Boca Raton High Asset Divorce Lawyer

Boca Raton High Asset Divorce Attorney

Experiencing a divorce can be an emotionally stressful and overwhelming time, no matter what specific circumstances you are facing. For all parties involved, it can be an extensive process, and even for those with good intentions, a divorce can cause hardship and pain. Add in high-valued assets that must be split, and this process can become even more complicated. When this happens, a Boca Raton high-asset divorce lawyer is essential.

From the beginning of your divorce proceedings to the end, you need someone who can come alongside you and protect your future and livelihood. In high-asset divorces, tailored advice and strategy are essential for all negotiations between you and your spouse. The amount of assets involved might be staggering and you deserve a divorce attorney who can pay attention to every detail involved so nothing slips through the cracks.

What Is a High Asset Divorce?

A high-asset divorce often involves significant financial assets that must be split between the two divorcing parties. These divorces are set apart from others in the Boca Raton area because of the complicated negotiations that must be involved when identifying and assigning value to these financial assets. These assets might include:

• Multiple properties
• Real estate
• Investments
• Motorized vehicles
• Jewelry
• Artwork
• Antiques and collectibles
• Significant financial accounts
• Multiple businesses
• Retirement accounts
• Boats and yachts
• Stocks, bonds, or mutual funds
• Ongoing income
• Loans, mortgages, or credit card debt

To navigate the complexity of identifying and assigning value to these items, you need a trusted Boca Raton high-asset divorce lawyer who has the experience and knowledge to do so while keeping your interests in mind.

Why Choose Fairway Law Group

At Fairway Law Group, we bring 20+ years of combined experience in fighting for our clients and helping them pursue their interests when it comes to a litany of family law situations, including high-asset divorce cases. We understand that divorce can be difficult no matter what circumstances are at play and that adding in the division of high-worth assets can make it even more complicated.

As a team of lawyers dedicated to family law, we are committed to working toward the most positive outcome for all our clients and giving you the support and counsel you need during this difficult time. Our tailored legal counsel can guide you through the process of navigating a high-asset divorce and ensure that your rights are being advocated for as we fight for the outcome you deserve.

The Division of Assets in a High-Net-Worth Divorce in Boca Raton

Before the division of all liabilities and assets can take place, the courts must consider a litany of things that may be required before the division and subsequent distribution can take place. First and foremost, all the assets and debts owned by the spouses must be identified. Only then can the courts determine which assets and debts are owned by the marriage and which are owned separately.

Assets that are separate are usually those which were acquired before the marriage. This can include any property purchased before the couple was married, any income made as a result of that property or by other assets owned before marriage, and any gift or inheritance given to one spouse but not the other.

The state requires that any marital property, or assets and income obtained while the couple was married, be divided equitably. The courts will factor in elements such as the financial position of each spouse, the contribution of each spouse to the career of the other one, and the contribution to the marriage and the raising of the children when determining an equitable split.

FAQs About Boca Raton, FL High Asset Divorce Laws

What Is the Average Cost of a Divorce Lawyer?

In Florida, it is often difficult to assign an actual estimate of how much a divorce lawyer might cost. Several factors can go into deciphering the price of hiring a divorce lawyer. These factors can include the complexity of the divorce itself and the issues involved in it like child custody, support, and property division. Other factors influencing cost might be the location of your divorce and the experience of your attorney.

Does the Husband Have to Pay for the Wife’s Divorce Lawyer?

In Florida, the court is allowed to order one spouse to pay for the reasonable attorney fees of the other spouse only once the financial resources of both parties have been determined. This does not mean a husband is required to pay for the wife’s divorce lawyer by law, only that the courts may call him to do so depending on the financial situation of the wife.

Is Florida a No-Fault Divorce State?

Yes, it is a no-fault divorce state. This means that if a couple no longer wishes to remain married, they may file for divorce without having to prove any kind of blame or specific reason for pursuing a dissolution of the marriage. In the state, all that must be proven is that the marriage is “irretrievably broken” in order to seek a divorce.

What Are the Requirements for Divorce?

In the state of Florida, in order to file a petition for the dissolution of your marriage, at least one party involved must have been a resident of the state for the six months preceding the filing. Once the filing has taken place and the other spouse is served, that spouse has 20 days to respond and file their own counter-petition if they deem it necessary.

Contact a Trusted Boca Raton High-Asset Divorce Lawyer Today

If you find yourself facing a high-asset divorce in Boca Raton today, you deserve efficient and competent representation and counsel. Fairway Law Group can analyze the assets owned by your marriage and help identify and assign value to them so that your divorce can proceed fairly and with your interests kept in mind. If necessary, we can represent you in any litigation regarding your divorce and are ready to aggressively fight for you if need be.

Contact our offices today to see how we might be of service to you. Divorce is a difficult road to walk, but that doesn’t mean you need to navigate it alone. Let our attorneys walk the path with you. You don’t have to do this alone.