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...
Month: April 2023
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...
Should you use social media during your divorce?
You likely use social media to stay in contact with friends and family and for entertainment purposes. If you are like many people, social media has become part of your normal daily life. If you are going through a divorce, you may wonder if using social media is a...
What might trigger supervised visitation?
The Clearinghouse on Supervised Visitation Annual Report revealed in 2021 there were 1,844 supervised visitation cases in Florida. When determining custody arrangements, the court's primary concern is the best interests of the child. In some situations, supervised...
Is it a good idea to date before you are divorced?
When a marriage is on the rocks and divorce seems imminent, individuals often find themselves contemplating the possibility of dating again before they receive their official divorce decree. This desire for companionship and a fresh start is normal, especially...
Common mistakes in high net-worth divorce
While high net-worth couples divorce less often than others – as reported by Duke University – it still occurs. These divorces can quickly become complicated due to the amount of assets involved. Avoiding common pitfalls and mistakes in high net-worth divorce can help...
Ways that a forensic accountant helps your divorce
The emotional and financial effects of divorce can leave you feeling overwhelmed and confused about how to proceed. Disentangling shared assets, debts and financial interests gets complex and sometimes contentious. That is why many couples opt to work with a forensic...
When should you revise your prenup?
According to a poll conducted by Harris Poll in 2022, approximately 15% of married couples have a prenuptial agreement. This is an increase from 2010 when only 3% of couples had one. Entering into a prenuptial agreement is often a prudent decision for many couples in...
Assets and issues prenuptial and postnuptial agreements may cover
Before they marry, some Florida couples execute a prenuptial agreement to protect their personal or business assets. As noted by SmartAsset, prenuptial agreements may also include instructions for preserving the inheritances of children born during a previous...