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 any marriage breakup, custody determinations and the division of marital assets are usually two of the most contentious issues. For the Florida business owner, there is an extra layer of complexity in how a divorce affects business when it comes to the financial...
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...
Raising children in Florida is not always an easy task. Parents need to make many difficult decisions for them. They need to set rules, discipline and try to reason with children who see things very differently than their parents. They also need to provide for their...
It can take a lot of time and hard work to become a doctor, lawyer or small business owner. However, with effort and the proper support these can be very lucrative endeavors. Oftentimes, if a couple in the Fort Myers area is married one spouse will stay at home to...
Parents in Florida have major responsibilities as they raise their children. It is not always an easy job and parents need to make many difficult decisions. These decisions include major decisions about the schools they will attend, the medical treatment they receive,...
Addictions can destabilize and end a marriage. Gambling is an often-overlooked addiction that can devastate a marriage, run through a family’s finances, and complicate property division, especially in a high net worth divorce. There are several financial precautions...
Like other states, Florida uses set Guidelines for determining child support. These Guidelines take into account each parent’s income, certain expenses and other factors when setting out the formula judges in this state use to determine the proper amount of child...
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...
We all know about the cost of divorce, but often overlook divorce's financial benefits. A recent national article outlines some of these key advantages, which include: Access to retirement savings: While normally we have to wait until we are retirement age to withdraw...
