The most factually and legally complex area of divorce law is business valuation. In the 1980s and 1990s huge strides were made in business valuation techniques due in large part to personal computers and the ability of business appraisers to develop intricate spreadsheets. These spreadsheets and … [Read more...] about Business Valuation in Divorce Cases – 101 – What Any Family Law Lawyer Needs to Know to Competently Represent Your Client
Business Valuation
Classification of Retained Earnings of a Premarital Business in Illinois Divorce Cases Updated 2022
Our 2016 amendments to Illinois law provide welcome clarity to a line of Illinois cases involving reimbursement claims for a non-marital business. These cases had essentially overlooked the reasonableness or the adequacy of the compensation. The line of cases that will be discussed brings up the … [Read more...] about Classification of Retained Earnings of a Premarital Business in Illinois Divorce Cases Updated 2022
