Arlington Heights and Chicago High Asset Divorce Attorney
In the state of Illinois, marital property must be equitably divided should a couple decide to divorce. Any assets earned or acquired during a marriage must be apportioned in a manner that is equitable given the economic, work, health, and living circumstances of the parties involved.
When one or both spouses owns a closely held business or when substantial assets are involved, the division of marital assets can be quite complicated. In the case of a closely held business, how much of its revenue and customer base is generated from personal goodwill as opposed to enterprise goodwill? What is its value once return on investment is taken into consideration? At the Law Offices of Roger W. Stelk, we work with business evaluators and forensic accountants in high asset divorce cases while taking steps to ensure our client’s long-term financial and legal interests are protected.
If you own a business or have substantial assets through investments or real property, contact divorce lawyer Roger W. Stelk today to schedule an appointment to discuss your case.
Division of Marital Assets
The Law Offices of Roger W. Stelk counsels and represents clients in regard to the following:
- Division of investment funds
- Qualified Domestic Relations Orders
- Assets tied into closely held businesses
- Marital property and a large inheritance
- Equity earned on a real estate investments
High Asset Divorce – What Counts as Marital Property
The division of marital property can be complicated by disputes surrounding what should and shouldn’t be counted as marital property. For instance, if one spouse inherits a large sum of money and uses part of it to remodel a home or invest in stock, how much of it can be counted as marital property? In the case of a home brought into a marriage, how much of the equity earned should be considered subject to division?
In representing our clients, we have the resources and knowledge needed to uncover previously undisclosed martial assets while accurately categorizing what should and shouldn’t count against marital property.
Contact Marital Property Division Attorney Roger W. Stelk
If you’re facing divorce and have substantial assets in a business or in investments, contact high asset divorce attorney Roger W. Stelk today to schedule an appointment and learn how we can help you (847) 506-7330.