As you probably already know, Florida law requires you and your spouse to divide your marital assets fairly and equitably between you when you divorce. What you may not realize, however, is that, as a high-asset couple, this equitable distribution rule may incentivize...
High-Asset Divorce
3 factors that may affect alimony in a high-net-worth divorce
If you and your soon-to-be ex-spouse have substantial assets, dividing your marital estate during your divorce may present some unique challenges. After all, you may have to address business interests, complex investments, multiple pieces of real property, art...
What happens to real estate during property division?
Real estate purchases can be a significant investment for couples. If you and your spouse invested in real estate during your marriage, however, that investment could create unique challenges if you and your spouse go your separate ways. How do Florida courts address...
Is your spouse hiding money?
During a divorce, dividing up significant marital assets may bring out the worst in even the most amicable spouses. In some high asset divorces, spouses attempt to move money so that they do not have to include it in the property division phase. The court does not...
Where can you find hidden assets?
When going through a divorce, it is not uncommon for emotions to run high. Unfortunately, this can cause some people to make bad decisions. Out of spite, malice or even just unnecessary concern, a spouse may try to hide assets. If you believe your spouse is hiding...
Is your partner hiding assets?
When going through divorce, diving assets is one of the most difficult parts of the process. The more assets you have, the more complex the process. In all of the confusion and paperwork, your spouse may attempt to take advantage to hide assets. Thus, it benefits you...
How can you protect your business assets?
When your marriage ends in a divorce, a lot of assets are at stake. This includes your personal business assets. If you own a business, you have to take into consideration what will happen to your business and its assets. Forbes points out that fair distribution is...
Determining the value of your family-owned business
If assets of your Florida divorce include a business, expect a formal valuation during the proceedings. The perception is that if a family-owned business is part of the settlement decision, the process gets very expensive, and it drags on too long. Although t his can...
What happens to your art in a divorce?
During a divorce, the court will divide your home, your bank accounts and the other valuable possessions you have acquired during your marriage in a way that it views as “equitable.” If your marital possessions include valuable artwork, receiving your fair share could...
How can I make my divorce affordable?
It is indisputable that divorce is costly in terms of time and emotional labor. However, many people focus on the aftermath of divorce when they think about the monetary costs. That is, many people are very concerned about how much alimony they may have to pay (or...
