Some Florida readers will remember the highly contentious divorce between Johnny Depp and Amber Heard. The couple made headlines amid accusations of domestic violence and blackmail. After a brief period of very public turmoil, the parties reached a settlement in their high asset divorce. After multiple accusations that she was trying to profit from her brief marriage, Amber Heard announced that she would be donating the proceeds from her settlement to charity.
That seems to be the case after the Children's Hospital Los Angeles recently released a list of donors who gave more than $1 million in 2017. Amber Heard's name was on that list, although the exact amount of her contribution remains unknown. Heard has also worked as a volunteer at the hospital, and pledged to use her divorce proceeds to assist charities that support and assist children and victims of domestic violence.
Many people with far less wealth want to make a meaningful contribution to a charity after their divorce. Doing so can be deeply rewarding, and can be a great way to begin a new phase of life. There are numerous organizations to choose from, and it's important to do some research to find a charity that has an excellent track record.
Working with a high asset divorce attorney can also help ensure that a charitable contribution leads to significant tax benefits. That's a nice way to make the most of an act of kindness, and to ensure a strong financial foundation for the years to follow. For many in Florida and elsewhere, a charitable contribution can serve multiple purposes.
Source: The Huffington Post, "Amber Heard Follows Through On Promise To Donate Johnny Depp Divorce Settlement", Elyse Wanshel, April 10, 2018