Closely Held Business Division

Business Division and Divorce Lawyer in Chicago, Illinois

Small Business Division

The term "closely held business" refers to a small business, or one that is owned by one person or a small number of people. In a divorce, the division of a closely held business can be a point of contention, especially when both spouses were involved in the business matters.

At The Law Offices of Van A. Schwab, we counsel clients on small business property division in divorce. To discuss your case in a free 30-minute consultation, please contact us.

Explaining Your Rights and Options

At The Law Offices of Van A. Schwab, business division attorney Van A. Schwab has the experience and knowledge that is essential in professionally handling any business divorce issues you may have. Clients often do not understand their rights to portions of the closely held business when one or both spouses have interests in the business. Van A. Schwab is a strong advocate for clients seeking favorable outcomes regarding marital property and business division.

Business Valuation

When attempting to determine the value of a business subject to division in a divorce, attorney Schwab and our entire legal staff utilize the expertise and knowledge of business valuation experts and appraisers. Determining the accurate monetary value of a business is important in a divorce. By ensuring that the proper value is placed on the business, we can take the necessary steps to see that you receive your fair share of the business, or are compensated for the portion of the business to which you are entitled.

Dividing Other Property

Attorney Schwab is a zealous advocate for his clients, going to great lengths to ensure that their best interests are being served. In addition to handling divorce and business division issues, he can also represent clients in issues regarding:

• Property division (such as real estate, bank accounts, stocks and bonds, and other assets)
• Division of retirement assets (such as pension, 401K, SEP and KEOGH retirement accounts)
• Any matters involving children of the marriage

Contact Us

Do you have questions about the division of a family business? Are you wondering about the tax implications of small business division? Contact family law attorney Van A. Schwab through this Web site, or by calling 847-208-4569 or 847-470-0139 (in Skokie) or 312-372-4569 (in Chicago). In other suburbs call 708-209-1922. We offer flexible hours and a free 30-minute consultation. For Lake County clients, our Skokie is convenient to highway I94 at the Dempster St. exit.

For more information about property division and divorce, visit our Property Division Information Center.

Law Offices of Van A. Schwab
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