The Divorce Process in Illinois for Financially Complex Cases

October 19, 2016
Faculty Member: Candace L. Meyers, Family Law Attorney

Facilitator: Dan Couvrette, CEO and Publisher of Divorce Magazine, Family Lawyer Magazine, and

In cases involving high-net-worth individuals or business owners, the divorce process can become quite complex. Listeners in Illinois will gain a deeper understanding of what to expect while going through the process and what steps to take to protect one's business and assets.

This session will discuss:

  • whether a spouse who put their education or career on hold to help put their spouse through school is entitled to financial recognition for their sacrifice if the marriage ends in divorce
  • how you can know if your spouse if being truthful in their financial disclosure
  • how you can ensure you get a property settlement that is fair and meets your needs
  • the division of property in cases where there are multiple properties
  • what happens to private business records during a divorce
  • whether spousal support is meant to guarantee that a recipient's lifestyle will remind the same after divorce
  • what a business owner's first steps should be after being served divorce papers
  • how a business owner can protect their company during divorce
  • the importance of hiring a business valuator
  • how true income and a business' worth is determined in a case where a party is self-employed in a cash-based business.

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