Art And Illinois Divorce
If you and/or your spouse are art collectors, know that art, such as paitings, sculptures, photographs, lithographs, and prints, may be affected by the divorce process.Learn More About Illinois Complex Property Division
During divorce in Illinois, and depending on the particular circumstances, artwork may be classified as marital property or non-marital property. If the artwork is classified as marital property, then the artwork is subject to equitable division between the divorcing spouses. Please note that in high net worth divorce cases, art collections may be a large portion of the parties' marital estate.
Throughout the discovery process in an Illinois divorce case, both parties must make a full and complete disclosure of all assets and properties, including artwork, in which each party has any interest.Discover Richard W. Culver, Ltd.
Divorce is complex with profound legal and financial implications. It is wise to seek the counsel of a dedicated divorce attorney regarding the complex property division of artwork.
Barrington divorce attorney Blake Austin Culver at Richard W. Culver, Ltd. can assist you in protecting and preserving your legal rights, claims, and interests in connection with artwork, and Blake can carefully review your particular circumstances.Contact a Barrington Divorce Lawyer for Answers to Your Property Division Questions About Art Collections
If you have any questions or concerns about art and divorce, call 847-382-2900 or complete the contact form to schedule a confidential consultation at Richard W. Culver, Ltd. Evening and weekend appointments are available as necessary to accommodate clients' schedules. Utilize seven tips for your initial consultation with a divorce attorney.