Sheldon E. Finman, P.A.
Call 239-215-4952 To Talk To A Lawyer Today.

8-year high asset divorce case complete

Florida residents may recall media coverage of a high-profile divorce between the wealthy founder of Cancer Treatment Centers of America and his wife of 26 years. The couple have been separated for 10 years, and have been negotiating the details of their high asset divorce case for the past eight years. Unable to reach a settlement outside of court, the couple finally achieved resolution through a legal proceeding.

Marital settlement agreements and high asset divorce

When a Florida couple has achieved a significant degree of wealth, a great deal of effort is often placed in securing those assets from loss. That includes losses that occur during high asset divorce. Many a wealthy man or woman has watched his or her assets take a significant hit after a marriage fails. In some cases, those losses are sustained after only a few years of marriage, and when one party contributed far more to the base of marital wealth than the other.

Father of 2 tennis stars facing high asset divorce battle

Florida residents who follow tennis will recognize the names Venus and Serena Williams. Both women have created astounding careers for themselves, and have become some of the most recognizable names and faces in the world of sports. Many tennis fans are aware that their father, Richard Williams, was instrumental in pushing them to achieve and surpass their goals at early ages. Richard Williams is currently in the news not in relation to his superstar daughters, however, but based on his upcoming high asset divorce.

Quiet sale of art in the early stages of this high asset divorce

Many Florida readers are aware of the divorce between billionaire Harry Macklowe and his wife of 58 years. Their story has gained a great deal of media coverage, both due to the length of their marriage and the odd twists and turns in their high asset divorce. Now, the dissolution of their marriage is once again front page news after claims that Macklowe is quietly selling high dollar art in an effort to keep assets away from his wife.

Tech entrepreneurs and the risk of high asset divorce

Anyone can experience the end of a marriage, no matter their age, level of education, occupation or wealth. For some people, however, the complexity of a high asset divorce can be greater than many others experience. One industry in which divorces can become very challenging is in the tech fields. That is especially true for those in Florida who achieve high levels of success early on in their careers.

During high asset divorce, stress should be managed

A great deal of research has been directed at examining the way that stress affects the human mind and body. Researchers agree that going through a significantly stressful event, such as the death of a loved one or a high asset divorce, can cause a drastic spike in stress levels. That can have a number of negative impacts on daily function, which is why it is so important for Florida residents to take steps to control stress.

Could a high asset divorce boost a career change?

For many spouses, ending a marriage is an overwhelmingly negative experience. People tend to focus solely on the negative aspects of a divorce and fail to recognize the opportunities that come with moving beyond an untenable relationship. In the case of those in Florida who are negotiating a high asset divorce, the end result could be a career change or the beginning of an new business venture.

Business structure is important during high asset divorce

For Florida business owners, protecting business assets from loss during property division is a top priority when a marriage comes to an end. This is an area where preparation can have a huge impact, and where spouses who were savvy enough to create a prenup will have a far easier time than those who chose to forego a marital contract. The manner in which a business is structured can make a difference in how it is handled during a high asset divorce, and certain structures are more advantageous than others.

Johnny Depp high asset divorce saga continues

Florida readers may recall media coverage of the divorce between actor Johnny Depp and his wife, Amber Heard. The end of their brief marriage made headlines after Heard accused the actor of domestic violence. They settled their high asset divorce case relatively quickly, with part of the agreement involving Heard pledging to donate the majority of her financial settlement to various charities. However, Heard recently filed new documents in the case, alleging that Depp has yet to fulfill his part of the bargain.

Avoid expenditures during a high asset divorce

Transitioning from married to single is a complex process, one that involves a significant investment of time, effort and money. That said, it is important for Florida spouses to avoid excessive spending in the months leading up to a high asset divorce. It is not uncommon for one spouse to claim that the other has acted to intentionally deplete marital assets, which is an issue that the courts take very seriously.

Schedule A Consultation

Learn more about our problem-solving based approach to divorce. Call 239-215-4952 to talk to an attorney.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Fort Myers Family Law

Sheldon E. Finman, P.A.
2134 McGregor Boulevard
Fort Myers, FL 33901

Toll Free: 877-214-3207
Phone: 239-332-4543
Fax: 239-334-7828
Map & Directions

mapView Map & Directions