Sound Legal Representation Through Complex Asset Division
According to Illinois law, the division of marital assets follows principles of equitable division. Assets purchased or accumulated during a marriage will be subject to the equitable division process. The law considers a fair division according to factors in the Illinois Marriage and Dissolution Of Marriage Act. These factors include the length of the marriage, the contribution of each spouse to the acquisition of the assets, the contributions of each spouse as a parent and homemaker and the ability of each spouse to acquire assets in the future.
One of the most difficult challenges is determining the actual value of assets such as closely held businesses. Our attorneys possess the experience and expertise to guide you through the process and obtain the best possible result.
At Kirsh & Associates, LTD., we have decades of experience handling complex high-asset divorce cases, focusing on protecting your best interests. We understand that the basis of fair asset division stems from a comprehensive understanding of the valuation of such assets, including the tax consequences of their division.
Responsive Advocacy Focused On Providing Transparency and Fairness For Division of Assets
Our lawyers will work tirelessly to provide you with a full picture of the assets subject to division and their value, so we can secure your fair share of assets. To do so, we will:
- Identify all marital and non-marital assets, including retirement assets such as 401(k) plans and investment portfolios and stock accounts
- Obtain valuations of complex assets such as businesses and artwork
- Analyze documents that may reveal transfers to partners or other parties before asset division or any other activity that could be deemed fraudulent or affect the value of the asset
A complete analysis and exploration of all the assets and wealth involved in a divorce allows us to make better decisions in the other areas of your case, including child support and spousal maintenance. We also handle complex matters that arise in cases of gray divorces.
We know you have questions about the entire divorce process. After an initial consultation with us, we will discuss the potential avenues and scenarios to solve your current legal issues and help you start a new life.
We Are Your Legal Allies Throughout The Entire Process
Meet with our attorneys at our Chicago office. Contact our team by calling 312-605-1718 or by emailing us a brief description of your questions and concerns. We will zealously represent your best interests.