Close Menu

Recent Blog Posts

Trust Fund in Divorce

Unpacking the Complexities of Trust Funds in High-Net-Worth Divorces

By Crystal C. Spencer |

High-asset divorces are more complicated than divorces for couples of modest means, especially if trust funds are involved. A trust fund defines the formal relationship between the grantor, trustee (a third party), and beneficiary. An individual with assets transfers them into a trust, which defines who will manage the property if they cannot do… Read More »

high asset divorce

Protecting Intellectual Property Rights During a High Asset Divorce

By Crystal C. Spencer |

A high-asset divorce can bring particular complications to the settlement table.  Both parties will understandably want to retain what they consider their individual property, but a marital settlement in Florida will divide assets equitably. While intellectual property (IP) often cannot be divided, its future profits are a consideration for a divorcing couple. To retain… Read More »

Divorce and the Impact on Luxury Assets: Yachts, Jets, and Beyond

Divorce and the Impact on Luxury Assets: Yachts, Jets, and Beyond

By Crystal C. Spencer |

Like 40 other states, Florida views divorce through the lens of “equitable distribution.” Equitable distribution requires both spouses in a divorce to be transparent about their assets before they are divided in a divorce.  The process can become particularly complicated for high-net-worth individuals who have amassed a great deal in their lifetime, whether it… Read More »

High Asset Divorce

Navigating the Transfer of Real Estate During a High Asset Divorce

By Crystal C. Spencer |

A Florida divorce is one of the most stressful events you can endure. Many individuals would like to stay put in the family home, especially if children are involved, and one of the most frequent questions from divorcing couples is whether they can keep the home. The answer is it depends. Florida is an… Read More »

Division of Charitable Endeavors

Divorce and Philanthropy: How to Handle Shared Charitable Endeavors

By Crystal C. Spencer |

You and your spouse have decided to go your separate ways. For most couples, that means dividing assets and making decisions about the children and custody issues.  Some couples grow their wealth while married and are committed to charitable endeavors. The Family Wealth Report estimates in 2020, charitable giving amounted to $471 billion. The… Read More »

Maintaining Privacy and Confidentiality During a High-Net-Worth Divorce

Maintaining Privacy and Confidentiality During a High-Net-Worth Divorce

By Crystal C. Spencer |

Avoiding a lengthy court battle is the best way to keep personal matters private and confidential when a marriage ends. Preplanning can circumvent the potential for unwanted disclosure and stress on both parties.  This can be accomplished by the spouses agreeing (before marriage) to a prenuptial agreement (prenup) that outlines how property and finances… Read More »

Shutterstock_2126348612 (2)

Mitigating the Risks of Business Depreciation During High Asset Divorces

By Crystal C. Spencer |

Divorces can be complicated, and that is especially true if there are high assets involved. While both spouses must be transparent about all of their assets, it’s also crucial that they are valued accurately. Failure to do so can result in an uneven and even unfair distribution of assets.  In Florida, equitable distribution of… Read More »

shutterstock_1770295868 (1)

Dealing with the Tax Consequences of a High Asset Divorce

By Crystal C. Spencer |

Are you facing a divorce? Expect all aspects of your life to change. This is particularly true if you are part of a high-asset couple.  Florida law states that fair and equitable is how assets are divided. With a high-asset couple, the division and tax implications can be more complicated by the valuation of… Read More »

child custody in Florida

New Florida Law Says 50/50 Sharing is Best for Children

By Crystal C. Spencer |

A new Florida law could have far-reaching implications for divorcing couples with children. Effective July 1, 2023, the new law signed by Governor DeSantis helps “unwed fathers” gain rights over a child they previously did not necessarily have as the parents were unmarried. In that case, even if his name was on the birth… Read More »

Pensacola alimony attorneys

New Florida Law Ends Permanent Alimony

By Crystal C. Spencer |

While marriage has changed over the years, so have presumptions about alimony. Permanent alimony was previously allotted when a marriage dissolved after a long partnership, traditionally when the man left a woman who had been a housewife and mother and not earned an income outside of the home.   Many couples still prefer that… Read More »

316 S. Baylen Street, Suite 520
Pensacola, FL 32502
Telephone: 850.912.8080 Fax: 850.912.8028

The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.

No content on this site may be reused in any fashion without written permission from

  • Facebook
  • Twitter
  • LinkedIn

© 2016 - 2024 Crystal Collins Spencer, Attorney at Law. All rights reserved. This is a Too Darn Loud Marketing law firm website.

Contact Form Tab