High Net Worth Divorce Attorney
The divorce process is likely to be difficult for everyone. But finalizing a divorce with high net worth requires not just legal experience, but a deeper understanding of the financial aspects. We know that divorces with high assets are different. Our Illinois high net worth divorce lawyer can assist you with portfolios, negotiations, or the split of marital assets. At Hurst, Robin, Kay & Allen, LLC, we use a personalized approach so our clients feel supported and that their best interests are protected.
High Net Worth Divorce Lawyer Illinois
There are many steps involved with a high net worth divorce. Our high net worth divorce attorney can help you make decisions regarding division of marital property, evaluation of assets, categorize community property, divide complex assets, deal with debts, and consider tax implications. Dividing your property is not just about splitting your assets, it is about making sure that there is equal distribution which acknowledges both partners and what they gave to the marriage. The state of Illinois, like most other states, abide by the principle of equitable distribution. In other words, marital property may not be divided equally but still in a manner that is fair. As our Illinois high net worth divorce lawyer explains, factors that may be assessed include the duration of the marriage, future financial needs, each party’s economic situation, and contributions to the marital estate.
During your divorce, making sure that the property is accurately valuated is imperative. We may have professionals appraise your real estate, investments, and businesses. When dividing complex assets, we review stock options, business interests, luxury items, and retirement accounts. This can be complicated, particularly if these assets have tax implications or cannot be easily liquidated. There may also be debts that either of you had accumulated, pertaining to car loans, mortgages, credit card debts, and other liabilities. Lastly, those who are going through a high net worth divorce will need to understand the tax implications when dividing their marital property. Our high net worth divorce attorney can ensure that there is clear understanding of how taxes can affect the assets you receive.
Why Experience Matters For High Net Worth Divorce Cases
Divorce can be challenging no matter what your financial status is. But when you have valuable assets of high worth, we recommend consulting with our high net worth divorce attorney for the following reasons:
- Our clients would tell you that we were very attentive to their case and stayed available to them when we were needed.
- We bring both compassion and advocacy to every case we take on, understanding how difficult high net divorces can be.
- We are an award-winning law firm, as Attorneys Olga Allen and Brian Hurst were awarded 2025 Super Lawyers!
If you are in need of a legal team that has the ability and determination to finalize with your divorce with more ease, contact us at Hurst, Robin, Kay & Allen, LLC. Our Illinois high net worth divorce lawyer is ready to get to work on your divorce case.