In most Florida divorces, the family home is the asset with the single greatest net value. However, the parties to the divorce may have different emotional ties to the home, and these ties may influence their opinions about the net fair market value of the property....
High Asset Divorce
Considering a prenuptial agreement
If you and your future spouse are high income earners or have a significant net worth, you may want to consider creating a prenuptial agreement, also known as a prenup. This agreement outlines how your assets and debts will be divided if you divorce. Asset examples...
Dividing stock options in a divorce
Florida law calls for divorcing couples to divide their marital property equitably, meaning in a way that meets standards of fairness under state law. This process is known as property division, and it's often the most technically difficult aspect of a divorce. And,...
Completing a business valuation in a divorce
When a married couple who own a business together decide to divorce, it can lead to a complex property division process. A business valuation is an important part of the divorce settlement and it requires the cooperation and communication of both spouses. Disclosures...
The problem of hidden assets in divorce
Nasty arguments are behind many divorces. What starts as a disagreement about spending might spill over into questions of honesty or competence. Some insecure people simply lie or manipulate their spouses to cover up their financial issues. In these cases, it should...
Benefits of private mediation in high-profile divorces
Mediation is highly effective, and it is a service offered both as a private service and as part of the divorce process in most family courts. It is an effective way to resolve disputes confidentially and efficiently. Many people who want to divorce do not want to go...
When your business is considered marital property in your divorce
When a married couple divorces in Florida, one of the first steps of the property division process is to divide any separate property from the marital property. Next, the spouses must divide the marital property under state law. For the most part, there are just these...
Child support and high-net-worth parents
In some ways, every Florida divorce is alike. The parties must divide their marital property according to state law and, if they have young children, must resolve questions of child custody and child support. But, as the saying goes, money changes everything. For...
Money can be the root of an irretrievable breakdown of a marriage
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...
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...