High net worth divorces in Illinois have a unique set of challenges that require a unique set of skills to resolve. Not all attorneys are equipped with the experience and characteristics to manage these complex, often contentious divorces. Because ending a high net worth marriage involves significant high-asset division issues, to say nothing of disputes about child custody or spousal support, it is essential to have a great attorney who has what it takes to manage these problems well. If you are a high-net-worth individual and are considering divorce in Illinois, here are four strengths your attorney should have.
Working quickly and efficiently is essential for moving a divorce along as seamlessly as possible. Managing paperwork, communications, and every other element of divorce with keen organizational skills and without wasting time distinguishes average divorce attorneys from excellent ones. Your attorney should communicate clearly and in a timely fashion, without leaving you with unanswered questions about what they are doing and why.
Managing high-worth assets in a divorce requires creativity and problem-solving skills. These assets can be difficult to value, often fluctuating in value throughout the course of a divorce, and spouses may want to protect certain assets while giving up others. The abilities to negotiate strategically and anticipate the other party’s agenda and tactics are essential for ensuring a fair asset division....