Divorce is a complicated matter, especially if you and your spouse have significant assets. Although you might think you know every financial detail of your relationship with your spouse, we know all too well that this often isn’t the case. In fact, many people don’t...
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,...
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...
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...
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...
When a divorce requires dividing up a family business, it can be a difficult process for the divorcing spouses. Divorcing couples who share a family business should be familiar with different options available to them for dividing a shared business in divorce. One...
The term “forensic accountant” appears at first glance to be oxymoronic. Accountants deal with numbers; forensics relates to the use of science in crime detection. The two terms come together, however, in divorce and civil cases involving large amounts of money. A...
As prenuptial agreements gain more popularity, couples are no longer as hesitant to discuss a fair distribution of their assets should the marriage end. The legally binding contract, entered into before the couple gets married, is now common among most couples, laying...
When a business suspects that fraud has been committed in any number of ways, there are multiple avenues which can be taken to prove such a claim. One of those ways is by utilizing the services of a forensic accountant. Defined as a combination of investigative...
Mediation can be a valuable process for divorcing couples to consider that can help keep them out of court and resolve their divorce-related concerns and disputes. Divorce mediation provides a process that allows divorcing couples to negotiate issues that commonly...