Divorces involving high-net-worth individuals can be complex, as they often involve substantial assets, intricate financial matters, and significant investments. While Illinois doesn’t specifically define "high-net-worth" in the family law statutes, individuals with $1,000,000 or more in liquid assets often face unique challenges when it comes to asset division, spousal support, and child support. Having a skilled high-net-worth divorce attorney in Naperville is essential to protect your financial interests and ensure a fair and equitable settlement.
Why Hire a Lawyer Specialized in High-Net-Worth Divorce
The Illinois Marriage and Dissolution of Marriage Act provides general guidelines for calculations of spousal support and child support. However, in high-net-worth cases, the standard calculations may not apply. When a couple’s combined gross income exceeds $500,000, there is often a need for an attorney who can skillfully present your financial case to the judge and negotiate on your behalf. Some aspects we focus on include:
- Classifying assets as marital or non-marital
- Handling prenuptial agreements
- Addressing hidden assets or lost property
- Navigating complex asset divisions such as business holdings, investments, and properties