Rolling Meadows Professional Practices in Divorce Lawyers
Going through a divorce can mean the loss of a lot of things but as a licensed professional, you hope one of them is not your practice. This is the way you live your life, provide income for yourself, and you have a lifetime of education and dedication that you have given to your practice. You have worked endlessly to build a client base and a solid reputation in the community. The thought of losing it because of a divorce settlement is just devastating and you know you would do almost anything to keep it. The lawyers at Cosley Law will protect your professional practice in the case of a divorce and are prepared to fight for your rights in court.
Property Division for Licensed Professionals
We understand that the practice that you have worked so hard for is important to you and that it is yours and you would like to keep it that way. We have successfully represented a variety of clients such as doctors, lawyers, dentists, architects, engineers, and accountants and we have helped protect their business practices. Our lawyers know that our clients depend on their licenses and practices for their livelihoods which is why we work so hard to make sure we are meeting the needs and goals they expect from us.
Our professional practices lawyers have been aggressively protecting the financial interests of divorcing professionals for over 20 years and use approaches that result in positive outcomes for our clients. To make sure we maintain an open line of communication with our clients, we make sure we explain at a level you understand, the steps of the process that we are going to take and what we expect from you and what the outcome is going to be.
You will be working with skilled negotiators and litigators who understand your situation and will treat it as an individual case and take into consideration all the circumstances involved. There are questions to ask yourself in order to better protect your practice such as:
- Is any portion of your practice considered marital property? Or is it separate?
- How much of your practice’s value appreciated during marriage and how much of that value is your spouse entitled to?
- How could tax obligations affect the property settlement?
- What did your spouse contribute to the success of your professional practice and career?
Learn How to Protect Your Business in an Illinois Divorce
The opposing party may argue that since your have an advanced degree and a professional license, you have a high income. Although this may be true, this doesn’t mean that you should lose everything you have already built. Our dedicated lawyers work hard to make sure this doesn’t happen to you. We encourage you to reach out to a lawyer at Cosley Law offices to protect your professional practice during your divorce.