A "high-net-worth" divorce is often more complicated than the standard dissolution of marriage, especially when the financial stakes are high. While Illinois doesn’t define “high-net-worth” in family law statutes, the term generally refers to individuals with $1,000,000 or more in liquid assets. Dividing assets, calculating spousal support, and determining child support all require the expertise of a skilled high-net-worth divorce attorney in Wheaton who can ensure that your financial interests are thoroughly protected.
Why You Need an Attorney Experienced in High-Net-Worth Divorce
In high-net-worth divorce cases, Illinois law provides guidelines, but the determination of marital vs. non-marital assets is often subjective. When dealing with a combined gross income of $500,000 or more, standard formulas no longer apply, and it becomes more critical to have an attorney who can effectively present your case to the court. We handle every aspect of a high-net-worth divorce, including:
- Identification of marital vs. non-marital assets
- Assets owned prior to the marriage
- Personal gifts or inheritances received during the marriage
- Prenuptial agreements
- Forensic accounting in cases of hidden assets
- Ensuring the protection of the standard of living for children and spouses
