What is High Asset Divorce?
In Illinois, High Asset Divorce is where either or both spouses have wealth of $1 million dollars or more. Family Law High Asset Divorce is usually complex and requires experienced divorce attorneys, like us, who understand all financial issues involved. Let us help you fight for your rights and to what you’ve earned.
What to Consider with a High Asset Divorce?
In Illinois, the court divides martial property and asserts equitably. Meaning, the court decides which spouse deserves which property and assets. Judgements could be 50/50, 60/40, 70/30, or lower.
The court considers several factors to ensure a fair division and/or distribution, including:
- The duration of the marriage
- Each spouse’s income and assets
- Contributions to the marriage
- The standard of living during the marriage
- The economic circumstances of each spouse post-divorce
- Expert witnesses
- Forensic accountants
- Prenuptial agreements (Can be challenged)
- postnuptial agreements (Can be challenged)
Why is Watson Law BEST for a High Asset Divorce?
At Watson Law, we’re experienced Family Law attorneys who specialize in High Asset Divorces, and we’ll help you navigate the process and protect your rights and interests. Schedule An Appointment today to get started.
