Cryptocurrency is a type of digital money that is becoming more common in high-asset divorces. When couples with significant wealth decide to split up, dealing with cryptocurrency can add a layer of complexity to the process. Those who own these assets should...
Month: December 2020
Co-parenting strategies for divorced parents
Co-parenting after divorce involves working together with your ex-partner to raise your children effectively. It is pivotal to prioritize the children's interests. You should maintain open communication to ensure a smooth co-parenting relationship. If you recently...
The role of adultery in spousal support
In Florida, spousal support or alimony is not an automatic entitlement. The court awards it based on various factors. Adultery can have a significant impact on spousal support decisions. Courts may consider it when determining whether to award support and in...
Dealing with digital assets in your prenuptial agreement
Getting married is an exciting time, but it is important not to overlook the practical details. One often overlooked area is digital assets. Digital assets include the online accounts, domains, social media profiles and virtual property that are integral parts of...
Divorce can improve parent-child relationships
There comes a time for many couples when divorce becomes imminent. The romance no longer exists, and going separate ways remains in the best interests of both parties. Divorcing parents, however, may fear the split will negatively impact the bond they have with their...
Marital asset dissipation in high-asset divorce
In high-asset divorce cases, the concept of marital asset dissipation takes center stage. This issue arises when one spouse misuses or depletes shared funds, leading to significant consequences during the division of assets. Understanding marital assets It is...
What to remember when dividing sports memorabilia in a divorce
When the final whistle blows on a marriage, dividing assets becomes an unwelcome yet necessary chore. For sports enthusiasts, figuring out who gets to keep certain cherished collectibles can feel impossible. Despite this fear, it is still possible to navigate...
How does gray divorce typically affect standard of living?
Divorce marks a significant life transition. It also has ripple effects that extend beyond emotional upheaval. This is particularly true regarding the financial landscape for older men and women. The repercussions on the standard of living post-divorce vary based on...
Things mediation can help with in a high-net-worth divorce
Divorces can be complex, especially when there are substantial assets to consider. If you have a high-net-worth divorce on the horizon, you might be looking for ways to protect yourself from a prolonged and contentious process. In such cases, turning to mediation can...
How to communicate about prenups with your future spouse
Planning for the future is an integral part of any relationship. Discussing a prenuptial agreement can be a sensitive but important conversation. Approaching this topic with your future spouse requires open communication and understanding. Choose the right time...