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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 »

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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 »

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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 »

debt division in divorce

Divorce and Debt Division: Legal Strategies for Managing Marital Liabilities

By Crystal C. Spencer |

Equitable distribution. Remember that phrase. Unlike a community property state where assets are divided 50/50, in Florida, when a couple decides to divorce, expect the “equitable distribution” doctrine to apply in the division of both assets and liabilities.  Divorcing your spouse can be a stressful time. You and your spouse have decided to end your… Read More »

blended family

Divorce and Blended Families: Legal Rights and Co-Parenting Challenges

By Crystal C. Spencer |

Navigating co-parenting during and immediately after a divorce is a major challenge for many parents. Even if the divorce was mutual and obviously in everyone’s best interests, figuring out how to share your child is a learning process. It gets even more complicated when one or both parents remarry and have to learn how… Read More »

co-parenting in Pensacola Florida

Helpful Ways to Resolve Co-Parenting Conflicts

By Crystal C. Spencer |

Co-parenting when a couple is not together may be one of the greatest challenges that parents may face. But when done right, it can make your children’s lives dramatically better. Whether you and the other parent are divorced, or you were never technically together, figuring out how to co-parent a shared child is a… Read More »

property division in a divorce

How to Keep Money Separate During a Divorce

By Crystal C. Spencer |

In Florida, marital property is considered that which was acquired during the marriage, whether cash in a bank or savings account, a home, vacation property, 401(k), boats, jewelry, or anything of value acquired during the years the couple was married. Debt acquired during the marriage may also be subject to division.  It doesn’t matter… Read More »

hiding assets

What Are the Consequences of Hiding Assets During a Divorce?

By Crystal C. Spencer |

It is not unusual for high-net-worth divorce clients to attempt to hide some of their assets during a contentious divorce. After all, they worked for it, and it’s theirs. At least, that’s how they see it.   But the court doesn’t agree. So try and hide assets during a divorce, and the Florida courts… Read More »

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