High Asset Divorce Archives

Help your attorneys help you with a high asset divorce

When attorneys take on a high asset Florida divorce, they need access to many documents in order to make forward progress through the case. Depending on the complexity of case and the unique issues involved, attorneys typically ask their clients to provide these documents for reference throughout the divorce process. There are many standard documents necessary in a Florida divorce, but attorneys may request others when a high net worth is at stake.

Things to consider in a high asset Florida divorce

Divorcing in Broward County or any other Florida location is always a trying experience for the entire family. When you add high net worth to the mix, it can raise the stakes for everyone and make dividing assets even more complicated. However, with a little forethought and attention to detail, the process does not have to be more stressful than any other divorce. Both spouses can make dividing assets in a high asset divorce easier by keeping a few things in mind during the procedure.

High net worth divorce? How lawyers help you protect your assets

In a high asset divorce, both parties have much to lose without the proper guidance. Managing complex issues like property division, spousal support and investment or retirement accounts in a divorce is not for the faint of heart. Divorces that involve large amounts of valuable assets typically require the use of well-honed legal techniques in conjunction with superior fact-finding skills. This ensures you will come through your divorce with your rights and your money intact.

How a divorce after 50 impacts Florida residents

For couples over the age of 50, the beginning of the calendar year is a prime time to file for divorce. Between 1990 and 2013, the divorce rate has doubled for couples over the age of 50, and those who remain single after divorce may encounter financial difficulties. Research shows that 30 percent of divorced single women over the age of 62 are living at or below the federal poverty line.

Complex asset division in South Florida

If you are preparing to divorce in Florida, you will necessarily go through the division of your marital property. In Florida, assets are deemed as either marital or nonmarital property. Marital property will be divided equitably between spouses, while separate property will remain the property of the spouse who brought it into the marriage.

High net worth divorce representation in Florida

When you have worked hard for many years, you and your spouse may have built up significant assets that need to be divided when you decide to get a divorce. You might each have retirement accounts, joint and separate bank accounts, stocks, real estate holdings, business interests and other asset types. You may be uncertain of the value of your holdings.

Handling 401(k) accounts in a divorce

Many Florida workers have 401(k) accounts. It may intrigue them to know that, during a divorce, this kind of retirement account may be considered a marital asset, thereby subjecting its accrued contents to distribution between the divorcing parties.

Former Dodgers owner favored in divorce issue

Florida baseball fans may remember the start of a recent lawsuit involving Frank McCourt, the former owner of the Los Angeles Dodgers. After a man was attacked in a Dodger Stadium parking lot, he filed suit against McCourt and the team for upwards of $36 million. As that lawsuit was coming to a close, however, McCourt remained involved in his 2012 divorce from his wife of nearly three decades, Jamie McCourt. The McCourts had entered into a divorce settlement agreement that stated that, if either member of the couple chose later to contest the terms of divorce, he or she would be responsible for the other's court costs.

Messy divorce engulfs popular documentary director, Michael Moore

Florida readers are likely familiar with high-profile couple, Michael Moore and Kathleen Glynn. Moore is known for his activist documentaries, such as Farenheit 9/11 and Bowling for Columbine. Glynn, his wife of 23 years, produced several of the documentaries.

The Law Office of Forrest & Forrest, PLLC represents individuals in Fort Lauderdale in high-asset divorce matters. Daniel Forrest is board-certified family lawyer and mediator serving the South Florida area.

  • The Florida Bar - Board Certified | Marital & Family Law
  • AV(R) Preeminent Martindale-Hubbell(R) Lawyer Ratings
  • Rated By Super Lawyers | Rising Stars Daniel Forrest | SuperLawyers.com
  • Avvo Rating 10.0 Superb | Top Attorney Family
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