Divorce Lawyers for Northwest Suburban Chicago Business Owners, High Net Worth Individuals and Couples
The law firm of Glasgow & Olsson in Schaumburg, Illinois has combined legal experience spanning five decades and is a leading firm with a multifaceted approach to divorce. Whether you are dealing with the possibility of divorce or in the midst of being served, our firm is uniquely positioned to advocate on your behalf, handling everything from accurate business valuations to the fair division of marital assets.
Our firm provides essential services and partners with top experts for handling complex divorces that involve extensive assets. When we choose partners to enhance the strength of your case, we select top-rated professionals with stellar reputations in their respective fields.
High Net Worth Divorce Issues in Illinois
Divorce stirs a range of emotions, especially those cases that involve high-dollar assets and incomes. Led by Illinois Super Lawyer, Mr. Thomas Glasgow, our attorneys have a reputation for carefully examining the circumstances of each case and crafting a plan to deliver fair outcomes. At the core of our practice is a commitment to treat our clients with high esteem and genuine care.
In high asset divorces, there are several issues of utmost importance that become the basis for arriving at an equitable decision:
- Characterization of property (marital and non-marital)
- Valuation of business assets and closely-held ventures
- Investigation of hidden assets and asset transference
- Proper appraisals for tangible assets
- Examination of existing prenuptial and postnuptial agreements
Illinois is an equitable distribution state. This means that, by law, the division of property and assets is guided by several factors. Equitable means fair, not equal. Each case has its own unique circumstances. According to Illinois laws (750 ILCS 5/503) marital property is property “acquired by either spouse subsequent to the marriage,” and is subject to several exceptions. Non-marital property is defined by a variety of situations and circumstances. Our firm will take time to properly define the disposition of marital assets and help you understand the process.
When substantial assets are involved, knowledgeable counsel is priceless. We do not deal in theories when it comes to your business interests. We team with financial experts to provide detailed valuations for high-dollar businesses. We work with reputable professionals to protect your interests with equity and tenacity. We will meet with the client and our experts to discuss each foreseeably troublesome deposit, withdrawal or transfer.
Our firm will carefully investigate the facts of your family law matter and ensure the proper disclosure of assets and asset transference, accuracy in appraisal data and the enforceability and validity of existing agreements concerning the distribution of marital property.
If you have extensive assets and are facing a divorce, contact our office today. Our attorneys will provide sound legal guidance and treat you with courtesy and respect. We serve clients across Cook, DuPage and Kane Counties. Our offices are in Schaumburg, Illinois, and we serve clients in Barrington, Barrington Hills, Geneva, Hoffman Estates, Rolling Meadows, Palatine, Wheaton, and throughout Chicagoland. Please call (847) 577-8700 today.