High Asset Divorce

What makes high-asset divorces more complicated?

Very few divorce cases are straightforward, but high-asset divorces can be additionally complex. A high-asset divorce generally involves assets that amount to several hundred thousand dollars or more. What makes high-asset divorces more complicated? Obtaining accurate...

Using a QDRO to divide retirement plans 

Retirement assets can be fairly complex in divorce. With many other types of assets, you physically possess them at the time of the divorce. For instance, maybe you have a bank account with $100,000 in it. You can theoretically withdraw the money and put $50,000 into...

What are the tax consequences of a high-asset divorce?

If you’re contemplating a high-asset divorce, you should anticipate a complex web of tax consequences. Since taxes following a divorce are so multifaceted, breaking this concern down can help you understand what your financial position might look like after your...

4 money issues that can lead to a divorce

Infidelity, parenting differences and communication problems are all common and openly discussed causes of divorce. However, one reason for divorce that possibly happens just as much is financial difficulties. Financial issues can appear in a marriage in many ways....

Is your spouse hiding assets by overpaying taxes?

Some divorces get own and dirty, with one or both parties playing dirty tricks and slinging mud. Typically, the two most hotly contested issues in the split are custody of the minor children and division of assets. No one wants to pay more income taxes than they must....

When are forensic accountants needed?

For those thinking about divorce, a huge concern is fairness in the asset split. After all, you both have spent a lifetime building your wealth, and both soon-to-be ex-spouses want their fair share. However, two people can have very different ideas of what’s fair and...

Is there a way to get help for my addicted spouse?

At the heart of many divorces are financial issues. However, high-net-worth couples grow apart over other issues. One such issue that is often hidden from the public eye is substance abuse problems. Functional alcoholics and drug addicts may seem healthy to other...

Types of financial experts that may be needed in a divorce

People build their lives and their finances together during a marriage. The couple is able to share in the finances the couple earns and acquires. Couples often make financial decisions based on what is best for the two of them and not just what may be best for just...

How is a business divided in a divorce?

Many married couples depend on the family business to provide income and stability during the marriage. But what happens to the business if the couple gets divorced? The answer depends on several factors, including whether the business is considered marital property...

Are you facing a complex property division issue in a divorce?

In any given divorce case in Florida, property division can quickly become the most contested issue. And, even if the divorcing couple is approaching the case amicably, sometimes the sheer amount and value of assets and debts involved can make this issue complex. So,...

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