When a Florida couple decides to part ways, they must deal with various issues. These issues include property division, child custody, child support and alimony. Most of these affect a divorcing spouse's finances, as well as the taxes they have to pay. For instance,...
MacKenzie Bezos to get $35 billion in record divorce deal
Married life has many twists and turns. We should not be disheartened at such an unexpected turn of events but should manage it with care and caution by coming to a mutually agreeable settlement, especially regarding property. With billions of dollars on the line,...
Dealing with asset division at age 50 and older
According to a number of studies, people aged 50 and above are divorcing at a historically high rate. In legal terms, these so-called gray divorces are essentially the same as divorces among younger people. However, divorce among older people, who have had more time...
Late-in-life divorces often include high value assets
Most Florida couples do not expect to find themselves experiencing divorce after 40 years of marriage. However, it is becoming more and more common, and presents its own set of unique challenges. Late-in-life divorce is also sometimes referred to as a "silver divorce"...
Amazon CEO announces divorce
The divorce announcement of Amazon founder and CEO, Jeff Bezos, and wife, MacKenzie Bezos, was made via Twitter on Wednesday, Jan. 2. And, it likely shocked many Florida residents as the couple are considered to be the richest in the world, with Jeff Bezos having an...
Common mistakes in a high asset divorce
As stressful as the Florida divorce process is in general, a high-asset divorce can multiply the tension and stress substantially. When it comes to dividing assets such as businesses, high-value real estate, priceless artwork and offshore bank accounts, it can...
Unique considerations in a late-in-life divorce
Most Florida couples do not expect to find themselves unfortunately wading through a divorce after 50 years of marriage. However, it is becoming more common, and presents its own set of unique challenges. Late-in-life divorce is also sometimes referred to as a "silver...
The benefits of settling a high asset divorce out of court
Whether entering into a simple, no asset divorce or a complex, high asset litigation, one thing remains the same; it is usually a stressful time. In the divorce of a high-profile couple with a multitude of assets to valuate and divide, there are a whole host of...
Inheritances, trust funds, and other high asset divorce considerations
A Florida resident may be pleased to find that a long-lost relative left them a small fortune as an inheritance. This unexpected windfall may enable the recipient to improve their lifestyle, make desired investments, or simply build up their own portfolio of assets...
Disclosing assets during a divorce
Going through a divorce can mean giving out a lot of information about one's financial situation and property holdings. Ending a marriage is only one of the legal matters that is addressed during the divorce process, as courts must also contend with support needs,...
