Many couples may not envision divorce when they exchange marital vows, but it is an unfortunate possibility. The emotional turmoil of divorce is disheartening and at Glasgow & Olsson of Schaumburg, Illinois, we strive to create an atmosphere of reason and calm for innately stressful legal matters. Drawing on a collective legal background spanning five decades, our attorneys are at the forefront of multiple areas of practice and therefore provide a comprehensive approach to complex divorce issues such as the division of marital assets and debts.
In Illinois, marital property must be equitably divided when a marriage is dissolved. In general, any property or asset acquired during a marriage is considered marital property. While there are exceptions, such as inheritance, absolute traceability is essential for characterizing property as jointly or individually owned. In addition, some assets have marital and non-marital components and must be carefully analyzed to ensure fair reimbursements for both parties.
According to Illinois laws (750 ILCS 5/503), non-marital property can be acquired:
There are additional classifications for non-marital property and our firm has experience with accurate interpretation of complex property disposition laws to ensure the correct allocation of marital assets and property.
Commingled assets, stock options, business valuations, high net worth issues and retirement accounts require additional layers of expertise in asset characterization and our attorneys are well-equipped to handle every aspect of the divorce. We will evaluate the history of the marital assets and structure a response that carefully evaluates:
A thorough evaluation not only requires knowledgeable legal counsel, but a strong desire to achieve justice in asset protection and provide equitable solutions during a challenging time. Whether you are going through or anticipating a divorce, we can help guide decisions to seek the best possible outcome now and for the future.
If you need assistance in your complex divorce matter, contact our office today. We are skilled in defining and navigating the fair distribution of marital assets. We serve clients throughout Cook, DuPage and Kane Counties. Our offices are in Schaumburg, Illinois, and we serve clients in Barrington, Barrington Hills, Geneva, Hoffman Estates, Rolling Meadows, Palatine, Wheaton, and throughout Chicagoland. Please call 847.577.8700 today.
In a world of chaos, pain, survival of the fittest and ever increasing crime… it is critical not to just protect yourself with tools but also with the right people on your team. My choice is Glasgow & Olsson. His impeccable track record & experience makes him untouchable. With an empathetic heart, shoulder to cry on, he listens and will help you through the worst & best of times. I highly recommend him for retainment if you have a CCL, need to create a trust/will/prenuptial/power of attorney/etc., opening a business, going through a separation or custody battle or if you were involved in a crime-DUI, murder, etc. Tom’s team is THE BEST. You are welcome to use me as a referral!
Tom, I just wanted to let you know I am very happy with the outcome of my DUI case. Thank you for your hard work and for treating me as a valued client. You went above and beyond to get me the decision you got. I was hoping for that kind of decision but knew it would be difficult to get it. I don’t know of any other CDL drivers who has received a DUI and not lost their job. I would also like to mention how attentive you were. I was surprised at how fast you returned phone calls and emails. In my dealing with attorneys in the past they are usually very slow to return calls and emails, sometimes days before I heard back. It’s those types of attorneys that give attorneys a bad reputation. You are the exception to the rule and take your job serious and treat your clients in a professional manner and as an asset, You listen to their concerns and work on getting them the outcome they are looking for not just what’s the quickest and easiest solution. In my case you could have easily taken the district attorney’s offer at the first court date of supervision disregarding the summary suspension that would have occurred and then just said there is nothing I can do about the summary suspension. But you knowing my needs of retaining my job if possible chose to postpone the court date in order to try and work out the summary suspension knowing that a supervision on the criminal case wasn’t going to keep my license if I received a summary suspension anyway. That is what really set you apart from most attorneys. I think most of them would have jumped on the supervision on the criminal case without worrying about the summary suspension. Once again THANK YOU very much. Please feel free to use this letter on your website or any other promotional tool as I would highly recommend you as an attorney in any criminal case.
Out of state business professional stopped by troopers while paying toll at toll both and ultimately charged with DUI on Schaumburg, IL interstate. This charge put me in a life- changing situation and with no time to waste, I needed immediate professional counsel. I found Mr. Glasgow online and saw that his offices had outstanding client feedback. Gave Mr. Glasgow’s office a call and immediately felt like I was in good hands after the free consultation. Communication, expertise and consistency are 3 qualities this firm has mastered. In a legal crisis those qualities are essential. Anytime I called or emailed Mr. Glasgow’s office during the course of my case, I received immediate honest answers and understanding to the current status of my case. We went to trial and Judge ruled not guilty. Very satisfied with the outcome of my court case. I highly recommend Mr. Glasgow and his firm. Thanks again.
Write something… I can’t begin to say how lucky I am to have Mr. Glasgow for my attorney. That goes for all his staff too!
If you need a caring attorney who is compassionate and honest this is the firm you need to call. Nicest most caring attorney I have ever met.
Tom has been our lawyer for many years now for multiple reasons…and I want tell everyone out there that not only can this man do his job well he has exceeded all expectations. He not only takes care of your legal matters but he truly cares about his clients and their families. There are not enough words and thank yous in the world to say for what he has done for us and I feel truly blessed that we found him!!!!
Mr. Glasgow and his staff got right to work as soon as I reached out to them. From the beginning, Tom took charge and never looked back. He was direct and forward with his expectations from me as a client and took care of the rest. His commanding presence can be felt in every room he walks into and he uses his expertise to benefit every client he sees. I trust this law firm 100% with even the most personal of matters. Thank you so much for your help.
We hired Mr. Glasgow to help my son. My son was facing some possible serious consequences. Mr. Glasgow told my son he would help him and he really came through. We were extremely pleased with the outcome of my son’s case. Mr. Glasgow is a phenomenal attorney and we would recommend him in a heartbeat to anyone needing legal help.
Thomas Glasgow is absolutely the BEST attorney I have EVER met! Regardless of your legal issue, you must see him first. His sincere care for his clients, compassion, understanding, communication, knowledge, analytical mind, negotiating skills and unwavering perseverance is supreme.
I’ve never felt unsure of the outcome of any case Tom and Stephanie have represented me in. Genuine, yet tenacious attorneys with a plethora of knowledge. They have gone above and beyond all my expectations with both traffic and family court. Don’t go with any one else but this firm!