Divorce is tricky enough without having large volumes of money and property on the line. It can be a real headache to navigate a divorce with difficulties in discovery with assets outside the U.S. or held in trust! To keep your holdings secure, here are just a few tips for hiring a high-net-worth divorce lawyer in Chicago.
1. Avoid the Courtroom
Do your best to avoid standing in front of a judge during your divorce proceedings. While there might be some situations where this is an inevitability, both you and your lawyer can work strenuously to come to a settlement agreement outside of the courtroom. It’s much better to hash out alimony and custody disputes over a negotiating table rather than ceding all power to a judge.
2. Identify Your Problem Areas
This is particularly important if you’re dealing with a divorce with difficulties in discovery with assets outside the U.S. or held in trust. These assets aren’t always under the jurisdiction of U.S. law, so things like Illinois’ “equitable division” policy might not apply.
3. Manage Your Expectations
It’s impossible to say how much your divorce will be worth. Every couple and circumstance is different. However, you can be realistic about your expectations when you talk to a lawyer, familiarize yourself with legal precedents, and use calculators and other computer programs to estimate your settlement potential.
If you’re looking for a high-net-worth divorce lawyer in Chicago, use these tips to ensure that you find a suitable professional for the job.
Feel free to contact Michael Craven for a consultation
