A high-asset divorce maintains all the stressors and concerns that middle-class couples face with the addition of deep financial intricacies and divisions. A person who maintains a trust fund and is facing potential alimony and child support may fearfully contemplate the safety of their family assets. Florida trust funds may not be safe in a high-asset divorce when financial responsibility must be met.
A person who has inherited monetary assets in the form of a Florida trust may desire to protect their gift from division in their high-asset divorce. Both a spendthrift trust and discretionary trust may not be completely protected from alimony or child support obligations if created and given Florida. Although creditors may not have access to trust funds, children or a financially dependent ex-spouse could.