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In Florida, judges may award either temporary or permanent alimony. The former is the most common. It's intended to give the recipient enough time to complete their education or professional training and restart their career. While most recipient spouses agree to...
One high-value asset that couples in the upper income brackets often share is a business. Assigning a value to real property is often much easier to do that it is to valuate a company.Tangible assets like real estate are much easier to assign values. More abstract...
When Amazon founder Jeff Bezos and his wife announced that they were ending their 25-year marriage back in January, it stirred up a media frenzy. Many wondered what this would do to Bezos' $137 million fortune that he'd amassed over the years. It led to an increased...
If you're ordered to pay child support in a divorce, it is based on your income and ability to pay at the moment. The idea is that your wealth will likely stay at or near that level, so the payments are both fair and affordable.Naturally, the court has no way to...
The use of Bitcoin has grown in popularity in Florida and across the rest of the United States in recent years. Many have been drawn to exchange their cash for this global digital currency because of the lack of government oversight. The emergence of Bitcoin has made...
Many of us are conditioned to believe that money has the potential of resolving our problems. However, researchers with the American Academy of Matrimonial Lawyers have concluded that divorce rates increase when the economy is doing well and the more money that a...
A new study published by the Center for Retirement Research confirms what many financial analysts have long suspected. Divorce has a way of adversely impacting an individual's current and future financial situation. The researchers working on this latest study...
When you and your ex decide to divorce, you're required to divide up marital assets. Each item must be appraised and assigned a valuation date before you do so. While the process involved in assigning a monetary value to your property may seem pretty straightforward,...
A study conducted by TD Ameritrade in 2017 highlighted how 40 percent of all marriages end in a divorce and how at least 25 percent of all seniors age 65 and older are widowed. If you're wondering what one statistic has to do with the other, it's that at least 66...
If the average American were asked what the leading cause of relationship problems was in the United States, they'd likely admit that it has to do with financial discussions. What many likely wouldn't know is what researchers at SunTrust Bank found out. They...