Complex Property Division
Illinois law requires judges to make a "just distribution" of marital assets when it comes to dividing property in the event of a divorce. However, when the divorce involves spouses with a high amount of assets, the process can become considerably more complicated.
At the Illinois, family law firm of Thomas W. Hunter, P.C., our attorneys effectively represent individuals going through a divorce facing property division issues of considerable complexity, scale or even the possibility of fraud. We can provide the clarity you need when dealing with all types of valuable assets, helping you find a resolution that protects your financial interests.
Over 30 Years of Experience Protecting Your Most-Valued Assets
For high net worth couples, the assets typically go beyond typical property division issues of a marital home and savings. When dealing with multiple properties, family business ownership stakes, executive compensation, stock options and lucrative retirement plans, several questions are raised:
Can you claim one asset as nonmarital property in exchange for another?
What is the true value of these assets? How much should your spouse receive from it?
If you sold your home, how much would each of you receive?
Can you use an investment portfolio for spousal support instead of property division?
If you and your spouse have a prenuptial agreement, many issues can be addressed quickly. If you do not, however, you will need experienced legal representation to help. We can work with forensic accountants and other financial experts on complicated valuation issues and uncovering hidden assets.
Our experience in these complex issues can give you a clear advantage in either settlement negotiations or at trial. We are also extremely careful to consider the effects ofthe property division process on your tax liabilities.
Do Not Handle This Dispute Alone. Contact Thomas W. Hunter, P.C.
Even if you and your spouse are working together to divide your assets, it is important you do not give away any of your rights in the process. Signing an agreement without legal advice could leave you exposed to financial harm in the future.
For representation that protects your interests, contact our lawyers in Illinois to schedule a free consultation.