Lois Kulinsky & Associates, Ltd.
Contact Us Today For a Free Consultation
View Our Practice Areas

Legal services you may need in a high asset divorce

If you are considering a divorce in Illinois but have accounts, real estate, antiques or other personal possessions that are highly valuable or complex, then you will likely be facing a high asset divorce. At Lois Kulinsky & Associates, Ltd., we have experience with situations like this where there may be some special circumstances not found in other divorces. Depending on your finances and investments, there may be high asset divorce legal services that you will need.

If you have concerns about your spouse trying to hide assets, then you may need help searching for them. A financial investigation can be done to uncover any assets that would need to be divided under the law. Assistance can also be given to help you with dividing retirement accounts and evaluating and dividing stock options. These can both be tricky due to taxes and other regulations. With retirement accounts, you may need a qualified domestic relations order. When it comes to stock options, the tax obligations and responsibilities need to be spelled out.

A common issue in a high asset divorce is the difference in income between spouses. When this happens, alimony or spousal support is usually issued. However, terms, such as when and how it is paid, will need to be negotiated.

If you own a business, you will have even more to consider. You may need to divide the business assets. You will have to valuate your business. Business debts and receivables will need to be looked at, as well as assets. If you have partners in your business, they may prefer that this information is not made public, so you would need to see about a privacy protection order. To learn more about high asset divorce, visit our page on divorce. 

No Comments

Leave a comment
Comment Information
  • The Chicago Bar Association
  • Lake County Bar Association | 1912
  • 10 Best | 2015 - 2019 | Attorney Client Satisfaction | American Institute of Family Law Attorneys
  • Illinois State Bar Association
  • DBR | Chamber of Commerce | Deerfield | Bannockburn | Riverwoods

Tell Us About Your Experience

Review Us
Email Our Attorneys

Contact The Firm

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Wheeling Office
395 East Dundee Road, Suite 200
Wheeling, IL 60090

Phone: 847-459-4448
Fax: 847-459-8548
Map & Directions

Libertyville Office
611 S. Milwaukee Avenue, Suite 4
Libertyville, IL 60048

Phone: 847-281-0200
Map & Directions

Buffalo Grove Office
355 W Dundee Rd
Suite 100
Buffalo Grove, IL 60089

Phone: 847-459-4448
Map & Directions