Lois Kulinsky & Associates, Ltd.
Contact Us Today For a Free Consultation
847-459-4448
View Our Practice Areas

Posts tagged "High Asset Divorce"

To settle high asset divorce, art collection must be sold

The end of a marriage is almost always an emotionally difficult time. While some couples in Illinois are able to put their differences aside and come to an agreement with relatively little contention, other couples will ultimately have to ask a judge to make certain decisions for them. In fact, a judge presiding over a high asset divorce in another state has ordered that a couple's art collection be sold in its entirety.

Coping with a high asset divorce in Illinois

Once a couple in Illinois reaches the conclusion that a divorce is in their best interests, there are multiple other decisions that must follow. The process of untangling two lives can be complicated, especially for those going through a high asset divorce. Fortunately, there are steps to take that can help ensure that the property division aspect, among others, goes smoothly.

The benefits of alternative dispute resolution in divorce

People in Illinois who have chosen to end their marriage likely spend a great deal of time contemplating the matter. However, deciding to divorce is actually only the first of many decisions that will ultimately follow. Even though the process has a reputation of being highly contentious, there are many couples who choose the more peaceful alternative dispute resolution method of mediation.

High asset divorce support is a central focus for Sarah Palin

As many Illinois spouses can attest, marital breakups are rarely easy. Especially in a high asset divorce, spouses often become entangled in issues regarding property division, alimony and other important matters. Building a strong support network from the start is often a key factor to accomplishing one's goals for a settlement. Former presidential candidate and governor Sarah Palin appears to understand the value of hiring a competent and experienced attorney to fight such battles on her behalf.

High asset divorce: Questions arise over De Niro prenup

When a couple is in love and contemplating the rest of their lives together, many recognize the importance of planning for the future -- even if that future might include a time in which they are no longer involved romantically. For many couples in Illinois and across the country, this includes the creation of a prenuptial agreement. However, this agreement can still be questioned, as demonstrated by actor Robert De Niro's high asset divorce.

Husband seeks to have prenuptial agreement invalidated

When a couple in Illinois or other area of the country chooses to marry, they typically do so with the intention of spending the rest of their lives together. Even with this expectation, many couples choose to create a prenuptial agreement, just in case their marriage should end in divorce. While such an agreement can usually help reduce some of the conflict associated with divorce proceedings, a couple in another state has experienced conflict regarding whether their prenup should be enforceable.

In some circles, a high asset divorce draws much speculation

The lives of the super wealthy attract the attention and curiosity of those on the outside. When news of a pending high asset divorce is announced by couples who are regarded as celebrities, social media erupts in speculation as to the reasons and how much it might cost each partner. Illinois residents who may be facing this process likely have similar concerns.

Planning for the future in Illinois with a prenuptial agreement

When a couple chooses to spend the rest of their lives together with the commitment of marriage, they often have several decisions to make. Some couples may have to decide where they will live and how many children they want to have in addition to planning a wedding. However, these plans are not the only ones couples in Illinois and across the country often address; many also use this time to plan for the future by creating a prenuptial agreement that will detail what will happen should the marriage end in divorce.

Ensuring financial security in the event of a divorce

It will come as no shock to anyone that some marriages in Illinois and across the country will end. Though all couples who choose to marry likely do so with the intent of spending the rest of their lives together, the reality is that some relationships will end in divorce. Unfortunately, some women may be at a financial disadvantage.

Setting the divorce tone in initial conversation

The decision to end a marriage is often one that is only arrived at after a great deal of reflection and consideration for couples in Illinois. Once that decision is made, a person who has decided to seek a divorce may often feel like he or she must gear up for battle. However, the process does not have to be contentious, and many people choose to set the tone of the events that are to follow in the initial conversation about their decision.

  • 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
disclaimer.

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.

close

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