High-asset and high-income couples preparing for divorce often worry about financial consequences associated with separating. Property division and financial support orders may dominate negotiations or litigation proceedings. Successful parents often want their...
Divorce becomes more complex when substantial wealth is involved. Many parents assume that higher income always means dramatically higher child support. Florida law does not work that way. The state uses a formula, even in high income cases. The real disputes often...
In Florida, family law cases and finances are intertwined. When the issue is child support, the state uses guidelines to determine how much will be paid. Those guidelines are based on many factors including the parents’ income, the child’s needs, how many children...
The goal of Florida child support laws is to make sure children receive the financial support necessary to maintain their standard of living. For children of high-income families, there are some additional factors the court considers when setting an amount of child...
Many paying parents want to know if their child support money helps their children. This concern often comes up when monthly payments are high. While courts set the amounts, tracking how the other parent spends this money can be tricky. What child support covers ...
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?...
Most Floridians assume that the judge’s signature on the final order for divorce ends all legal proceedings. This assumption is often incorrect. In many cases, one or both of the ex-spouses must request a modification. The Florida legislature and the state’s judges...
In Fort Myers, Florida, the determination of child support in high-net-worth cases can vary from traditional divorces. Unlike standard calculations, these high-net-worth cases require a deeper understanding of financial complexities and the children’s needs to ensure...
It is sometimes said that as one's net worth increases, so too do one's expenses. People who have become wealthy often observe that expenses that once seemed optional -- club memberships, household employees and so on -- now seem mandatory. And, yes, much of the...
With prices rising in almost all categories, the cost of living can feel overwhelming for some parents in Florida. Raising a child may be a joyful and fulfilling experience, but it does not come without costs. And for divorced or separated parents, addressing these...
