Orange County Executive Divorce Lawyer

Orange County Executive Divorce Attorney

When couples face divorce, emotions can run high, and several aspects could cause contention. This can be especially true for divorces in which one or both spouses are corporate executives earning a high salary. Divorces with significant assets are subject to the same property division laws as any other divorce, yet these are often more complex. When such situations arise, the assistance of an Orange County executive divorce lawyer is essential.

At Quinn & Dworakowski, LLP, our seasoned divorce lawyers can review the details of your case, including the salaries made by either party as corporate executives. Then, we can begin building a strategy to protect your interests. You have worked hard to have the wealth and property you now own, so now is not the time to allow a divorce to rid you of your hard-earned assets. At our firm, we have the experience and resources necessary to defend your interests.

Complex Assets in Orange County Executive Divorces

In many California divorces, the division of property can be one of the most contentious topics. In normal divorces, or ones without high-value assets, the property and wealth owned by the couple can be relatively simple to figure out and make decisions on. These assets can include any bank accounts established in the marriage, the family home, and vehicles.

However, marriages with high-value assets and involving members who are executives at a corporation can have a plethora of assets. These are more difficult to evaluate and therefore are much more difficult to divide. Common types of assets in an executive divorce in Orange County can include:

• Stock options
• Business ownership
• Trusts
• Retirement accounts, such as 401(k)s or IRAs
• Insurance policies
• Mutual funds
• Commercial or residential real estate
• Investment interests
• Intellectual property rights, such as copyrights, trademarks, patents, and other royalties
• Interests in corporations, professional practices, or limited liability companies

Executive divorces can often include complex calculations to:

• Identify all assets subject to community property division
• Valuate these assets
• Determine how each asset will eventually be divided between the divorcing parties

That is why having an attorney who can assist with all three steps in these calculations is extremely vital to the protection of your assets.

Quinn & Dworakowski, LLP: Protecting Your Hard-Earned Assets

At Quinn & Dworakowski, LLP, our attorneys have the resources necessary to calculate the assets involved, their value, and how they should be divided in a California executive divorce. With over 30 years of experience, the team of legal professionals at our firm can guide and support you through this difficult process. We can do everything in our power to protect the assets you have worked so hard to earn.

Certain Factors to Consider in a California Executive Divorce

Most likely, individuals involved in an executive divorce are individuals of influence and power in businesses or corporations. These individuals typically have several high-value assets that deserve protection in their divorce. Therefore, before filing a divorce petition in California, you should establish a plan. You will likely need to discuss other aspects of your division of property, such as debts, expenses, and sources of income, with your spouse.

You will want to keep as much of your divorce confidential as possible to protect your reputation, your business interests, and the interests of the corporation you work for. Executives should give certain aspects of their divorce priority. These can include the following:

• Spousal support that may be owed and how it will ultimately be structured
• Any tax consequences of capital gains or carry-overs due to capital loss
• Any non-marital assets, such as inheritances or spendthrift trusts that must be protected
• The operation of a business without the interference of an ex-spouse
• Any family corporations that will need valuing

FAQs About Orange County, CA Executive Divorce Laws

How Long Does a Divorce Take in Orange County?

In Orange County and California overall, there is a minimum waiting period between filing a petition for divorce and the finalization of one. This currently stands at six months. However, this period of time can be longer if there are certain factors involved in your case. These can include the complexity of your case and whether aspects such as child support, custody, alimony, or high-value assets are involved.

How Much Does It Cost to Retain an Attorney for a Divorce in Orange County?

In the greater Orange County area, it can be difficult to know how much it may cost to retain a lawyer for a divorce case. There can be many factors involved that will influence the final cost analysis. These factors can include the complexity of your situation, the duration of the case, and the education and location of your attorney.

Do I Have to Get a Lawyer for a Divorce in CA?

In California, while a family law lawyer is not required to obtain a divorce, they can be essential when pursuing an outcome that aligns with your exact needs and interests. In cases of executive divorce, this is even truer, as these cases are so complex that even the simplest mistake can see you losing some of the assets you have worked so hard to obtain.

What Should I Do If I Suspect My Spouse of Hiding Assets During a Divorce?

In many executive divorces, the chances of assets being hidden by one or both spouses are much higher than in more typical divorces. This is because these divorces normally handle assets of extreme value. If you suspect your spouse of hiding assets, you should hire an experienced divorce lawyer, along with an accountant.

Contact an Experienced Orange County Executive Divorce Lawyer

If you are a member of the executive team at a business or corporation and are facing a divorce, you need the assistance of a highly experienced and qualified Orange County executive divorce lawyer. These cases can be extremely contentious, and the assets involved deserve to be protected just as much as you do personally. An attorney can guide you through the legal options available to you.

Contact the team at Quinn & Dworakowski, LLP, today. As an executive, you deserve to keep the property and wealth you have worked so hard to own and maintain. Let our law firm help you do just that.