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high-asset divorce Archives

Weigh your options for property division in a high-asset divorce

High-asset divorces pose a challenge because of the dynamics of the property division process. If you are in the midst of a high-asset divorce or are thinking of filing for divorce, make sure that you are prepared to deal with the negotiations that will need to take place. Don't worry, we can help you along the way.

Keep your eyes on the prize during a high-asset divorce

Going through your divorce might seem like something that could be made into a version of "The Neverending Story." The good news here is that it will all be over with soon. In your quest to get the process over with, don't try to rush so much that you harm your case.

Don't go into a divorce with a shortsighted point of view

As we discussed last week, alimony is one factor that you have to think about when you are going through a divorce in Florida. There are other considerations for you to think about, too. We can help you to learn about all of the points that you need to plan for when you are going through a divorce.

Understand the basics of alimony payments in Florida

Spousal support is a component of some divorces; however, it isn't as common as some people think. Alimony payments are only components of divorces in which one spouse earns considerably more than the other spouse and there is a standard of living to keep up that requires these payments. In some cases, the recipient spouse is a stay-at-home parent who has put their career on the back burner to care for the children.

High-asset divorces have specific challenges to consider

There are many different things that make high-asset divorces difficult to handle. Many of these problems revolve around the money. Both parties usually want as much as they can get their hands on. In some cases, this causes one party to take illegal steps like hiding assets.

Know what considerations exist for a gray divorce

Divorces aren't something that are only limited to the younger generations. Older people, including senior citizens, also divorce frequently. People who are over 50 years old and divorce are said to go through a gray divorce. These divorces have specific considerations that you must think about if you are going through one.

High-asset divorce can have interesting elements

High-asset divorces are often filled with strife. Both parties want to continue living the lifestyle they are accustomed to living; however, that might not be possible. An ongoing story about the divorce of an ex-Gulf Keystone Petroleum CEO sheds an interesting light on how some high-asset divorces have very interesting aspects.

Proposed changes to Florida alimony draw emotional testimony

A bill before Florida lawmakers that would eliminate permanent alimony is drawing strong debate and emotional testimony. Supporters of the bill argue that it will help bring some consistency to determinations of alimony by judges, which now can vary significantly.

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