Division Of Executive Compensation In Chicago
At Boyle Feinberg Sharma, we dedicate our practice to divorces that involve individuals that enjoy significant wealth, high-level executives and owners of professional practices. Our attorneys are skilled in navigating through the process, specifically those that involve complex asset identification, valuation and division.
The High Stakes In High Net Worth Divorces And Division Of Executive Compensation
The stakes are extremely high in divorces involving significant assets, specifically executive compensation plans and “golden parachutes” that include:
- Deferred income
- Stock options
- Equity in a closely held family business
The process of complicated asset division is complicated and challenging, especially when one spouse is hiding income or assets. We combine seasoned legal representation with the expertise of professionals skilled in business valuation, forensic accounting, financial planning and property appraisals.
Experienced And Knowledgeable Divorce Lawyers At Your Side
Retirement accounts are a significant part of many executive compensation packages. Qualified domestic relations orders (QDRO) are necessary for division. Not all QDROs are the same. At Boyle Feinberg Sharma, we have comprehensive knowledge of the specific processes and documentation involved in a variety of plans.
Selecting the right attorney is paramount in attending to the multiple legal issues that arise in high-asset divorces that involve complex compensation. Whether you are an executive or a spouse of a high-level business professional, you need an advocate who will diligently look out for your biggest interests in the pursuit of accurate valuation.
Janet E. Boyle is that advocate.
Serving Residents Of Chicago, Illinois, And The Entire North Shore
For help with the division of executive compensation as a part of high-asset property division, contact Boyle Feinberg Sharma, at 312-376-8860 or 847-394-3940, or write to us using this email form.