Lake County Illinois Marital Property Lawyers
Often one of the most contentious issues in working out a divorce agreement is negotiating the division of marital property. At the law office of David Weinstein, we have have extensive experience working out asset division agreements for clients throughout Lake County, Illinois.
The first step in asset division negotiations is determining what property is part of the marital estate and what is not. Most people believe that all property held by either spouse is part of the marital estate. This is not the case. Some examples of non-marital property include property acquired prior to the marriage and property acquired through an inheritance. Marital property includes retirement accounts, home equity, IRAs, pensions, 401Ks, bank accounts, any personal property, and family-owned or closely-held businesses. Determining the value of a family-owned business and other assets can be a complex matter. Our attorneys work with a variety of professionals on business valuations related to asset division.
Our goal when handling divorces with significant assets and closely held or family owned businesses, is to ensure our clients receive an equitable division of the marital estate. Our attorneys have extensive experience evaluating the value of jointly held property and negotiating an equitable division of the marital estate.
If you are currently involved in a divorce or are considering a divorce and would like legal advice about the marital estate, please contact the law office David Weinstein. Our attorneys regularly represent clients throughout Lake County, Illinois including the cities of Waukegan, Grayslake, Gurnee, Deerfield, Wauconda, Libertyville, and Round Lake.