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...
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...
Most couples who have decided to end their marriage are concerned about how their marital assets will be divided. For most middle-income couples, their house is their most valuable asset. For wealthy couples, other assets may have value equal to or in excess of the...
In what may be one of the biggest high net worth divorces in the U.S., Microsoft founder Bill Gates and his wife Melinda Gates have decided to end their 27-year marriage. There are many financial implications for their divorce, which could impact them personally as...
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...
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...
More than one-third of American adults say they routinely hide away money from their romantic partners. The survey, which was commissioned by the online resale company StockX, found that those responding admitted to stashing an average of $2,006 in cash. What led them...
Florida couples who are considering divorce may have high net worth. Especially as couples near retirement, they may see their existing investments, like houses, stocks and the like grow surprisingly large. They may also acquire a wider portfolio of assets as their...
Florida has what are known as equitable distribution laws, which means that marital assets are divided fairly but not necessarily equally in a divorce. When divorcing couples are unable to reach an amicable agreement and these decisions are left up to the court,...
Heading into a divorce, you are likely to have concerns over issues like child custody, child support, spousal support and property division. In some way or another, you probably know that each issue will at some point relate to the almighty dollar. Furthermore,...
