What makes high-asset divorces more complicated?
As stated, high-asset divorces involve valuable assets such as real estate, art, collectibles and even digital assets. To engage in constructive divorce negotiations, these assets will need to be accurately valued. This can take time and it may take more than one opinion from different appraisers. Obtaining an accurate valuation of assets means that high-asset divorces can go on for several months and even years.
High-net-worth couples often run their own businesses. They may even have a stake in multiple businesses. Unless a prenuptial agreement states that each business is to be divided separately, the companies will need to be a part of the property division process. This means that not only the value of each business will need to be assessed, but the income received by each spouse as well as their overall contributions to the businesses. How the businesses will continue to be run post-divorce will also need to be considered.
Another complex aspect of high-asset divorce is that properties and businesses may cross state boundaries. Each spouse may even own property in other countries. Having to examine property across state or national boundaries can be logistically challenging for the court, and it takes time.
As you navigate a high-asset divorce, it will be in your best interest to seek as much legal information as possible.
]]>But what if you later learn that the child is not yours? Or, what if your spouse came into the marriage with a child? Do you still have to pay child support?
If a child is born while you are married to the mother, the law recognizes you as the child’s legal father unless proven otherwise. As such, you will be expected to pay child support in the event of a divorce. The same applies if you adopt a child during the marriage.
Subject to the prevailing circumstances, the court may direct them to take a paternity test. And if the result is positive, they may be directed to assume their fatherhood role, which includes providing for their child.
Even if your ex admits that the child is not yours, you may not on your own volition stop paying child support. Doing so is a violation that can attract severe penalties. That said, if you can show that you are not the child’s biological father, then you may petition the court to modify the existing order. Of course, whether the court will modify the order or not largely depends on the facts of your case.
Child support when you are not the child’s biological father can be a complex subject. Understanding your legal options can help to ensure that you do not make mistakes that could hurt your child support case.
]]>Recognizing potential challenges and proactively addressing them can be crucial for couples navigating this unique path.
The early excitement of new love at any age can mask deeper incompatibilities that may surface as the relationship matures. Differences in life stages and priorities can create conflict. An older partner nearing retirement might prioritize financial security, while a younger one craves adventure and exploration. A substantial clash in goals can lead to resentment and a sense of being on two different paths.
Sexual compatibility can also face challenges in age-gap relationships. As the younger spouse reaches their peak sexual desire and energy levels, the older spouse may enter a natural decline in libido, resulting in trouble meeting the needs of each spouse.
Differences in intimacy needs can lead to frustration and feelings of inadequacy on both sides.
Sharing interests is one of the most common ways couples bind themselves to each other. Unfortunately, in May-December marriages, individual interests can diverge over time. The experiences and aspirations of each partner naturally evolve, potentially leaving fewer shared passions to fuel the connection.
With fewer things to share together, couples with an age gap may be even more at risk of a permanent divide.
With effort, time and renewed commitment, May-December marriages can stand the test of time. However, if despite your best efforts, your relationship challenges become insurmountable, it may be time to familiarize yourself with the divorce process in Florida. An experienced representative can help you learn more.
]]>Sometimes, this kind of emotional manipulation can escalate to the point of parental alienation. So, what do you do if you are an alienated parent?
At the very basic, parental alienation happens when one or both parents manipulate the child to develop cold feet towards the other parent. This can happen in many ways, but the outcome is usually the same: to strain the relationship between the child and the alienated parent. Here are some of the signs you need to look out for if you believe your ex is alienating you from your child:
Whether intentional or otherwise, it’s important to understand that parental alienation has short-term and long-term effects on both the child and the alienated parent.
Protect your child – Being alienated from your child can hurt, to say the least. However, do keep in mind that your child is a victim just as much as you are. If your ex is manipulating the child, do everything in your power to let your child know that you love them.
Document the alienation – if your ex is alienating you from your child, you need to take the matter up with the court. To prove your case, however, you need evidence. And this is where creating a journal of the specific alienating incidents comes in.
Parental alienation can have devastating effects on the child’s well-being. If your ex is alienating you from your child, it is wise to get help to examine your legal options.
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