What is a Complex Divorce in Florida?
Simply put, a complex divorce is one that has many issues, or difficult issues are involved. In most cases, a complex divorce requires outside assistance. One common factor in this assistance is the need for experts who have specialized knowledge that can help resolve the issues while still protecting the rights of those involved.
Another example of a complex divorce involves a couple with a high net worth who are splitting up. If your divorce is one that could be classified as a complex divorce, you need a Boca Raton complex divorce attorney who has experience handling complex and high-net-worth divorces. The team at Schwartz | White have years of experiencing handling Florida divorces, including very complex ones.
Types of Assets that Make a Divorce More Complex
There are a variety of assets that can make a divorce more complex. Some of these can include retirement accounts, like a 401K or pensions, deferred compensation, and executive level bonuses. Assets that are held in a trust with your name can be challenging as well. There are potential tax issues that can arise with trusts, stocks and bonds, royalties and other investments. Offshore accounts and international property ownership are several other assets that can make a seemingly simple divorce more complex.
Perhaps you or your spouse are into collectibles — antiques, classic arts, original artwork, and rare coins, for example. These are just a few more examples of assets that can make a divorce complex. These items are not valued at what you paid for them, which is what some unscrupulous soon-to-be ex-spouses would have you believe.
Complex Issues Can Be Non-Financial as Well
Sometimes the complexity in a divorce is due to the parties themselves. Perhaps one of you is not an American citizen. Getting divorced from someone who doesn’t have an American passport can also complicate the divorce process, especially if he or she is in the U.S. on a K-1 visa. If you have children, this can add to the complexity since cultural expectations may differ by country.
Contentious custody battles and spouses behaving badly can create a complex divorce situation as well. Perhaps one spouse was draining marital assets and spending money on a relationship he or she was pursuing outside of the marriage. Or, maybe issues like drug or alcohol addiction, mental health conditions, etc. are causing problems.
Use of Experts in Complex Divorce Cases
As previously mentioned, the use of experts is common in complex and/or high-net-worth divorce matters. It’s often said that the more complex the marriage is, the more complex the divorce. When it comes to experts commonly used in divorce, it’s not uncommon to need one or more of the following:
- Private investigators
- Certified public accountants
- Psychologists / Psychiatrists
- Tax experts
- Real property appraisers
- Business valuation experts
Retain a Florida Complex Divorce Attorney
If you need assistance with a Florida divorce, and you believe your situation would qualify as a complex divorce, you definitely need to speak with a Boca Raton divorce attorney. Contact the team at Schwartz | White today to schedule an initial consultation. Let one of our skilled Florida family law attorneys help you through the process and ensure your rights are protected throughout your divorce.