Dividing assets is one of the most contentious parts of any divorce. After all, you want to know who gets to keep the house or the car, right? But when you focus only on the bigger and common assets during divorce, it's easy to overlook the smaller and uncommon ones...
High Asset Divorce
How are luxury assets handled in a divorce?
Dividing assets in a divorce can be complicated, but handling luxury assets requires extra attention. Luxury items, such as high-end cars, fine jewelry, art collections, and vacation properties, hold significant value and often become part of the marital property. You...
How does transferring real estate in a divorce impact taxes?
High-asset divorces often involve complex property division, especially when transferring real estate. Understanding the tax implications of these transfers can help protect financial interests and avoid unexpected costs. What to know about capital gains taxes When...
How can you protect your business in a high-asset divorce?
High-asset divorces threaten the stability of a business if handled poorly. Business owners must prepare and take strategic actions to protect their interests during a divorce. Several strategies help keep a business intact and minimize financial loss during this...
How long does a high-asset divorce take in Florida?
Divorce can be a challenging process, especially when there are significant assets. Understanding the timeline for a high-asset divorce can help individuals prepare for the steps ahead. Factors influencing the divorce timeline Several factors affect how long a divorce...
How are art collections divided in a Florida divorce?
When it comes to getting a divorce in Florida, dealing with valuable assets like art collections can be quite challenging. To make the process easier, it's important to understand how Florida courts handle the division of art collections. Marital vs. non-marital...
Mistakes to avoid when navigating high-asset divorces
High-asset divorces can be complex and emotionally exhausting. It can become more challenging when property division laws significantly impact the financial outcomes for both parties. Avoiding common mistakes during this process can protect your interests and ensure a...
What happens to a business during a high-asset divorce?
High-asset divorces are often complicated, especially when a business is involved. These situations require special attention to detail to ensure fair outcomes for both parties. During a high-asset divorce, it is important to understand what can happen to a business...
Should you wait for your divorce before starting a business?
Starting a new business can be an exciting venture. It can fill you with hopes for success and helping your community. However, what if you are in the middle of a divorce in Florida? You might wonder whether it is wise to open your business while your divorce is...
When would a court award spousal support in a high asset divorce?
It is a misconception that spousal support or alimony is only for those with lower incomes. Couples with more wealth have the equal right to include spousal support in their divorce negotiations. For wealthier individuals, this payment is often a way to maintain a...