If you and your spouse own a business together, then it is a marital asset. For instance, maybe the two of you got married 10 years ago and started a business two years into the marriage. You both left your corporate jobs to run the business together. This becomes...
Florida law divides marital assets equitably, but that only works if both spouses play fair. When one party starts wasting marital assets before or during a divorce, it may be legally actionable. The term for it is “dissipation of assets,” and Florida courts take it...
A comfortable retirement typically requires many years of careful planning. Married couples may have worked with a financial advisor years ago to maintain a sustainable family budget and begin saving what is necessary to allow them to live comfortably in their golden...
Divorce comes with emotional and financial stress. But when family trusts enter the picture, the process becomes even more overwhelming. Trusts hold significant wealth, protect family legacies and support future generations, which is why legal professionals who fully...
Property division is a contentious issue in many Florida divorces regardless of the value of said property. However, people who have been fortunate enough to accrue wealth will have properties of immense value. That can include real estate, automobiles, boats,...
Divorce is stressful, and leaving a high-net-worth marriage can feel even more overwhelming for homemakers. Custody decisions are not just about schedules or money. Knowing the key factors courts consider can help you protect your role as an involved parent and make...
Indeed, this tends to be a particular concern in divorce cases involving individuals with significant wealth. In Florida, if a spouse intentionally wastes or depletes marital assets within two years before filing for divorce (or after filing), the court can make an...
A lot of divorces resolve through settlement negotiations. While that can save you time, money and a bunch of conflict, you can’t blindly step into the process and expect to walk away with a resolution that protects your best interest. Instead, you need to develop an...
In Florida family law cases, people who are in the middle of a dispute over how much alimony will be paid might think that it is a simple matter of the court deciding what would be a fair resolution, determining how long it will last and issuing the order. However, it...
Couples in Florida who are getting ready to go through a divorce have probably heard the term “equitable distribution” come up in their research about the legal process. At the same time, the word “fair” may arise quite commonly as well. So, what do you need to know...