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...
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...
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...
Couples and families in Florida and elsewhere do not look the same; thus, when a divorce occurs, how this process is handled and the decisions that result can be significantly diverse from one divorce to another. Not only does the dynamics of the family and the roles...
There is a perception that many Florida divorces are acrimonious and the parties are in dispute over every issue until the court makes its decisions on property division, child support, alimony, child custody, parenting time and more. While this is true in many cases,...
Before a court can make any decision regarding child custody arrangements, the best interests of the child will need to be considered. Courts will refer to the factors listed under Fla. Stat. Sec. 61.13(3), to establish a parenting plan or modify an existing parenting...
After your divorce, you may find yourself busier than ever, especially at work now that you are living on only one income. If this is the case, you may decide you want to hire a nanny to help out with childcare when you are not home. However, doing so could cause...
Every Florida divorce involves the division of the couple’s assets. For some couples, with low net worth, dividing assets is a minor matter, but for couples with a high net worth, the proper division of their assets can become a major issue. The process of dividing...
Valuing a closely held business for property division purposes can be a challenging part of a divorce proceeding. You may want to bring in financial experts and accountants to help you get a more accurate idea of a business’s worth. There is no single approach or...
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...
