Month: September 2021

What are the Tax Implications of a Business in a High Net Worth Divorce?
Posted September 30, 2021

For most business owners, work and life balance is a myth. Unfortunately, the long hours, stress, and lack of sleep places immense strain on their marriages and other relationships. If you are forced to choose between your business and your spouse, chances are you will choose the former and will have to deal with a […]

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Is Illinois A Community Property State?
Posted September 21, 2021

Unlike some states, Illinois does not recognize community property. It means that anything you acquire on your own or for yourself during your marriage is not necessarily divisible. However, if you are going through a high asset divorce in Illinois, you have more to lose than other divorcing couples. Property is divided into marital and […]

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