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Dissipation And Illinois Divorce Law

Barrington Complex Property Division Attorney | Legal Representation Tailored to Clients' Needs

Do you have ownership interests in any businesses? Or does your spouse have ownership interests in any businesses? If so, the divorce process in Illinois will likely impact those business ownership interests. With so much at stake, consider six benefits of hiring a dedicated Barrington divorce attorney.

Protecting Business Ownerhsip Interests During Divorce

If you are contemplating a divorce or if you have already been served, you may be wondering some of the following questions pertaining to business ownership interests: How will the business ownership interests be appraised or valued? What if my spouse tries to inflates or deflate the value of the business? Are the business ownership interests considered marital or non-marital property? What is the difference between personal goodwill and enterprise goodwill? How will the Court divide the business ownership interests if they are classified as marital property? With so much at stake, consider Richard W. Culver, Ltd. to assist you in protecting your legal rights, claims, and interests in connection with business ownership interests.

Business ownership interests may be a substantial portion of the parties' marital estate. Experienced Barrington divorce attorney Blake Austin Culver at Richard W. Culver, Ltd. can help provide answers to your questions pertaining to business ownership interests and divorce, and Blake can examine your specific situation. Due to the complexity and intricacy regarding divorce and business ownership interests, as well as their profound legal and financial implications, it is prudent to seek the advice of a skilled complex property division attorney.

Contact a Divorce Lawyer at Richard W. Culver, Ltd. in Barrington, Illinois

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. Review seven tips for your initial consultation with an Illinois divorce attorney.

Barrington Divorce Attorney | Investigating and Analyzing Claims of Dissipation in Divorce Cases

Richard W. Culver, Ltd., located in Barrington, Illinois, provides thorough investigation, objective assessments, and representation pertaining to claims of dissipation or improper financial waste in divorce cases. Richard W. Culver, Ltd. can help protect and safeguard your legal rights and financial interests during the divorce process. With so much at stake, review six benefits of hiring a Barrington divorce attorney.

Dissipation

If you are contemplating a divorce or if you have already been served, you may be asking some of the following questions regarding property distribution or complex property distribution in high net worth cases: Can dissipation be a relevant factor in property division under Illinois law? Can claims of dissipation refer to marital property, as well as to non-marital property? What constitutes dissipation and when does it occur? Experienced divorce attorney Blake Austin Culver at Richard W. Culver, Ltd. can help answer questions regarding claims of dissipation in divorce cases, and Blake can help evaluate the specific situation of your case.

Under Illinois law, dissipation can be a relevant factor in property division, and it refers both to marital property and to non-marital property. Dissipation may occur when property is improperly used for the sole benefit of one spouse, for a purpose unrelated to the marriage, and at a time when the marriage is undergoing an irreconcilable breakdown.

Because to the complexity, the understanding of the evidentiary burdens, and the significant legal and financial implications regarding claims of dissipation, it is prudent to seek the counsel of an experienced divorce attorney regarding dissipation. Please note that Richard W. Culver, Ltd. can pursue, or defend, claims of dissipation in divorce cases.

Contact a Barrington Divorce Lawyer at Richard W. Culver, Ltd.

If you have any questions or concerns pertaining to claims of dissipation, call 847-382-2900 or complete the online contact form to arrange a confidential consultation. At Richard W. Culver, Ltd., evening and weekend appointments are available in order to accommodate clients' schedules. Utilize seven tips for your initial consultation with a divorce attorney.