One of the most common questions divorce attorneys are asked by their clients surrounds the mortgage of the family home. Couples want to know what happens to the family home, if it should be kept by one of the spouses, and what happens to the mortgage. These are all important topics, but the one we will focus on today involves the mortgage.
High asset divorces are common no matter where you live in Florida. They involve an incredible amount of money, property and collections. Couples headed for divorce can only do so much to protect their individual assets when getting divorced. In fact, if you don't have a prenuptial or postnuptial agreement in place, you will have trouble preventing your assets from being divided.
A Florida official is embroiled in a high asset divorce case that seems to have her jockeying for her husband's money. The official, Clerk of Court Brenda D. Forman, works in Broward County. Her husband, Howard C. Forman, is a former politician in the state. He recently also served as Clerk of Court. He stepped down from the position and helped get his wife elected.
When it comes to the topic of divorce, more and more people are willing to discuss what they went through with those involved in the process now. No longer is the word taboo. No longer do you have to quietly discuss divorce with friends and family. Openness is more common these days. So, what is asset valuation in high-asset divorce?
Getting divorced in Florida is not as taboo as it once was. With millions of people divorcing each year, it has become a common topic across the country. Many people worry about how much money they will lose in their divorce to their former spouse, which is why we are taking a look at how to protect that money in today's post.
Divorce is not easy for anyone, even if you acknowledge that the marriage has not been solid for quite some time. Whether you have prepared for the divorce for years or came to the realization recently, you will want to protect your finances as much as possible. Divorce is a nasty process, even if both of you agree it is time to end the marriage. Here's how you can protect your finances during a high asset divorce.
The Florida Supreme Court recently issued an opinion on a case involving marriage property dispute. The ruling is awaiting final decision. The court ruled that there was intent of action by the husband in the divorce of a couple that married in 1987 and filed for divorce in 2010.
When a couples who are later in life choose to divorce, the process presents specific complications that younger divorcing couples may not need to consider. So called "grey divorce" refers to divorces between spouses who are about 65 years old or older, and requires special consideration from all parties involved to ensure a fair, tenable settlement.
The chief executive officer (CEO) of Turner, which oversees CNN, is embattled in an ugly divorce from his wife of five years. John K. Martin Jr. is the chairman and CEO of Turner. He also oversees the business CNN conducts. The couple wed back in 2012 at the Mandarin Oriental New York.
Full disclosure is a very important aspect of a high asset divorce in Fort Lauderdale, Florida. It is in your best interests to fully disclose all of your financials when dealing with a high asset divorce from your spouse.