Every divorce in Illinois can have its complications. From time to time a couple can divorce with few disputes, but generally there are disagreements as to how to handle the various aspects of the divorce. These aspects can include child custody, parenting time, child support, alimony and property division. Each of these issues are present in many divorces and each can bring about their own unique complications.
However, one issue that can bring about additional complications in a divorce is when one or both spouses own a business. The business must be split equitably just like the other marital property, but often times it is not a simple process. The first issue that must be resolved is valuing the business. Usually this involves the use of a business valuator and can be a complicated process.