Many people understand wealth and divorce to be intertwined greatly in numerous ways. Some people even believe that the greater a person's assets are, the more the couple will fight during the divorce. Which of these rumors about assets and divorce holds true under...
Divorce
Why you need a business valuation in a high-asset divorce
If you and your spouse are heading for divorce in the state of Florida, you may be wondering how to properly divide your valuable assets, namely, your business. A business valuation can put your mind at ease by helping you ensure that this asset gets divided...
4 provisions to include in a buyout agreement
Going through a divorce may be especially concerning to you as a business owner. If your spouse owns any interest in your company, you might have to sell off your business to split its value with your wife or husband. This possibility is why business owners create...
Why are more older couples choosing to divorce late in life?
Gray divorce has increased steadily for years. In fact, according to Psychology Today, the rate of divorce for couples over 50 has doubled since 1990. Here is a look at why people are deciding to leave their marriages after decades. 1. A shift in priorities Since the...
Is it acceptable to keep your engagement ring after your divorce?
If you are in the process of ending your marriage, you likely realize you must divide all your marital assets. According to Florida law, you and your soon-to-be ex-spouse have an equitable interest in your joint wealth. When splitting your assets, therefore, you and...
Is your spouse hiding assets during your divorce?
As in other states, in Florida, nearly all assets and debts that either spouse acquires during the marriage become shared marital assets. Marital assets may include physical property like real estate, vehicles and personal items as well as financial assets like cash,...
6 advantages of divorce mediation
Since people value sound advice in stressful times, divorce mediation can be helpful. Couples need to discuss the division of assets, living arrangements, child custody and their other unique circumstances. For good reason, separating spouses may consider the services...
How can you cope with your divorce?
Even when divorce is in the best interest of you and your family, the situation is still challenging. You are bound to experience a wide range of emotions, including sadness, anger, confusion, anxiety, and many others. Properly coping with emotions after divorce is...
How to handle joint tax liabilities in divorce
If you are going through a divorce, you have many issues to work out to extricate yourself from your marriage. You probably filed joint tax returns with your ex-spouse while married. If you have an outstanding tax liability, you must determine how the unpaid balance...
How is property divided in a Florida divorce?
Going through a divorce or legal separation is no easy feat. There are a host of difficult topics to negotiate, and property division may be one of the most complicated. Since you may have become attached to property you accumulated during the relationship, it is...