Business Owners & Divorce
If you or your spouse own a business and are getting divorced, special challenges arise that require the assistance of attorneys with a deep understanding of the finances and the legal impact of the divorce on the existing business. These challenges include:
- Determining whether the business is “marital” or “non-marital;”
- Assigning a value to the business, possibly with the aid of a forensic accountant or other business valuation experts;
- Analyzing income statements, balance sheets, cash flow statements, and corporate tax returns to get a real understanding of the income and assets of the business;
- Determining whether a non-owning spouse’s contribution to building the business can be factored into the case when dividing up the marital estate; and
- Analyzing the effect of any prenuptial or postnuptial agreements on how the business will be assigned or handled in the event of a dissolution of marriage.
Experienced Divorce Lawyers in Illinois
The attorneys at Suburban Law Group, LLC, are experienced in dealing with the complexities of a divorce with parties who own businesses. Contact us for a consultation to assess your case.
Client Reviews
Chris took good care of me during my case, answered all my questions, and wrapped things up in a timely fashion. He gave me peace of mind throughout the process. I was very happy with the results, and recommend him to all of my friends.
Marie
He was very informative. Gave detailed and concise answers to my questions. Most importantly, he talked to me and not at me. Something I truly appreciated..
Marisa
Sarah represented me in modifying a complicated child support/joint parenting agreement. She did an exceptional job and guided me through every step of the process. She is very knowledgeable, dedicated and an excellent person to work with. She always promptly returned my calls/emails same day. She is so personable and…
Ericka
She is a standout attorney. Attorney Nolan handled our Civil Union Dissolution. She really knows how to satisfy her client's needs. She was a great listener. Her promptness and attention to detail meant everything to our case. She presented options we had not concerned. A plus was her ability to…
Earnest
Robert Boszko was outstanding ! When starting the divorce process, I went through every possible emotion. Robert, from start to finish was extremely calm, cool, and collected. He is extremely knowledgeable in his profession and truly cares about and wants the absolute best outcome for his client. There were a…
Katie