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High Asset Divorce Archives

Finding balance is crucial in a high-asset divorce

We recently discussed how divorce mediation might help some people who are going through a divorce. This is a method that can help you to work through problems and get your divorce finished in a faster and more cost-effective manner. We did mention that it isn't for everyone, so you have to think carefully about it before you make your choice.

Decide which divorce option is right for your case

There are two options that you have when you are going through a divorce. The first of these is litigation. The second is mediation. These are very different processes that you have to consider carefully. What is right for you might not be the option that is right for someone else.

High-asset divorces can be complicated

We recently discussed some of the issues that have to do with property division in a divorce. This is only one of the areas of contention that you might have to deal with when you get a divorce. The fact of the matter is that almost everything that has to do with a divorce is going to be a bit difficult. We know that you might not really be prepared to deal with the issues that come up. While we can't make decisions for you, we can help you to learn about what laws play a part in your case so that you can make informed choices.

Property division is often a contentious issue in divorce

Aside from child custody and support, property division is most likely to cause some issues during divorce. If you are thinking about or in the midst of a divorce, knowing some basic points about how property is divided can help you formulate a plan and work through the negotiations that might occur.

Think about your future when considering property division issues

Real estate division during a divorce is something that can lead to you starting your new life with a good financial backing or starting your new life with your head barely above water. It is crucial that you fully understand what you are getting your hands on when you are going through the property division process.

How do you choose a divorce attorney?

Choosing a divorce attorney is one of the most important decisions you will make after the decision to end the relationship. It is also one that should be done as quickly as possible to ensure that all of your filings are done in a timely manner and you have legal counsel should issues come up, as they often do once the paperwork gets started.

What happens to an inheritance?

One of the most challenging aspect of property division in a divorce is figuring out what is marital property and what is individual property. Because martial property is subject to the equitable division of the assets and individual property is not, many people try to claim assets as theirs and only theirs when really they must be considered part of the martial assets.

Florida State University coach reportedly keeping home in divorce

Less than five months after Jimbo Fisher, Florida State University's football coach, filed for divorce from his wife Candi, a final agreement between the two was reached. The divorce was finalized last month. That's a relatively fast resolution for a high-asset divorce, especially for a couple married as long as the Fishers -- 22 years -- and who are the parents of two young children. According to the divorce petition, the couple separated last May.

Financial hijinks in divorce lead to major child support award

When we discuss topics related to high asset divorces, we usually cover issues relevant to alimony or property division. While these issues can crop up in any divorce, they can be especially complex and large-scale when one or more individuals in a divorce owns high-value assets. A recent news story about the divorce between a fitness model and Florida businessman reminds us that child support can also be an issue in high asset divorces.

Can social media be a problem in a divorce?

You may love social media. It makes it easy to interact with people you wouldn't otherwise see, you can quickly share pictures and updates and it simply offers a lot of fun—and a way to kill time. If you're getting divorced in Florida, though, it may not seem so fun if it has a negative impact on your proceedings.