Fort Myers Florida Family Law Legal Blog

Divorce is a major life event for all involved — especially the kids. It's a major adjustment for them and they may need some therapy sessions to get through the transition.

But imagine how hard it would be if, in addition to "losing" a parent to divorce, the child also had to adjust to the loss of a sibling?

When a person with a high-net worth is engaged to be married, they may want to consider entering into a prenuptial agreement, known as a premarital agreement in Florida. After all, some people have established high-paying careers, may own a home or may have received a substantial sum of money prior to getting married. Moreover, some people may anticipate earning a significant income while married or accumulating other valuable assets while married. Prenups are useful, because they can protect both spouses' financial interests in the event of a high net worth divorce.

First, prenups can designate which assets are to be separate assets and which assets are to be marital assets. This is significant when it comes to property division, because Florida is an "equitable distribution" state. This means that marital assets will be divided between the spouses in the event of a divorce, and it may not be an even 50/50 split. A prenup can designate an asset as separate property and thus not part of the divisible estate, even if that asset was acquired during the marriage.

While some divorces are rancorous, resulting in a lengthy and emotionally draining courtroom show-down, many couples in Florida may want to part ways more amicably. These couples may be interested in settling their divorce through the collaborative law process.

The following is a brief overview of collaborative divorce, but as always, it is important to seek professional guidance to determine if this type of divorce is right for you.

The gender wage gap may be closing at least for some people in Florida, and this may be seen by many as a good thing. However, does the amount of income a wife contributes to the household affect the relationship she has with her partner? One study examined this issue, and its findings may be especially significant when it comes to a high net worth divorce.

Per the Bureau of Labor Statistics, around 38% of married women in the U.S. have a higher income than their spouses. In fact, the Pew Research Center reports that of cohabitating couples in the U.S., in approximately one-third of those couples, women contribute 50% or more of the household earnings. This is significant, as it may a sign that women are increasingly being treated equally in the workplace.