Many people create trust funds to protect their wealth and pass it down through generations. But what happens to these trust funds when a marriage ends? During a high-net-worth divorce, these trust arrangements can create complex scenarios that affect property...
Fort Myers Florida Family Law Legal Blog
Can your business survive a high-asset divorce?
Divorce can be challenging for anyone, no matter what their financial landscape looks like. However, for some business owners, the end of their marriage marriage can also mean the potential loss of the enterprise they worked so hard to build. In Florida, courts use...
Why a proper QDRO is important in a divorce
Dividing marital property in a Florida divorce often includes retirement funds. Since Florida is an equitable distribution state, property such as retirement funds must be divided fairly. Sometimes this means each spouse keeps their own retirement funds if they are...
Does cheating affect property division in divorce?
In Florida's luxurious communities, high net worth divorces often involve intricate financial matters. When infidelity enters the picture, it adds another dimension to asset division. Many wealthy individuals wonder how their or their spouse's unfaithfulness might...
Is your future safe after a high-asset divorce in Florida?
The decision to end a marriage is never easy, and the divorce process can be painful and overwhelming. It is not just about separating assets but about untangling an intricate web of a shared life. This process becomes even more complex when your marriage involves...
What happens to child support when a parent gets imputed income?
Child support calculations can change when courts assign imputed income to a parent. This often occurs when a parent appears to earn less than they could. Let's explore how imputed income affects child support and what parents should know. What is imputed income?...
Post-divorce financial security for the non-earning spouse
Divorces can come with a lot of financial uncertainties, even in high-net-worth marital splits. However, the stakes are often higher for the nonearning spouse, especially without a prenuptial agreement. If you are a nonearning spouse, you may be wondering what your...
Five ways to ready yourself for divorce
You have a lot on your plate once it becomes clear that your marriage isn’t going to survive. While key divorce legal issues like property division, child custody, alimony and child support can leave you feeling stressed, the downward pressure of it all can be...
5 ways to address flight risks in a divorce
The divorce process typically involves various steps that deal with multiple aspects of the household, including the assets owned together by the couple and matters concerning their children. Sometimes, these discussions can be straightforward, with both parties being...
Should you consider a postnuptial agreement?
A postnuptial agreement, created after marriage, could be a crucial tool in a high-net-worth divorce. This legal document may help protect assets and streamline the divorce process if the relationship ends. Understanding the role and potential benefits of postnuptial...