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How Are Offshore Bank Accounts Handled in an Illinois Divorce? - Caesar & Bender, LLP
From Caesar & Bender, LLP - How Are Offshore Bank Accounts Handled in an Illinois Divorce? explores how offshore bank accounts are classified, disclosed, and divided under the Illinois Marriage and Dissolution of Marriage Act (IMDMA) in Chicago divorce cases. This episode breaks down how Cook County courts treat foreign financial holdings, why equitable distribution applies regardless of whether assets are in the Cayman Islands, Switzerland, or elsewhere, and what challenges arise when valuing and enforcing division across international borders.
Listeners will hear how attorneys Molly E…
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