Stock market’s wild ride can make divorce allocations a bit tricky

Modern Family

By Brett M. Buckley

An associate attorney with Schiller DuCanto & Fleck LLP, Brett M. Buckley represents business owners, executives, professionals, celebrities, professional athletes, people with multigenerational wealth and their spouses in divorce and custody disputes. He can be reached at bbuckley@sdflaw.com.

Posted November 1, 2018 10:35 AM

Following more than a year of stock market euphoria, 2018 served as a harsh reminder of the concept of market volatility.In divorce cases, litigants have the option to take their case to trial or reach a settlement. When litigants opt for the latter, their rights and obligations concerning issues of property allocation, spousal and child support and the like are outlined in a marital settlement agreement.The Illinois Marriage and Dissolution of Marriage Act vests courts with the discretion to value assets and liabilities …

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