Batavia High Net Worth Divorce Attorney
Protecting Your Assets & Preserving Your Wealth
High net worth divorces present particular challenges to separating and divorcing couples because of the large value of finances involved. However, if you retain my competent counsel, you won’t feel alone. I will closely guide you throughout the process to inform you of every possible method needed to protect your hard-earned assets. I understand how important it is to protect your assets when undergoing divorce and will honor your best interests by vigorously working to find a sound solution
How Is a High Net Worth Divorce Different from Other Divorces?
The division of assets in any divorce is an anxiety-provoking experience. Often, when there is a significant amount of wealth involved, divorce becomes more costly and time-consuming. Spouses involved in a high net worth divorce are primarily concerned with property division, control of assets, child support and spousal support because of the financial risks involved. This is particularly true when the marital estate involves assets that are difficult to value, such as a closely held business, or when forensic research is required to examine each spouse’s financial history. If one spouse makes a considerably higher income than the other, finding a resolution that doesn’t jeopardize the couple’s lifestyles may be challenging without my seasoned representation.
You shouldn’t suffer the loss of both your assets and marital status. You are already dealing with enough emotional burden and my job is to protect you at all costs. My advanced counsel could greatly benefit the outcome of your divorce because I am passionate about serving your best interests and ensuring that no detail or desire is overlooked.
Not surprisingly, the allocation of assets in a divorce greatly affects the issues of child support and alimony. Consequentially, the distribution of property affects the standard of living, health and education of couples going through a divorce. Oftentimes, high net worth divorce issues stem from the allocation of capital gain loss carried forward, book-to-market calibration of assets, and the present value of calculations of projected income streams.
More often than not, my clients are also concerned about hidden assets and forensic accounting. The valuation of businesses, stock, and investments within business must also be determined. These types of calculations can become more difficult when a party attempts to obstruct the accounting process of the marital estate.
I have a Bachelor of Science in Finance and previously worked for a major accounting firm, so I’m in a qualified position to maximize my clients’ share of their marital estate and ultimately help lead to an increase in the standard of living for my clients.
Call (630) 280-3879 or contact me online to discuss the best steps forward.
Marital vs. Non-Marital Property
Once the value of the marital estate has been determined, the assets must be apportioned. Under Illinois law, a strict division of property is not the primary goal. Instead, the court will attempt to enter a fair or equitable distribution of property based on the spouses’ needs and their contribution to the marriage as a joint venture.
Marital property is property acquired after marriage, and non-marital property is each party’s individual property acquired before the marriage.
Since high net worth divorce typically doesn’t involve a 50-50 split of the marital estate, you need my competent counsel in order to have a better chance of ending up with a higher percentage of the net assets. Understanding an individual's needs and their desire to protect their interests is crucial when dividing marital assets. I am happy to discuss your concerns regarding your high net worth divorce.
How a Batavia High Net Worth Lawyer Can Help
The attorney you choose could make all the difference in your case. In all my family law cases, I am aggressive, understanding, knowledgeable, and experienced. Not to mention, my peculiarly strong attention to detail and ability to decipher relevant facts from heaps of extensive information could enhance my ability to protect your rights, assets, and future.
I will work hard to protect the things you have worked hard for. Should you have any questions, please feel free to contact me at (630) 280-3879.
“He is persistent, energetic, accurate and prudent attorney. But he is also a very kind and helpful person. We are impressd by his splendid work.”- Vyacheslav Y.
“He made it simple and easy so it was taken care of without being dragged out; while he kept my rights just as they were and updated my custody times. Taking care of issues with a level headed professional manner that I was able to depend on.”- Nicholas O.
“Mr Schulenberg was very professional and most importantly, a personable and compassionate individual. I was very satisfied with the results of my divorce and I would highly recommend his services to anyone who is looking for an attorney.”- Ariel A.