Dividing assets during a divorce can be difficult, especially when it comes to brand endorsements for professional athletes. Endorsements often make up a big part of an athlete’s income, but their unique nature makes splitting them complicated. Determining the value...
Divorce
A financial advisor’s role in high-asset divorce settlements
High-asset divorces can be stressful because of the complicated finances involved, especially for wealthy individuals such as professional athletes. A financial advisor plays a crucial role in the process of ensuring you protect your wealth. Understanding your assets...
Evaluating child custody when one parent earns more
Determining child custody in high-net-worth families often involves addressing challenges that are less common in typical cases. These decisions focus on crafting an arrangement that accommodates the unique circumstances of both parents while ensuring everyone works...
Does cheating override a prenup agreement?
Prenups (or premarital agreements) are important for protecting assets, especially for high-net-worth individuals. Many wonder whether cheating can override the terms of a prenup. What is a prenup? A prenup is a legal contract that couples sign before getting married....
Criteria for determining parental unfitness
Child safety is paramount. Any actions that put a child's physical or emotional health at risk can label a parent as unfit. Florida law takes these issues seriously, aiming to ensure that children grow up in environments that contribute positively to their...
How divorce affects estate planning and wills for the wealthy
Divorce is challenging for anyone going through the process. It can significantly impact estate planning and wills, especially for wealthy individuals. Understanding these changes ensures your estate plan reflects your current wishes and circumstances. Power of...
Endorsement contracts and asset division in high-asset divorces
In Florida, divorces involving professional athletes can be complex. Endorsement deals and sponsorship contracts are often challenging to allocate to each spouse fairly. These financial agreements often form a large part of an athlete's income. They can significantly...
Things that make your divorce drag out longer than it needs to
Divorce is inherently challenging, but an extended process can add to the emotional and financial strain. While some factors are beyond control, others can be managed to prevent unnecessary delays. You may find it useful to consider some common actions that might...
How technology helps pro athletes keep family bonds strong
In the busy world of professional sports, athletes often struggle to balance their careers with family time. For those in Florida, the demanding travel and training schedules make it even harder. Luckily, virtual visitation can help you maintain strong relationships...
Athletes, entertainers and unpaid child support
Unpaid child support is a serious issue that can have significant consequences for people, regardless of their fame or fortune. For famous athletes and entertainers, the repercussions can extend beyond financial penalties and reach their professional and personal...