The concept of property division in divorce is familiar to most Americans. Using the Illinois Marriage and Dissolution of Marriage Act, a court will divide property between a divorcing couple fairly and equitably. Dividing a business is much more complicated than dividing a car or the value of a home.
Determining the value of a business is further complicated by the fact that the value of a business may fluctuate over time, increasing or decreasing in value at any point in time. If your spouse owns a business, how will an Illinois court value the business upon divorce?
At Davi Law Group, our experienced Wheaton, IL divorce attorneys are here to help protect your business interests. Attorney Dion U. Davi has been recognized as a Super Lawyer for over 10 years, highlighting his professional excellence. Together, we can answer any questions you have.