Those who are considered to be extraordinarily wealthy attract more than their fair share of media attention. To that end, when a marriage ends, the ensuing high asset divorce typically draws a great deal of attention and speculation from news outlets and social media. Fortunately, for most Florida residents, their privacy will remain intact while they work through the details of their own dissolution.
Though not pleasant for engaged couples, discussions involving a possible future divorce are a prudent measure. Approximately half of all marriages end in a divorce, and those who own considerable assets may do well to prepare for a high asset divorce even before the wedding. Florida residents who are concerned about such an eventuality can take steps to ensure their financial security.
People who get married in Florida often expect to stay together for many years to come. However, not all marriages make it for a number of reasons, ranging from infidelity to financial problems. Here is a peek at the age that many people who are married today might go through divorce, whether it is a high asset divorce or a more typical one.
The majority of high-net-worth couples sign a marital agreement before they wed or at some point during the marriage. However, shortly after Amazon's founder Jeff Bezos and his wife, MacKenzie, announced their intention to divorce, it was learned that the couple reportedly do not have a prenup. Florida residents who are considering filing for their own high asset divorce may be interested in learning how this dissolution will be handled.
No matter the individual circumstances, a divorce is seldom a process that anyone joyfully anticipates. However, those who will be enduring a high asset divorce often face complexities that the majority of divorcing couples will not have to unravel. Florida residents who are preparing for a high net worth divorce may benefit from having clear priorities.
Those who have amassed considerable assets during their lifetime may have concerns about entering into a marriage. In the event that the relationship becomes unsustainable, it is possible that an individual could face significant losses if he or she is ordered to pay a former spouse in the aftermath of a high asset divorce. Florida residents who are preparing for a dissolution may have many concerns about protecting their financial well-being in the future.
The hard work and effort that one puts into building a business is often hard to measure concretely. However, when a business owner finds him- or herself facing a high asset divorce, having a solid plan in place can preserve the company's future. Florida residents who are preparing to file a divorce petition have some tools that may help safeguard their business.
The hard work that one invests into growing a successful enterprise may be one of the most satisfying experiences in life. If a divorce were to threaten the success of this business, the business owner could be left with little more than shattered dreams. There are steps that Florida residents can take to protect a business in the event of a high asset divorce.
The dissolution of a marriage can lead to intense bitterness and acrimony, especially when the couple have considerable assets to divide. Though many couples may have signed a prenuptial agreement in an effort to reduce fighting, individuals caught up in a high asset divorce may still make harsh allegations during court proceedings. Florida residents facing these issues can seek the guidance of experienced family law attorneys.
A recent study conducted by the Center for Retirement Research seems to suggest that divorced women are more likely to be homeowners. This appears to run counter to previous research that indicated that women did not enjoy financial security after a dissolution. Regardless of whether a Florida resident later becomes a homeowner, a high asset divorce requires careful planning and consideration in order for either party to realize financial stability.