09/01/2026
Owning a business can add another layer of complexity to divorce.
Whether you started the business before or during the marriage, understanding its value, ownership structure, finances, and history can be an important part of preparing for the divorce process.
In Illinois, determining how a business interest should be addressed may involve questions about whether the interest is marital or non-marital property, how the business should be valued, and whether marital contributions affected its value. Financial records, tax returns, ownership documents, and other business information may become important when evaluating these issues.
If you own a business and are considering divorce, understanding the financial and legal issues involved can help you make informed decisions about your next steps.
Contact our office to discuss divorce and the division of business interests in Illinois.
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