Messer & Messer Law Offices

Toll-Free 866-789-9936

Florida 772-204-0904

high asset divorce Archives

Are your finances ready for your pending divorce?

The decision to divorce is often an emotional one and grows out of a sense of dissatisfaction that the partners have with regard to their relationship. Once they decide to end their marriage, though, the process becomes a legal one, as it is up to a court of law to undo the legal bond that the partners to the couple created when they married. But even though a divorce is a legal process, many of the important matters that must be settled between the individuals surround one particular topic: money.

Cryptocurrency can complicate divorce

When a Florida resident opens a retirement account or places money in a savings account, it is relatively easy for them to check on its value. They may call up the institution where the account is held and inquire, or they may check a recent statement that they received regarding the account's status. The openness of access to a person's financial devices makes it easy for them to stay on top of their money and to understand their accounts' value in the event they have to divide them due to a divorce.

Know the requirements for filing for divorce in Florida

Although divorces are emotional processes that require Florida residents to find new ways of living once their relationships are over, they are also highly technical legal processes that have many requirements that must be met in order to be completed. This post will look at just a few of the steps a person may have to take in order to file for divorce in the state but as always readers are reminded that this blog does not provide legal advice.

Actor files for divorce from wife

Scottish actor Ewan McGregor is well-known to Florida moviegoers for his leading roles in movies such as "Star Wars" and "Moulin Rouge!" He has also enjoyed what has seemed to be a relatively stable personal life with his wife of nearly 22 years and their four children. However, just recently, the actor filed for divorce to end his legal union amid speculation that he has begun a relationship with another woman.

Start of the year brings increase in divorces

The first month of the New Year offers many Floridians the promise of a clean slate on which to write the story of their lives. Whether through resolutions or recommitments to the things that bring them peace and joy, individuals often seek to pursue actions and activities that will better their lives. One unexpected pursuit that a number of people often begin is the process of ending their marriages.

Individual retirement accounts and your divorce

An individual retirement account, also known as an IRA, is an investment tool that many Floridians utilize to prepare for their eventual retirement. It is a tool that allows a person to channel funds into an account that will, over time, grow in size due to increases in the value of the investments contained therein. There are requirements on who may open the different types of IRAs and not all individuals may be able to use them to save for their futures.

Financial concerns can complicate a New Year divorce

Although divorces occur through the year, in Florida and other parts of the country divorces tend to increase after the holiday season. Whether they are precipitated by the togetherness that the holidays often impose upon families or because parents do not want to break up their families during a traditionally happy time of year, post-holiday divorces happen to couples who may have never expected to end their marriages.

How might separate property be converted to marital property?

Florida residents often enter their marriages after working hard in their careers and earning significant income prior to walking down the aisle. As such, when they marry, they may possess significant assets and wealth separate and apart from what they may plan to own with their future spouse. If they do not safeguard the management and use of their separate property, though, those assets may be viewed as marital property and may be subject to division should the couple eventually divorce.

After my divorce, will I have to pay alimony forever?

It is important that readers of this family law blog understand that alimony, also known as spousal support, does not apply to all Florida divorces. In some cases, the parties to the ending marriage may elect to forego spousal support and rely on their own incomes following the termination of their legal relationships. In other cases, however, one partner to an ending marriage may need financial help to start their life over on their own.

Psychologist notes traits that suggest likelihood of divorce

If you have not experienced divorce for yourself, then you likely know someone who has gone through the process to legally end their relationship with their spouse. Couples throughout Florida decide to break up for a number of reasons, and those reasons can range across a vast spectrum of topics.