Even a divorce with no hostility or disputes can be complicated. The complexity is likely to increase in divorces involving successful professionals. In high-asset divorces, several unique challenges can arise. Preparing for them in advance may lessen their impact....
Divorce
3 warning signs your spouse might be hiding assets
Some spouses do their best to cheat their partners out of their fair share of assets when they divorce. One common way they do this is to try and hide some assets. If you suspect your spouse might try to do this to you, then it’s useful to understand what the warning...
Dealing with the family business during divorce
Many couples opt to run a business together. Both spouses may share an equal workload, or contributions from one spouse can be more minor. In any case, involvement from both spouses in a business often entitles them to a share should a divorce occur. Asset division,...
Who gets the boat in a Florida divorce?
Dividing assets during divorce is rarely an easy process. When it comes to high-value items, like a boat, the stakes of negotiation or litigation can be particularly high. As a result, it’s important for spouses to understand how the courts will handle disagreements...
Can you get divorced if you can’t locate your spouse?
In some cases, people want to get divorced but they don’t actually know where their spouse is located. They are unsure how to serve the divorce petition. This sometimes happens in cases of abandonment. For instance, maybe you and your spouse got married in Florida 10...
Tips to help mediation go smoothly
Traditionally, divorce has been viewed as a highly contested process where both spouses “entered into battle”. Nonetheless, when divorce follows this route, there are typically no winners. Nowadays, divorcing couples are starting to see the benefits of a more...
Who should file a couple’s tax return during a divorce?
Filing an income tax return is a responsibility that every working adult typically needs to fulfill each year. Annual income tax returns help validate income tax contributions including payroll withholding and estimated tax payments. Many people look forward to...
Factors that make divorce more complicated
No divorce is easy, but some are more complex than others. In some cases, both spouses are on the same page. They both want to end the marriage and move onto the next chapter of their lives. This can make divorce negotiations much easier. However, both spouses may not...
Should you sell your family business in a divorce?
When you get divorced, an important part of the court process is splitting up your marital property. In some cases, you can just divide property evenly. But in other cases, you may have to sell it so that you can divide the earnings. For example, this is why many...
How can divorcing spouses in Florida overcome complex issues?
Some divorces are relatively simple. Spouses may amicably agree to the divorce and cooperate on all major issues. They may have so few assets that there is nothing for them to fight over during the divorce. They might even have a contract, like a prenuptial agreement,...
