LLC, Chicago

Chapter 6 — QDROs and Other Considerations for Retirement Plan Assets upon Dissolution

Gregory K. Brown and Christopher K. Buch, Holland & Knight, LLP, Chicago

Chapter 7 — Marital Settlement Agreements

Joshua M. Jackson and Patrick T. Ryan, Schiller DuCanto & Fleck LLP, Lake Forest, Chicago

Chapter 8 — Tax Aspects of Dissolution and Separation

Claire R. McKenzie, Eric R. Pfanenstiel, and Katherine Welz Herr, Schiller DuCanto & Fleck LLP, Wheaton, Chicago

Chapter 9 — Unique Employee Benefits: Stock Options, ESOPs, Etc.

Daniel R. Stefani, Katz & Stefani, LLC, Chicago, and Meighan A. Harmon, Schiller DuCanto & Fleck LLP, Chicago

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