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A high net worth divorce has traditionally been defined as a divorce involving more than one million dollars ($1,000,000.00) in net liquid assets. The recent divorce case involving Jeff Bezos, the Amazon CEO, and his wife MacKenzie shows how extensive the division of property, stocks, and other assets can be.
Children who experience a divorce in their family can be affected in many ways, some of which are negative and long-term, which is why protecting them and being a supportive parent throughout the process is as important as ever. When working with an attorney regarding child custody, be sure to stress the importance of protecting […]
Divorces and the economic aspects relating to divorces are complicated and involve many issues that need to be taken into consideration. When one or both of the parties is a high net worth individual, the divorce is taken to a whole other level. Because there are significant personal and/or business assets at stake, the divorce […]
If you’re getting a divorce or are planning to get a divorce, you will likely be thinking about your first meeting with a divorce attorney. What paperwork should you bring with you? What questions should you ask? What questions will they ask you? You may feel unsure of what information you’ll need and what […]
Divorces can be emotional and stressful, and when children are involved, child custody arrangements can make things even more challenging and may cause additional concerns. What if your ex-spouse doesn’t abide by the arrangement and doesn’t meet you with your children on time? What if they talk about moving out of state? Luckily, there are […]
Filing taxes can be complicated enough to begin with, and when a divorce is involved, there are additional items that one should consider because separation and divorce will impact your tax situation. From claiming dependents on your tax return to your filing status and marital property, there can be a lot to think about. The […]
When the subject of divorce is brought up, one of the first topics that might make you feel stressed is the topic of finances. What will happen to me financially during and after the divorce? This question and the stress that comes with it is completely normal, but don’t worry. If you have the right […]
If you are new to the topic of divorce and are about to experience it first-hand or suspect it is something that may happen down the road, you might be worried about the unexpected. You may have fears regarding the process and what it means for you and/or your children.
After you execute a divorce/marital settlement agreement and time elapses, it may be common for things in your life, and the life of your ex-spouse and children, to change. Often a person’s financial and personal circumstances change. People begin new jobs, they leave old ones, and they may relocate. They may even remarry or start […]
If you are in a relationship that you feel is leading to a separation, you could be overwhelmed by the thought of what this could mean for you, your finances, your living arrangement, and especially your children. Preparing yourself for this situation before it happens is one of the best things you can do. It […]