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

Weiss-Kunz & Oliver, LLC312-605-4041

CHICAGO
 ⚫ PARK RIDGE
 ⚫ ELMHURST -

Hinsdale, IL Family Law Attorneys

Hinsdale, Illinois high asset divorce lawyer

High Net Worth Divorce Lawyers for Asset Division and Spousal Maintenance in Hinsdale, Cook and DuPage Counties

When you need to address legal issues related to your family, it is critical to have an experienced attorney by your side throughout the legal process. For those who live in Hinsdale, Weiss-Kunz & Oliver, LLC can provide dedicated legal representation, helping you determine the best steps to take to achieve success in your case. We will advise you of your rights and help you negotiate a settlement, and if necessary, we are ready to advocate for you and your children in court litigation. While we are known as skilled trial lawyers, we attempt settlement, as it is often best for the family.

Divorce and Family Law Issues in Hinsdale, Illinois

The average income of Hinsdale residents is higher than in much of the rest of the Chicago area, the state of Illinois, and the United States as a whole. For this reason, when you choose to get a divorce, you may need to address a variety of complex issues related to high net worth. These may include:

  • Property division - In addition to determining how you and your spouse will divide funds in bank accounts, real estate property, and valuable belongings like artwork and jewelry, you may also need to address issues such as pensions or retirement accounts or estates and trust funds.
  • Spousal maintenance (alimony) - A spouse who earns more than their former partner may be required to pay spousal support. However, the guidelines in Illinois law for calculating maintenance payments only apply to couples with a combined net income below $500,000. If you or your spouse earn more than this amount, the judge in your case will have the discretion to award an amount of maintenance they believe is legally appropriate without use of the guidelines. We can help argue for a positive outcome in this discretionary universe.
  • Business valuation and division - If you or your spouse own a family business or professional practice, you may need to work with an appraiser or forensic accountant to determine the value of your business interests, whether one party will be bought out of the business, or whether you will remain partners in the business after the divorce is finalized.
  • Corporate officers and shareholders - If either spouse is an executive in a corporation, you may need to address complex financial issues such as bonuses, profit sharing, or deferred compensation in your divorce papers.
  • Hidden assets - In high-asset divorce cases, spouses may attempt to conceal assets or income in hopes of keeping certain property or reducing alimony or child support payments (dissipation). Our attorneys can help you uncover hidden assets and ensure that all relevant financial information is considered during your divorce. We are excellent tracers!
  • Tax considerations - We understand that the financial decisions made during your divorce will affect your taxes, including the deductions and exemptions you are allowed to claim and the property taxes you will be required to pay. Sometimes, we work with an accountant on the specific issues related to your case.
  • Protecting family wealth - If either spouse comes from a wealthy family, or if the two of you have acquired significant assets during your marriage, you may want to take steps to ensure that your family's assets will be protected during your divorce, such as via postnuptial agreement or trusts.

In addition to addressing complex financial issues during divorce, we can assist with other family law concerns, including:

  • Child-related issues - We can help protect your children's best interests when making decisions about the allocation of parental responsibilities and parenting time, and we can help you address plans for relocation by either parent during or after your divorce.
  • Adoption - We can help you complete the legal requirements for adopting a child through an adoption agency, in a private agreement with the child's biological parent, through DCFS, or as a step-parent.
  • Paternity - We can assist in establishing legal parentage (i.e., establish the father/child relationship) for your child, allowing them to have a relationship with both parents and ensuring that they will receive financial support to meet their needs. Sometimes, this involves DNA testing or a VAP (Voluntary Acknowledgement of Paternity).
  • Orders of protection - In cases involving allegations of domestic violence or abuse, we can assist in obtaining or defending against a restraining order.
  • Prenuptial and postnuptial agreements - Before or after you get married, we can help you create a legally-binding agreement that will make decisions about how certain issues will be handled if you get a divorce.
  • Same-sex divorce - We can help LGBTQ couples address the unique concerns they may face regarding issues such as child custody, property division, or spousal support.

Contact a Hinsdale Divorce Attorney

Our attorneys will provide you with dedicated representation and help you determine the best strategies for achieving success in your case. For legal help with the family law issues you may face as a Hinsdale resident, contact Weiss-Kunz & Oliver, LLC today at 312-605-4041.

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