November 2017 Archives

Guiding wealthy spouses through the property division process

On behalf of Martin Feldman of Fischer & Feldman, P.A. posted in property division on Thursday, November 30, 2017.

Disagreements are likely to occur in a marriage, however, during the divorcing process, this is a common event while couples attempt to sort through every divorce issue. One of the most contentious topics is property division. And during a high-asset divorce, the property distribution process can be long, taxing and filled with disagreements.

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Tags: Property Division

GOP’s plan to eliminate tax breaks for alimony payers

On behalf of Martin Feldman of Fischer & Feldman, P.A. posted in High Asset Divorce on Thursday, November 16, 2017.

While anyone can go through a complex divorce, many agree that nothing complicates the divorce process much like money does. Because of that, many couples in Florida going through a high asset divorce are faced with many difficult and overwhelming decisions when it comes to their finances during and after dissolution. For some spouses in a wealthy divorce, an award of alimony might be part of the divorce decree. While this is requested and rewarded because he or she needs financial support post-divorce, the payee spouse is at least able to enjoy tax breaks for these payments.

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Tags: High Asset Divorce

Seeking alimony in a Florida divorce

On behalf of Martin Feldman of Fischer & Feldman, P.A. posted in High Asset Divorce on Thursday, December 14, 2017.

No matter the topic, everyone seems to have his or her own opinion. This is especially true for those considering a divorce. While some may want you to stay for the kids and others might confess that they think you should have left years ago, the truth of the matter is that your friends are probably not well equipped to guide you through a high asset divorce. Thus, divorcing spouses in Florida need to understand who to seek help and guidance from during this trying time.

So whom should you seek help and guidance from? Although friends and family might be great to keep around for emotional support, especially during and post-divorce, it is important to obtain assistance from certain professionals.

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Tags: Alimony