Courts focus on fairness when resolving divorce legal issues at the end of a marriage. Former Madtv star and comedian Aries Spears is in the divorce process with his wife of two years. According to the finalized divorce, Spears must purchase a home for his ex-wife in Florida that she chooses valued at between $300,000 and $375,000. Spears must also purchase a new Escalade equipped with backseat television screens for the couple’s 4-year old son. According to documents, Spears makes $48,000 a month and must pay $5,000 a month in child support. Spears ex-wife was awarded full custody of the couple’s child.
In Florida, equitable distribution rules are followed when dividing property between a divorcing couple. The goal of the property division process is the fair division of assets and this includes in high asset divorce situations. The end of a marriage can cause many strong emotions that can make the divorce process more difficult. By focusing on a division of assets that is fair, including in circumstances when one spouse earns significantly more than the other, the process may sometimes be resolved with fewer disputes.
At the end of a marriage there are likely many divorce legal issues to work out which, depending n the circumstances, can, in addition to property division concerns, also include alimony, child support and child custody considerations. Each of these considerations will be based on the unique standards established for each. When dividing property between the divorcing couple, the court will focus on achieving a division that is fair to both parties.
Although the court can make divorce-related decisions for a divorcing couple, the couple also has the option to agree on many of the issues involved. Understanding those issues, and the standards the court will use to resolve them, can sometimes help a couple work together towards and outcome all parties can live with.
Source: Uptown, “Ex-Wife Takes Aries Spears To The Cleaners & Car Dealership,” Angela Wilson, June 12, 2014