Divorce Over 50: Spouse of an Executive / Business Owner
Protecting Your Financial Future
Divorcing after 50 presents unique challenges, especially when your spouse is an executive or business owner. You may have dedicated years to supporting their career, managing the household, and raising a family. Now, as you face divorce, you need to protect your own financial security and ensure a fair division of the marital estate. At Family Law Solutions, P.C., we understand these specific concerns and provide the sophisticated guidance and unwavering support you need to safeguard your future.
Divorces after 50 involving executives and business owners often involve complex financial landscapes. Key considerations for spouses include:
- Understanding Complex Compensation: Executive compensation packages can be opaque, involving stock options, deferred compensation, bonuses, and other benefits that are difficult to value. We work to uncover the full value of these assets and ensure they are included in the marital estate.
- Business Valuation Insights: Accurately assessing the value of a business owned by your spouse is crucial. We collaborate with experienced business valuation experts to ensure all factors, including goodwill, assets and liabilities, and market conditions, are considered.
- Fluctuating Income Analysis: Executive professionals and business owners income often fluctuates. We understand how to analyze this income history to ensure spousal support calculations reflect the true earning potential of your spouse.
- Retirement Planning and Division: Retirement is a significant concern in later-life divorces. We help you understand the complexities of dividing retirement accounts (pensions, 401(k)s, IRAs) and defused compensation plans and strategize for your own secure retirement.
- Protecting Your Inheritance: If inherited assets are part of the contested issues marital estate, we can help you navigate the legal complexities surrounding them and protect your rightful inheritance.
- Real Estate Portfolio Assessment: We work with appraisers to accurately assess the value of real estate holdings, whether personal residences or investment properties, ensuring equitable division.
- Securing Fair Spousal Support: Long-term marriages often warrant careful consideration of spousal support, taking into account the established lifestyle during the marriage. We advocate for a fair determination of spousal support based on your individual needs. We know and utilize the experts who can provide an accurate lifestyle analysis.
At Family Law Solutions, P.C., we provide comprehensive legal services tailored to the unique needs of spouses facing divorce from executives and business owners over 50. Our approach includes:
- Due Diligence and Financial Investigation: We collaborate with a team of financial professionals (including Certified Divorce Financial Analysts (CDFAs), forensic accountants, appraisers, corporate attorneys, estate and trust attorneys, and tax specialists,) to uncover all relevant financial information and provide a clear picture of the marital estate.
- Strategic Negotiation and Advocacy: We are skilled negotiators, fierce advocates, strong litigators working to protect your interests and achieve the best possible outcome, whether through mediation, arbitration, or litigation.
- Personalized Guidance and Support: We understand the emotional and financial complexities of divorce and provide compassionate support throughout the process, guiding you through each step with clarity and understanding. We have access to and relationships with mental health professionals and divorce coaches to help you as needed.
By working with Family Law Solutions, P.C., you’ll gain the independence and confidence you need going forward into your retirement after divorce.
Contact Family Law Solutions, P.C. Today
Divorcing an executive or business owner after 50 can be challenging, but with the right legal counsel, you can protect your financial future and move forward with confidence. Contact Family Law Solutions, P.C. today for a confidential consultation at (312) 332-1344 or CLICK HERE.
“Janet and Christopher at Family Law Solutions provided me with exceptional legal advice. My questions were answered clearly and concisely. My team at Family Law Solutions formulated a plan, executed it flawlessly and got me a great result. I would highly recommend Janet and Christopher at Family Law Solutions."
“Family Law Solutions helped me through the most difficult time of my life. Being married for 44 years and 67 years old, I had no idea how to proceed with the dissolution of my marriage. Everyone I dealt with showed compassion, empathy, and professionalism. They make their clients a priority. Their fee structure is fair, reasonable, and transparent. Through their invoicing process, I always knew what my status was and how I was billed. Janet Boyle has created an exceptional team with her philosophy and her commitment to her clients."
“Experienced, knowledgeable, caring and willing to fight for what is right. A premier law firm in the city of Chicago that will protect and defend your rights under the law and in the courts. Their services are second to none. I highly recommend Janet Boyle in particular!"
“I came to Janet to help me through a very complex divorce about a year ago and a friend of mine told me about this site. I wanted to express my gratitude for Janet's expertise in helping me through a very trying time in my life. The words "honey badger" comes to mind when I think of Janet's demeanor in the courtroom and in negotiations with my husband's attorney. Janet and her team represented me from the beginning to the end exactly the way one could only hope for."
“Janet listened carefully to me and addressed every concern and perceived problem that I thought I would encounter during the process...In conjunction with Arin in her office each time the process would get heated and emotional both Janet and Arin we able to calm the situation down with care and concern for me and ultimately we were able to settle the divorce to my complete satisfaction."
“Janet Boyle did a wonderful job assessing my situation and determining the best approach to reach a settlement with my ex-husband. I appreciated her willingness to honor my request to be respectful toward my ex-husband. She accomplished that while standing firm on some very important issues."
“Arin Fife and Janet Boyle are wonderful. Arin worked so hard. She was empathetic, kind, patient and the voice of reason. I grew to trust them implicitly. I would highly recommend this firm to anyone!"
“During the most difficult time I've ever had in my life, Janet helped and guided me with skill and compassion. I couldn't be more happy with the job she did representing me. My case, I believe, was considerably more difficult than most cases and Janet was strong and dedicated from beginning to end. She does not bend to opposing counsel trying to take advantage or get an upper hand. Her staff is fantastic as well! My life has become much more peaceful with Janet's help. I would not hesitate to recommend Janet to anyone going down the tough road of divorce. Thank you Janet!"
“Janet was a source of stability during a time of ultimate turbulence. Beyond the guidance and legal direction, the whole office was friendly, supportive and helped me maintain my sanity when during crazy times."
“Christopher at Family Law Solutions continues to be an absolute pleasure to work with. Despite being in different states, Christopher clearly understood my needs and helped me through a very difficult time in my life. If it were not for him, I would not have the peace of mind I do now. His compassion and care are very evident. I wish I found Christopher at Family Law Solutions sooner and cannot thank him enough for how he helped me. "
About Us
Family law is complicated. The impact on the lives of everyone involved cannot be minimized, but Janet helps her clients discover that life will go on, and in many cases, will be better.
