Rolling Meadows Business Owner Divorce Attorney

Rolling Meadows Business Owner Divorce Attorney

Rolling Meadows Business Owner Divorce Attorney

At SAM LAW OFFICE LLC, our experienced Rolling Meadows business owner divorce attorney is committed to providing solutions-driven legal representation to our clients. We have a unique understanding of the many challenges that business owners face in the divorce process. Our family law team will protect your personal and professional interests. To set up your completely confidential consultation with a top Rolling Meadows business owner divorce lawyer, please get in touch with us today. We are dedicated to helping small business owners work through their divorce in the most straightforward way possible.

Business Owners Face Some Unique Challenges in a Divorce

Divorce is an emotionally and financially complicated and complex process for anyone. However, when one or both parties involved are business owners, the process can be even more difficult. While the same general divorce laws and procedures apply, special considerations must be made to address the business. Here are some key issues to consider: 

  • Division of Assets: Property division is central to any divorce case. In Illinois, a business may or may not be a marital asset, depending on the specific circumstances of the case. Among other questions, business owners must consider: Is the company subject to property division? If so, how will the business be divided? Will one party buy the other out, or will the business continue to be co-owned post-divorce?
  • Valuation of the Business: A comprehensive business valuation is an absolute must in a divorce case in Illinois. Determining the accurate value of a business is complicated. It requires considering both tangible assets (like property and inventory) and intangible ones (such as brand reputation or customer goodwill).
  • Financial Liquidity: Transforming business assets into liquid assets to settle a divorce agreement can put a strain on the company’s finances. If you have questions or concerns about a financial liquidity issue, an experienced Illinois divorce lawyer can help.  

Why Rely On SAM LAW OFFICE LLC for a Business Owner Divorce in Rolling Meadows

For business owners in Illinois, going through a divorce can be particularly difficult. Our founder and principal attorney, Susan A. Marks, has the specialized legal expertise that you can trust. We are proactive. Among other things, our Rolling Meadows divorce attorney for business owners will: 

  • Hear your story and answer your questions; 
  • Explain the next steps of the divorce process; 
  • Help you get organized and handle divorce paperwork
  • Assist you with a comprehensive business valuation; 
  • Represent you in any settlement negotiations with your spouse and
  • Take action to help you obtain the best possible outcome. 

Contact Our Rolling Meadows Business Owner Divorce Attorney Today

At SAM LAW OFFICE LLC, our Rolling Meadows business owner divorce lawyer has the professional expertise that you can rely on in even the most complex of cases. Divorce is never an easy life experience, but can be especially complicated for business owners. 

If you have any questions about a business owner’s divorce, please do not hesitate to contact us today. Our family law firm handles business owner divorces in Rolling Meadows, Cook County, and throughout the area.

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