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Category Archives: Divorce
While every divorce is different, one thing is certain – high net worth divorces have an extra layer of complication since there is so much at stake in these types of situations. Most high net worth divorces have an extensive division of assets that can include real estate, property, stocks, businesses, investments, retirement accounts, trusts, […]
Many changes will occur in an individual’s life after a divorce is final. One of those things may be how you spend time with your children. Unless there are negative factors involved–such as domestic violence or substance abuse–you may be in a position where you are now a co-parent sharing custody of your children with […]
There is a lot of information out there about divorce – how do you file for a divorce, what is the divorce process like, what are the laws in my state; however, there is not much discussion regarding the events that occur after the divorce has been finalized. After the divorce decree has been issued, […]
Going through a divorce can be complicated, emotional, and stressful. Not only are you separating from your spouse, but you are determining many critical aspects of your future. Will there be an award of alimony? How will the assets, including a family business, be valued? How will the ownership of the family business be decided? […]
One of the most stressful and emotional parts of a divorce may involve the children and the possible battle over custody of the children. Not only does the custody battle decide how you will spend your time with your children, but it can also have a major effect on your finances – especially if child […]
Divorces are emotional and complicated, and the last thing you want is to settle your divorce and feel that you were not treated equitably. Each divorce is unique and there are many ways they can be exceptionally complicated such as adding family businesses, high net worth individuals, or complex support or alimony to the equation. […]
When you think of a divorce, one of the main worries that comes to mind is the loss of income and assets. This is especially true for a high net worth divorce since there are such high stakes in the division of property. The uncertainties that come with this can be stressful, but educating yourself […]
You may be assuming that everything obtained during the marriage is considered marital property. There are, however, a few exceptions. One of those exceptions is an inheritance received during the marriage or the corpus of an inheritance received prior to the marriage. However, you must take steps to preserve the non-marital nature of the inheritance […]
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.
Getting married is an exciting time for couples – from the engagement celebrations to the wedding to the honeymoon. All these events take planning, and one thing couples should also plan for is how to handle the financial aspects of their future marriage. This financial planning may involve creating a prenuptial agreement, which is also […]
