Divorce can be complicated, especially when it is a high-asset divorce, like those where the couple runs a business together. Here, financial assets are part of property division. This includes brokerage accounts, other investments (including holdings in LLC’s,...
Month: July 2020
Placing a value on divorce
Divorce may involve many emotions and legal issues, but it also boils down to mathematics. Forensic divorce lawyers and accountants can help place a value on assets and discover income streams, especially in a high asset divorce, that may be important to property...
Artwork appraisal can be crucial in high-asset divorces
A high-asset divorce is fraught with numerous complexities. One of the biggest amongst them is property division. This is because those who have extensive wealth often have assets that are challenging to locate or challenging to value. You need to be extraordinarily...
Trusts may be beneficial for reducing estate taxes
Throughout life some people in Chicago have been able to amass significant amounts of assets. These assets may come in the form of real estate, investments, retirement accounts, collectables and other forms. People know that they will not be able to bring these assets...