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High-end divorce cases and offshore accounts

You have probably heard of Do-It-Yourself Divorces and when divorce became more than a word and was actually a whispered possibility between you and your current spouse, you may have even gone online and asked the search engines how to get a divorce. But unlike the Pinterest fails and the other DIY crafts gone haywire, if you get a divorce wrong, it's not a laughing matter. If you err on your divorce efforts, you stand to lose big. When you and your spouse have a lot to lose, your dissolution may become even more complex.

For instance, do you have any idea how to divide your or their 401(k), pensions and retirement accounts? Do you know if there are any possible offshore bank accounts used to protect large amounts of money and keep it under the radar of division as well as taxation? Do you know what the long-term tax implications will be on the items you end up with? Will those costs negatively affect getting your fair share?

Will you be able to sit and negotiate, perhaps using a financial planner in addition to your attorney or will you take the matter to court and litigate it? Do you know the upsides and potential downsides of each option?

If you are embroiled in a divorce that involves substantial material assets, investment accounts, businesses and so on, you may strongly benefit from obtaining a high-end divorce attorney who is knowledgeable in property division. Your attorney can investigate your spouse's claims and ensure no money is being kept from the division process and that you are on the best road to a successful future.

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Goddard & Malmquist

Goddard & Malmquist
1250 South Grove Avenue
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Barrington, IL 60010

Phone: 847-382-3995
Fax: 847-382-4038
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Chicago, IL 60606

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