When dealing with a high-net-worth divorce, the financial stakes are often higher, and the legal challenges can be more complicated. While Illinois does not provide a precise definition for "high-net-worth" individuals, those with $1,000,000 or more in liquid assets are generally considered to fall into this category. Dividing these assets during a divorce requires careful planning, skilled negotiation, and an in-depth understanding of complex financial issues.
Why You Need an Experienced High-Net-Worth Divorce Lawyer in DuPage County
Illinois law provides a framework for spousal and child support calculations, but high-net-worth divorces often require a more nuanced approach. With incomes exceeding $500,000, standard formulas may not apply, and expert legal representation becomes crucial. Hanauer Law knows how to navigate the complex financial and legal issues surrounding high-net-worth divorce cases.