Tampa Florida Family Law Blog

In the end, a high asset divorce has the same result as a regular divorce: two individuals end their legal relationship and make important decisions about how they will share their wealth, children and property. To this end, Tampa residents may not see the need to work with high asset divorce attorneys when they choose to bring their marriages to their ends.

However, getting legal help from attorneys who understand the challenges and differences that high asset divorces can present is important for men and women who possess significant amounts of wealth. High asset divorces are about more than money: they are about protecting the assets that individuals have taken years of their lives to build. They are about ensuring that individuals who entered marriages with wealth take with them the separate property that they are entitled to preserve.

Although a divorce ends the legal relationship between two people, Florida residents who were previously married may find themselves tied together by shared responsibilities that survive the end of their union. This is generally the case when the parties had children together who require custodial and financial care in the wake of their parents' divorce. For some parents required to pay child support, that responsibility can last for a very long time.

Most child support obligations end when the children reach the age of majority. That end point may be extended if they are still in high school or the child's parents may agree to continue to support them as the child pursues additional education. Children who emancipate from their parents may see their child support payments stop since the child has declared that they wish to take care of their own finances and provide for themselves.

Most people think of alimony as the monthly payment of money from a person to their former spouse. While this is how some alimony arrangements work, alimony can look very different based on the needs of the involved parties. This post will discuss some of the forms that alimony can take on in Florida; however, it does not offer legal advice but provides information about alimony options in Florida. The facts and circumstances of different divorce cases will greatly impact if alimony is awarded and what form it will take on.

Periodic payments of alimony are the most recognizable form of the obligation, and those periodic payments can be established for set durations of time or can be established indefinitely. An alimony agreement or order may state when the payments are to stop or may require the paying party to continue these payments permanently.

Most people know who Jeff Bezos is. in the last year, he was named the richest man in the world. However, even if his name is not familiar to Tampa residents, the company that he runs is likely something that they have heard of: Amazon. In the last few weeks, Bezos has been in the news for a reason unrelated to his ubiquitous company or alarming wealth.

Bezos and his wife recently filed for divorce and plan to end their 25 year marriage. The two share four children, and between them, they have billions of dollars in assets to divide up as they work to settle or litigate the separation of their lives. While at first glance a reader may not see any similarities between the divorce experience that Bezos and his wife will have and their own family law situations, they are encouraged to use this national news story as a learning opportunity regarding the process of divorce.