110 E. Schiller Street, Suite 320, Elmhurst, IL 60126

Weiss-Kunz & Oliver, LLC312-605-4041

CHICAGO
 ⚫ PARK RIDGE
 ⚫ ELMHURST -

Burr Ridge, IL Family Law and Divorce Lawyers

Burr Ridge high net worth divorce attorney

Attorneys for High Asset Divorce, Property Division, and Spousal Support in Burr Ridge, Cook and DuPage Counties

Addressing divorce and family law issues can often be a complex process, requiring assistance from an attorney who not only understands the law, but who can help address the unique concerns that apply to an individual situation. Residents of Burr Ridge may face some special considerations when getting divorced, because the average income for those who live in this area is higher than in most other parts of the United States. Burr Ridge residents include celebrities and public figures, corporate officers and shareholders, and entrepreneurs and business owners who may face complex divorce issues. At Weiss-Kunz & Oliver, LLC, we can help protect your rights in these cases, and we will work with you to complete the divorce process successfully.

High Net Worth Divorce in Burr Ridge, IL

During a high asset divorce, you may need to determine how to resolve some or all of the following issues:

  • Asset division - You and your spouse may need to divide multiple types of high-value property, including houses or vacation homes, vehicles, jewelry, artwork, stocks and investments, and retirement funds or pensions.
  • Business valuation - You will need to determine the value of any business assets owned by you or your spouse, and you may need to take steps to protect a family business or professional practice.
  • Spousal support/alimony - A lower-earning spouse may need to receive financial support from the other spouse that will allow them to maintain their standard of living. If your combined net income is $500,000 or more, a judge may need to make special considerations to determine the amount and duration of spousal maintenance payments.
  • Asset dissipation or hidden assets - In many high net worth cases, a spouse may attempt to conceal property, or they may waste marital assets on non-marital pursuits, such as affairs or addictions. You may need to take legal action to require your ex-spouse to reimburse the marital estate for any hidden or dissipated assets.
  • Tax issues - The tax deductions, credits, and exemptions available to you following your divorce can impact your financial stability in the years to come. You will want to be sure to understand how decisions about marital property, child custody, spousal maintenance, and child support will affect your taxes.
  • Wealth protection - You may want to take steps to protect assets and ensure that they will be used to provide for your family members. Methods of doing so include creating a prenuptial or postnuptial agreement or an asset protection trust.

Burr Ridge Family Law Cases

In addition to divorce, families in Burr Ridge may need to resolve other family law issues, including:

  • Child custody - In addition to deciding how to allocate decision-making responsibilities for children, divorcing or separated parents will need to create a parenting time schedule. We understand that the issue of your children and their schedule can raise high conflict for some families.
  • Paternity - If a mother was unmarried when her child was born, steps will need to be taken to establish the father as the child's legal parent. This will allow the child to receive child support and other financial and emotional benefits, and they will be able to maintain an ongoing relationship with both parents.
  • Adoption - Parents will need to complete a number of steps and meet certain legal requirements in order to adopt a child. Different considerations may apply in private adoptions, international adoptions, DCFS adoptions, and uncontested step-parent adoptions.
  • Restraining orders - If a spouse, child, or other family member has been the victim of domestic abuse (including financial abuse, emotional abuse, and physical abuse), they may need to obtain an order of protection or a civil restraining order.
  • Same-sex couples - When getting married or divorced, LGBTQ couples may need to take steps to protect their rights to property, financial support, or child custody.

Contact a Burr Ridge, Illinois Family Law Attorney

Whether you expect family law case to be simple or complex, and whether your divorce is contested or uncontested, the attorneys of Weiss-Kunz & Oliver, LLC can provide the legal help you need. To arrange a consultation, contact our office at 312-605-4041.

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