Even high-net worth couples are subject to the pressures of the increased cost of living. Many people take out loans and use credit cards to fund their lifestyle. So, it is no surprise that married couples will argue about how to spend and save what they earned...
High Asset Divorce
Divorce and dividing the proceeds from selling a family home
For Florida couples who have been fortunate enough to live an affluent lifestyle, divorce can be a complex situation. Dividing property is one of the more difficult aspects of the case. There may be items of significant value that both sides either want to retain or...
Consequences of hidden assets in divorce
There are many ways that divorce can play out, but when it ends in bitter disputes or even deceptive behavior surrounding marital assets, there may be legal consequences. As one of the most important determinations of alimony or child support is income levels, it can...
How are stock options divided in divorce?
The most time-consuming and technically challenging part of many Florida divorces is the division of property. This process requires the parties to disclose all their assets and liabilities. divide any separate property from the marital property, and then divide the...
How does a premarital agreement impact my high net worth divorce?
In Florida, any divorce can have challenges that lead to disagreements between the parties. If, however, it is a divorce in which the couple has accrued substantial assets, it might grow even more contentious. For some, the assets were accumulated after the marriage...
Separate v. marital assets in a high asset Florida divorce
Most Floridians know that their state is a community property state, but the exact meaning of the term can be difficult to grasp. This difficulty becomes more acute when a wealthy couple is faced with dividing their assets in a divorce. The basic rule of property...
Executive compensation is a valuable divorce asset
Divorce complications may increase with the value of assets, especially if your spouse has a valuable compensation package. It takes more work to understand and address executive compensation in a high asset divorce. Executive compensation packages More than 15...
What is commingling in a high-asset divorce?
Property division is a divorce issue that can take center stage if a couple owns many valuable assets. It is important for Floridians to understand the difference between separate and marital property, and the circumstances in which separate property can lose its...
Addressing property and debt in a high-asset divorce
When Florida residents are going through a high-asset divorce, property and debt are usually the top priority in the legal case. Every divorce case has the potential to impact the couple involved, in terms of finances, for years to come. When addressing property and...
Protecting trusts though divorce
Trusts are now part of the financial planning for more people, not just the affluent, to protect their assets, provide continued support to their children or to safeguard their businesses from lawsuits or creditors. Trust beneficiaries or owners can take steps to...