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Property Division Issues in a High Asset Illinois Divorce
Every divorce case has unique factors that can influence the outcome, but property division is more complicated in high-asset divorces. Without meticulous analysis and the assistance of an experienced Illinois high-asset divorce attorney, you risk undervaluing assets or accepting an unfair agreement. Consider these challenging elements that are common to high-value divorces before speaking with a legal representative.
Investments and Stock Options
Illinois follows the rule of "equitable distribution" of assets and debts in a divorce, dividing property as fairly and justly as possible. Individuals and couples with a high net worth tend to have investments and stocks, and these assets can be subject to division if they are marital property, which generally means they were earned during the marriage.