Complex Asset Division

If your marital estate includes complex assets, you want to take certain steps to protect your rights in a divorce. It is important to have an experienced attorney who can help you make informed decisions during property division.

At the Law Office of Lynn A. Cohen, you will work with a lawyer who has more than 30 years of experience with divorce in Illinois, including complex and high net worth divorce. She can assist you with the division of complex assets, working with the appropriate financial experts to protect your interests. Ms. Cohen is skilled in negotiation, mediation and litigation. If a settlement cannot be reached, she has the ability to argue your position in court.

Valuing And Dividing The Marital Estate

In Illinois, property is divided by equitable division, which means that each party should receive a fair distribution of the marital assets. When the assets are complex, it typically takes more work to value and divide them.

Attorney Cohen puts together the best possible team to ensure that assets are accurately valued. Working with financial experts as well as experts in business valuation, real estate valuation and other relevant fields, she will determine the value of each marital asset such as:

  • Real estate, including the marital home, vacation homes or investment property
  • Personal property, including vehicles, art, jewelry and other valuables
  • Businesses or professional practices
  • Stocks and other investments
  • Retirement accounts and pensions

Ms. Cohen will also determine who owns each asset or has rights to a share of the asset's value. When businesses and professional practices are part of the marital estate, one spouse may be compensated for his or her share in the value of the business through spousal support, a greater share of another asset or a combination of the two.

Protect Your Property Rights

To schedule an appointment, please call 847-674-3000 or contact the firm online. Located in Skokie, the firm provides divorce representation throughout the north suburban area.