Divorcing with significant wealth at stake is rarely a simple process. High-net-worth divorces involve intricate financial matters, from dividing luxury real estate and investment portfolios to determining business ownership rights. Every asset must be carefully reviewed to ensure a fair distribution while safeguarding your long-term financial interests. Courts will weigh multiple factors when determining who gets what, so it is important to seek the guidance of a strategic Illinois divorce lawyer to protect your wealth during the process.
How Do Illinois Courts Divide Assets in a High Net Worth Divorce?
Illinois follows equitable distribution laws, meaning courts divide marital property fairly rather than enforcing an automatic 50/50 split. To make this decision, judges will consider factors such as: