Wheaton, Illinois High Net Worth Divorce Attorneys

Devoted Lawyers for High Asset Divorce Cases in Wheaton

A couple going through a divorce with substantial assets is likely to have additional concerns that may not apply to other couples. Otherwise amicable splits can turn bitter as soon as money becomes a factor. If you are going through a high net worth divorce, a skilled family law attorney can help you take measures to protect your property and secure your assets.

At Roberts PC, our lawyers have provided legal help to clients in the DuPage County area for more than 40 years, with experience representing doctors, judges, and business owners in high net worth divorces. As our valued client, you will receive clear legal guidance and strong representation from our involved attorneys.

Property Division

The division of property can get complex very quickly in a high net worth divorce. Splitting up your marital estate will likely entail a lengthy discovery process in which you and your spouse will be required to disclose all of your assets and debts, including jointly-owned property and assets owned separately by each party. At Roberts PC, our attorneys can work with forensic accountants to make sure nothing is overlooked during negotiations for a settlement.

In addition, you may have to consider whether any separate assets may have become commingled with marital property. For instance, if you started a business before your marriage, it will usually be considered a separate asset. However, if your spouse contributed to the business by providing labor or marital funds, they might be entitled to some portion of the business's value. Likewise, if you put money into a retirement account or earned pension benefits while you were married, these will likely be considered marital assets.

If your divorce goes to court, a judge will split up your marital estate in an equitable fashion, but not necessarily straight down the middle. On the other hand, you and your spouse might decide to negotiate outside of court for a mutually agreeable settlement. Whichever route you take, our attorneys can make sure your best interests are fairly represented in property disputes.

Spousal Support

In Illinois, the legal process of awarding spousal support (also known as alimony) is streamlined with standard formulas, making it easy to predict how much support will be awarded and for how long. However, standard formulas may not apply in high net worth divorces where a couple's combined gross annual income is more than $500,000.

In these cases, it will fall to a judge to come up with a fair arrangement for spousal support. The judge will weigh different factors such as the length of the marriage, any existing prenuptial or postnuptial agreements, and the income earned by each spouse. Our attorneys can stand up for your rights in negotiations for spousal support, whether you are the paying spouse or the recipient spouse.

Dissipation

Asset dissipation is not unique to high net worth divorces, but it can be a bigger problem when dealing with complex financial situations. Dissipation involves misusing marital assets during the breakdown of a marriage, usually by destroying, wasting, or concealing money or property. This is illegal under Illinois law, and if you can prove that your spouse misappropriated your shared assets, you could be entitled to a larger share of the marital estate.

Dissipation can take different forms. One of the most common examples is buying expensive gifts for an affair partner. At Roberts PC, we can have your finances reviewed by experts such as fraud examiners who can identify clear instances of dissipation, and we will work to hold your spouse accountable in court.

Meet With a Wheaton, IL High Net Worth Divorce Lawyer Today

During your high net worth divorce, our lawyers can assist you, providing legal counsel and representation to help you reach a favorable result. We have experience dealing with complex family law matters, including financial issues that may arise in complex divorce cases. To book a free consultation with our firm, call 630-668-4211 or contact us online.