For high net worth couples, it can seem at first glance that the desire to protect one’s financial security can conflict with the necessity of ensuring that children are well taken care of during and following a divorce. This is far from the case — with experienced legal representation, at least, it does not have to be.
At Fried and Fried, P.A., successfully navigating and resolving high-stakes, high-conflict family law disputes is more than a goal. It is our area of expertise. Our attorneys have developed superior legal representation skills over decades in practice, and partner Linda Holly Fried offers the additional credentials of being a board-certified marital and family law attorney in Florida. When your financial priorities and concern for your children’s well-being seem to be at odds, our firm is here to show you a middle ground.
How Do High Incomes And Significant Assets Affect Child Support Orders In Florida?
Because Florida uses standardized child support guidelines, there is a measure of regularity to determining child support payment amounts, regardless of how high or low a couple’s combined net income is.
The devil is in the details, of course, and this is where our attorneys excel. Certain individuals may attempt to hide income sources or other assets that could result in a judge ordering them to pay less to — or receive more from — their spouses. We are scrupulous in gathering all required financial documentation — from both our clients and their spouses — so that we can approach child support disputes fully prepared to ensure outcomes that are fair to our clients. This can be a significant undertaking in cases of high net worth marriages, which makes our experience — and access to financial experts — of particular value to our clients.
As part of our consultative approach, we can review how a child support order — whether you are making payments or receiving them — is likely to affect your day-to-day finances going forward. Many individuals are ill-prepared to make necessary adjustments to their standard of living following a divorce. We want to ensure that our clients are well-positioned for long-term financial security coming out of a marriage.