High-asset divorces are sometimes more difficult than a traditional divorce, in that the division of property and financial elements is more complex. These can range from bank accounts, business holdings, real estate, retirement accounts and more. Prudent high worth...
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Divorce
Caring for your retirement assets after divorce
After divorce, your retirement assets might only be a fraction of what they once were. Considering the lifestyle changes and income influx that may accompany your divorce, guarding your retirement settlement should be a top priority. Knowing how to safeguard and...
What should I know about health insurance and divorce?
When you divorce, there is a range of factors you must think about. It is easy to overlook some important aspects. WebMD notes that you want to pay attention to your health insurance situation. Depending on your situation, you may need to shop around for new...
Preparing For a High-Net Worth Divorce
Today’s skyrocketing property values mean that more couples than ever are falling into the category of “high net worth” or “high asset” divorce. These divorces come with their own unique set of challenges due to the value of marital assets as well as their complexity....
Not All Assets Are Eligible For Division in Divorce
A common misconception is that a divorce will result in “losing half of everything”. That may be true in some states, but not in Illinois, where marital property is subject to equitable division. Equitable division means that all marital property and liabilities are...
