Lombard, IL High-Asset Divorce Lawyers

Experienced Divorce Attorneys for Couples With a High Net Worth in Lombard, Illinois

Every divorcing couple has to divide their assets and debts. Property division for some couples is relatively straightforward, but it can be more complex in situations involving high incomes and valuable assets. High-asset couples may have a multitude of diverse assets that will require expert valuations, advice from accountants about tax implications, and considerations related to inheritances, trusts, and prenuptial or postnuptial agreements. Not every lawyer has the experience and legal knowledge necessary to ensure your best interests are protected in these complex divorces.

Since 1997, The Law Offices of Robert F. Kramer, Ltd. has provided competent, highly effective support and legal counsel in high-net-worth divorce cases. We have the skills, resources, and knowledge to protect your best interests. With more than 40 years of combined experience, our firm's focus is on bettering the lives of our clients. You can rely on our discretion, as we understand your desire to keep your personal matters private.

Complex Asset Division in a Lombard High-Asset Divorce

Illinois is an equitable distribution state, meaning that each spouse should retain a fair share of their joint marital assets. Over time, you may have amassed multiple liquid assets, business interests, real estate properties, and valuable collections. You could also have various investments, overseas assets, and retirement assets. Some couples may be unsure about where all their assets are or how much they are worth.

High-asset divorces require you to provide an exhaustive listing of all your assets, along with your debts. Your spouse may attempt to hide or transfer some of your assets, or they could intentionally deplete the available funds to keep you from receiving your fair share. The Law Offices of Robert F. Kramer, Ltd. has considerable experience with asset dissipation cases, so we know how to uncover anomalies and track missing assets.

Inheritances either of you received, whether before or during your marriage, could be considered individual property. Depending on how inheritances are used, they might also be designated as marital property and subject to equitable distribution. Our legal team can help you dispute or enforce premarital or postmarital agreements, address concerns related to trusts, and determine the best ways to handle other financial concerns.

Assigning Accurate Current Values to Your Assets in an Illinois Divorce

Some assets, like savings accounts, are easier to evaluate. However, assets such as antiques, businesses, and vehicles like cars, boats, and planes may require expert appraisals. Restructuring assets during divorce is a possibility, but you need to consider the tax consequences, and you should include experts in those areas in your professional team. Because The Law Offices of Robert F. Kramer, Ltd. has handled multiple high-asset divorce cases, we can identify and address potential complications proactively, and our resources include various experts who can help calculate the value of your assets correctly.

You may own residential, commercial, and investment properties along with other assets. With one of our attorneys also being a licensed real estate broker, this can provide extra advantages when it comes to valuing your real estate holdings.

Determining Spousal Support in Illinois High-Net-Worth Divorces

Many high-asset couples enjoy an elevated standard of living. One or both spouses may not work, relying on investments or other means to support their lifestyle. In a divorce, spousal support may be warranted to allow a spouse to continue the standard of living he or she enjoyed during the marriage. This issue is often the source of extreme conflict, and you need a steadfast advocate on your side to ensure that any spousal support arrangement you make is fair.

Illinois High-Asset Divorce Matters Involving Your Children

If you and your spouse share minor children, you must make several decisions during your divorce. Physical and legal child custody, child support, and other guidelines that support your children's best interests should be included in your parenting plan. Your lawyer will help you structure your parenting plan using multiple case-specific considerations, tailoring it to address your objectives and your children's unique needs.

Contact our Lombard High Net Worth Divorce Attorneys

Respected, accomplished, and supportive—those terms describe our firm, our attorneys, and our entire legal team. The Law Offices of Robert F. Kramer, Ltd. understands the intricacies involved in high-asset divorce, and we will work closely with you to achieve your objectives and protect your interests. Arrange your free initial consultation by submitting an online request or calling 630-785-2400 today.