High-Asset Divorce Archives

High-income spouses have to think clearly about divorce

Divorce is always a difficult process, but there are two reasons that it can involve even more effort and perhaps disagreement than a divorce between couples who don't have significant wealth. The first is the emotional attachments that have to change so that people can move on to a better life after their marriage ends. The second is managing the property and assets from a marriage that is ending.

What should you know about the big money issues in a divorce

Illinois readers know that divorce will bring significant changes to almost every area of life. From your living arrangements to your bank account, you will have to make adjustments and shifts. Dealing with the major financial issues that present themselves at the end of a marriage is a daunting task, but you may find it beneficial to learn more about how you can pursue a strong post-divorce future despite these challenges.

Predicting property distribution in Illinois divorces

Divorce is a difficult decision for married people to make, but the process itself does not have to be difficult. Illinois has some of the simplest procedures for filing for divorce in the United States, with a 90-day residency requirement for the spouse filing for a fault or no-fault divorce.

Rights surrounding your pension following high-asset divorce

Divorce has become a common occurrence across the country today and the same can be said for high-asset divorce. A divorce is labeled as high-asset when there are significant assets being divided in the agreement. They come in the form of properties, money, investments, collections or retirement accounts.

Common mistakes to avoid in a high asset divorce

A high asset divorce can be one of the most complicated, if not stressful, types of divorces out there. Many people will never experience this type of divorce in their lifetime. Those that do will want to know common mistakes to avoid during the process in Illinois.

What should I be ready to discuss with my divorce attorney?

Divorce is never easy. Even an uncontested divorce in Illinois can become contested if a glitch develops in the negotiations over the myriad issues that must be addressed. There are obvious matters that any person considering divorce should plan to talk about with an attorney.