Michael R. Hasselberg
Retired
Mr. Hasselberg represents highly compensated and high net worth individuals and spouses of highly compensated and high net worth individuals, including business owners, executives, sports and media figures, physicians, attorneys, accountants, farmers and large land owners in matrimonial matters involving the division of multi-million dollar marital estates throughout the State of Illinois.
MICHAEL R. HASSELBERG attended the University of Illinois and received his Bachelor’s degree in 1968 and his Master’s degree in 1972. He graduated from John Marshall Law School in 1975. Mike is a member of the Peoria County and Illinois State Bar Associations, Abraham Lincoln Inn of Court and the American Academy of Matrimonial Lawyers. Mike was President of the Abraham Lincoln Inn of Court from 1997 to 1998. He was admitted to the American Academy of Matrimonial Lawyers in 1990. Mike has been selected by his peers as a “Leading Lawyer” in 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, and 2019 in Illinois in the area of family law as noted by the Leading Lawyers Network. Mike was in the United States Army from 1968 to 1971. He was an Airborne and Ranger Qualified Infantry Officer and served with the 101st Airborne Division in the Republic of Vietnam from 1970 to 1971.
Areas of Practice
- 100% Family Law
- Marital Matters Involving High Income Families and Large Marital Estates
- Divorce
- Parenting Plans
- Allocation of Parental Responsibilities: Decision Making
- Allocation of Parental Responsibilities: Parenting Time
- Grandparent Visitation
- Child Support
- Maintenance
- Child Support and Maintenance Scenarios
- College Expenses
- Maintenance Cases Involving Complex Executive Compensation
- Cases Involving the Employee Spouse
- Budgeting, Financial Affidavits, and Lifestyle Analysis
- Assignment of Non-Marital Property
- Division of Marital Property
- Valuation of Businesses and Business Interests
- Valuation of Franchise Operations
- Buy-Sell Agreements versus Fair Market Value
- Division of Pensions
- Qualified Domestic Relation Orders
- Division of Stock Options (SAR’s, RSU’s, NQ’s and ISO’s)
- Hidden Asset and Dissipation Analysis
- Tax Consequences of Divorce (IRC 1041)
- Estate Planning Attendant to Divorce
- Prenuptial Agreements
- Post-Nuptial Agreements
- Pre-Divorce Planning
- Post Divorce Planning and Education
- Second Opinions
Litigation Percentage
- 100% of Practice Devoted to Litigation
Bar Admissions
- Illinois, 1975
- U.S. District Court Central District of Illinois, 1979
- U.S. Court of Appeals 7th Circuit, 1979
- U.S. Supreme Court, 1979
Education
- John Marshall Law School, Chicago, Illinois
- Juris Doctor – 1975
- University of Illinois
- Master’s Degree – 1972
- University of Illinois
- Bachelor’s Degree – 1968
Classes/Seminars
- Continuing Legal Education Seminars, Peoria County Bar Association
- Law Office Management and Marketing, Peoria County Bar Association Continuing Legal Education Series Family Law, 2001
- Qualified Domestic Relations Orders Pursuant to the Retirement Equity Act, Peoria County Bar Association Continuing Legal Education Series Family Law, 2002
- Enforceability of Prenuptial Agreements, Peoria County Bar Association Continuing Legal Education Series Family Law, 2003
- Social Security Benefits as Property and Income Under the IMDMA, Peoria County Bar Association Continuing Legal Education Series Family Law, 2004
- Maintenance Under the IMDMA, Breathing Life Into Section 504, Peoria County Bar Association Continuing Legal Education Series Family Law, 2005
- Maintenance 2005 – Case Law Update, Issues and Answers, Peoria County Bar Association Continuing Legal Education Series Family Law, 2006
- Property/Maintenance 2006 Case Law Update, Issues and Answers, Peoria County Bar Association Continuing Legal Education Series Family Law, 2007
- Income, Property or Both, Our Appellate Court’s Efforts to Help Define and Apply Said Terms Under the Illinois Marriage and Dissolution of Marriage Act Pursuant to Sections 503, 504 and 505, Peoria County Bar Association Continuing Legal Education Series Family Law, 2008
- Maintenance 2008 – The Interrelationship of Sections 503, 504 and 513 of the Illinois Marriage and Dissolution of Marriage Act, Analysis of our Appellate Court’s Decisions in Reynard II, Bratcher, Heroy and Other Cases and Their Implications with Respect to the Award of Maintenance, in the Future. Peoria County Bar Association Continuing Legal Education Series Family Law, 2009
- Illinois Maintenance Cases 2008, 2009, 2010. Analysis of our Appellate Court’s Decisions in Ellinger, Reynard I, Reynard II, Bratcher, Heroy, Walker, Abrell, Barile, Awan, O’Brien, Blum (Ill.App.), Blum (Supreme Ct.) and Nord, and Their Implications with Respect to the Award of Maintenance in the Future, Peoria County Bar Association Continuing Legal Education Series Family Law Seminar, 2011
- Illinois Maintenance Cases 2011: Analysis of our Appellate Court’s Decisions in Lichtenauer, Anderson, Nilles and Doermer and Their Implications with Respect to Maintenance, Peoria County Bar Association Continuing Legal Education Series Family Law Seminar, 2012
- Qualified Domestic Relation Orders and Qualified Illinois Domestic Relation Orders,, Peoria County Bar Association Continuing Legal Education Series Family Law Seminar, 2014
- Maintenance 2015 and 2016 – What a Difference One Year and One Day Make in the Law of Maintenance in Illinois, Peoria County Bar Association Continuing Legal Education Series Family Law Seminar, 2015
- Practicing Law Successfully/Building a Successful Law Practice, Peoria County Bar Association Continuing Legal Education Series Family Law Seminar, 2016
Honors and Awards
- Recognized by his peers as a “Leading Lawyer” by the Leading Lawyers Network, 2006 – 2019
- A-V Rated Martindale Hubble
Professional Associations and Memberships
- American Academy of Matrimonial Lawyers, Fellow, 1990 – Present
- Peoria County Bar Association, Member, 1979 – Present
- Illinois State Bar Association, Member, 1975 – Present
- Abraham Lincoln Inns of Court, President, 1997 – 1998
- Marshall/Putnam County Farm Bureau, Member and Farm Owner, 2003 – Present
- Accredited Investor
Past Employment Positions
- United States Army, Airborne and Ranger Qualified Infantry Officer
- United States Army, Infantry, 101st Airborne Division, Vietnam, 1970 – 1971
Languages
- English
Fraternities/Sororities
- Alpha Tau Omega
AV®, AV Preeminent®, Martindale-Hubbell Distinguished and Martindale-Hubbell Notable are certification marks used under license in accordance with the Martindale-Hubbell certification procedures, standards and policies. Martindale-Hubbell® is the facilitator of a peer-review rating process. Ratings reflect the anonymous opinions of members of the bar and the judiciary. Martindale-Hubbell® Peer Review Ratings™ fall into two categories – legal ability and general ethical standards.
