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Collaborative Divorce & High Asset Cases

Collaborative Divorce Attorney in Chicago High Asset Divorce Cases

Some people assume that if they have significant financial assets, it's inevitable that their divorce case will end up in court, costing them tens of thousands of dollars. This does NOT have to be the case. It is really up to you and your spouse to decide how you will proceed with your divorce and the approach you will use to reach an equitable divorce agreement.

Rather than handing your hard-earned money over to a lawyer, why not keep it for your family and your future? Regardless of the size of your estate or ownership of a business, you CAN use the collaborative divorce process.

Contact the Law Offices of Michael L. Shevick to schedule a consultation. Learn more about the resources available to help you arrive at an agreement on property division in high asset divorce cases.

The Use of Specialists in Collaborative Divorce

In divorce cases for couples with high assets, a family-owned business or interest in a business, multiple properties, or complex estates, the most significant areas of contention involve the amount and value of assets.

It's common in traditional divorce for each partner to hire a different appraiser, a business evaluator, and possibly a forensic economist to provide an assessment of the value of a couple's financial and business interests. This can be tremendously costly, especially when the experts do not agree.

While it is necessary to understand the full financial picture, it's not necessary to have two competing financial experts providing information. With collaborative divorce, the two parties agree on which financial experts to hire. That information will be presented to both spouses and, if you agree that it seems proper, that is the number used to determine property division.

If your business is being evaluated, you will go through the rigors of the valuation process only once. That can also be a positive.

Collaborative divorce attorney Michael L. Shevick has worked with business evaluators, financial advisors and appraisers to bring clarity to our client's finances. If there are concerns that the financial picture is inaccurate, a new advisor can be brought into the picture. Whoever is involved, the information will be fully disclosed to both parties.

Contact Our Chicago, Illinois, Collaborative Divorce Attorney

You face enough financial challenges as you move forward with two households. If possible, why not try to minimize unnecessary costs during your divorce? Schedule a consultation with collaborative divorce attorney Michael L. Shevick to learn about alternative dispute resolution methods like collaborative law and divorce mediation. Contact our Chicago office online or call 312-269-4600. For your convenience, we accept Visa and MasterCard.