Search for: "In re Marriage of Schlichting" Results 1 - 4 of 4
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8 Oct 2023, 9:59 am by Russell Knight
” In re Marriage of Schlichting, 19 NE 3d 1055 – Ill: Appellate Court, 2nd Dist. 2014 You can very rarely own half a small business. [read post]
18 Feb 2023, 7:35 am by Russell Knight
” In re Marriage of Devick, 735 NE 2d 153 – Ill: Appellate Court, 2nd Dist. 2000 (citing  Bryan-Barber Realty, Inc. v. [read post]
24 Nov 2022, 9:07 am by Russell Knight
” In re Marriage of Schlichting, 19 NE 3d 1055 – Ill: Appellate Court, 2nd Dist. 2014 If both parties do not work in the business, there is usually a massive gap in the understanding of the business’s value and income between the spouse that operates the business and the spouse that does not operate the business. [read post]
28 May 2023, 4:46 pm by Russell Knight
” In re Marriage of Schlichting, 19 NE 3d 1055 – Ill: Appellate Court, 2nd Dist. 2014 Without agreement, the business will be awarded to one spouse and a portion of the business’s value will be equitably distributed to the other spouse. [read post]