Subscribe to this list via RSS Blog posts tagged in high net-worth divorces

Inverness divorce attorney, high net-worth divorcesThe divorce process requires both spouses to accept and expect that a considerable amount of money will be spent to dissolve the marriage. The expense of divorce is especially an issue for couples with high net-worth, and the associated complications often relate to property division and spousal maintenance.

One cost that parties are particularly reluctant to pay is attorney fees. While this cost may seem like a considerable amount, divorce attorneys provide valuable services that contribute to the outcome of Court decisions on pivotal issues, such as child custody and the division of assets. However, which party pays attorney fees is a common negotiating point in divorce settlement agreements between wealthy spouses.

The Illinois Supreme Court recently issued a ruling in a case on the issue of attorney fees in a divorce that involved a considerable amount of litigation initiated by the same party. This decision could impact how legal fees are paid in divorce cases going forward, making the exploration of the Court's rationale necessary.

...
 

Call Today at 847.873.6741 for Your FREE Initial Consultation

We Accept:Credit Cards

Address110 N. Brockway Street, Suite 220, Palatine, IL 60067

Phone847.873.6741     Fax224.278.9550

Facebook LinkedIn

Resources Privacy Policy Disclaimer Sitemap

© 2021 The Law Office of Nicholas W. Richardson, P.C.
110 N. Brockway Street, Suite 220, Palatine, IL 60067 | 847.873.6741

OVC Logo