For Illinois couples, going through a divorce is never easy. There are many emotional, psychological, practical and logistical issues that we need to be considered and addressed. The division of marital assets and liabilities is one of these important issues, and it often leads to many heated disputes. Disputes are particularly common for couples who own complex property.
At SAM LAW OFFICE, LLC, our experienced Inverness divorce attorneys have represented many clients in complicated property distribution cases. No matter what type of assets you own, we can help protect your legal rights. If you are getting divorced in Inverness, Illinois, and you own complex assets, please contact our firm today for immediate assistance with your case.
Illinois is an equitable distribution jurisdiction. This means that a couple’s marital property should be divided in a “fair and just” manner. Notably, this does not mean that marital assets and debts will always be divided as a fifty-fifty split. Quite the contrary. The principles of fairness will control all Inverness property division dispute cases. Most often, a property division dispute will arise between spouses because they are trying to split up complex assets. Complex assets are notoriously difficult to value and handle during divorce.
The division of assets can be straightforward, or it can be extremely difficult, depending on the type of assets involved. For example, the money within a marital bank account is usually relatively easy to split up. There is no dispute as to the true value of the cash. However, complex assets can be difficult to value. Our Inverness divorce lawyers specialize in helping our clients in cases involving very complex assets. Some common examples include:
When we take on your case, our Illinois family law lawyers will always start by working closely with you so that we can identify your short-term and long-term personal and financial goals. Once we know exactly what you want to get out of the property division process, we will work aggressively to fight for your best interests.
At SAM LAW OFFICE, LLC, our Inverness, Illinois family law lawyers have extensive experience handling complex property division cases. To request a free, no obligation review of your case, please call our office today at (847) 255-9925 or reach out to us directly through our website.