Irvine Executive Divorce Lawyer

Irvine Executive Divorce Attorney

When a married couple decides to seek a divorce, tensions can grow between the parties, and emotions can become challenging to navigate. There are often several areas of contention between the divorcing couple, such as child custody and support, alimony, and property division. The last, that of property division, can become even more contentious in executive divorces, but an Irvine executive divorce lawyer can navigate these situations.

When executives in leading corporations divorce, it can make headlines and become a public affair. Although the public is not necessarily impacted by the divorce, the individuals in the divorce may be high-profile executives, such as CEOs, CFOs, COOs, directors, and even shareholders. Quinn & Dworakowski, LLP, can work to keep your divorce as private as possible.

Common High-Value Assets in an Irvine Executive Divorce Case

Typically, an executive is highly-compensated for their work. Because of this, they should expect their divorce, and especially the topic of property division, to involve their income and high-value assets. This is why an attorney from Quinn & Dworakowski, LLP, is essential.

If you already have a prenuptial agreement in place, there is already, thankfully, a plan in place on how to proceed with property division. Unfortunately, if there is no prenuptial agreement, all the assets that were gained during the marriage, or had value added to it throughout the marriage, are considered marital or community property. It is, therefore, subject to an equal division between the couple.

Common examples of high-value assets that may be subject to a community property split include the following:

• Vehicles and boats
• Retirement accounts, such as 401(k)s and IRAs
• Real estate
• Joint bank accounts and pensions
• Stock options
• Shareholdings
• Insurance policies
• Mutual funds
• Valuables, such as jewelry or other collectibles
• Securities portfolios
• Professional practices
• Business partnerships
• Intellectual properties, such as copyrights, patents, and trademarks
• Trusts

If you are an executive with any of the above assets involved in your divorce, you need the legal assistance and guidance of Quinn & Dworakowski, LLP. We can sort and settle any issues surrounding the division of property in your divorce.

Quinn & Dworakowski, LLP: Protecting Your Hard-Earned Assets in an Executive Divorce

When you are involved in an executive or high-asset divorce in Irvine, you are likely feeling uncertain and concerned about the future of the property you have worked hard to obtain. You need a way to protect your assets. Our attorneys at Quinn & Dworakowski, LLP can assist with this task. We have the experience necessary to review the details of your divorce and determine how to reach a fair property division agreement.

Our team of qualified attorneys can assist in valuing the assets owned in your marriage. We can employ the assistance of forensic accountants and financial experts to ensure compliance with California state laws. With over 30 years of experience, we can strive to achieve the favorable case outcome you need in your executive divorce.

Discovering Hidden Assets in an Executive Divorce

Unfortunately, the more high-value assets are involved in your divorce, the more likely it is that your soon-to-be ex could be hiding assets from you, especially when these assets are subject to community or marital property division. Thankfully, our team at Quinn & Dworakowski, LLP, can determine whether your spouse is acting in this manner. Common signs of asset hiding in an executive divorce can include:

• The opening of a PO box or changes of address made on certain accounts
• Increased spending
• New loans that might be siphoning money from joint accounts
• Delayed payments
• Discovering previous unknown bank accounts or credit accounts
• Traveling out of the country unexpectedly
• Discovering out-of-state addresses
• Obvious or not-so-obvious monetary transfers between accounts
• Increased loans or gifts to friends, family members, or business partners
• Discovering that certain financial records are missing

FAQs About Irvine, CA Executive Divorce Laws

What Are Some Examples of Mistakes to Avoid in an Executive Divorce?

The most common mistake in an executive divorce, and one that should be avoided completely, is that of hiding assets, either before or during the divorce proceedings. This is immoral and illegal behavior, and it will most likely get uncovered at some point during the divorce. Additionally, not cooperating in the divorce can lead to a longer and unnecessary timeline.

How Much Do You Pay a Divorce Lawyer in California?

In California, it may be difficult to know how much your divorce lawyer might charge before the case begins. Several factors will affect the total cost, such as how complex your case is and whether litigation will be necessary to resolve it. Complex cases cost more than simpler ones, as the attorney must take more time to address all the relevant issues.

Will the Wife Be Entitled to Half the Husband’s Property in California?

In California, divorces are typically handled under the laws of community property. Therefore, any property that was gained during the marriage or had value added to it during the marriage is subject to an equal division unless the couple agrees to something else in writing. If a prenuptial agreement is in place, this will have already set up how to divide property.

How Long Does It Take to Settle an Executive Divorce in California?

It can prove difficult to know the exact timeline of how long it might take to settle an executive divorce case in California. There are typically several elements involved that could influence the overall timeframe. These include the:

• Cooperation of the parties involved.
• Complexity of the case
• Assets involved
• Topics of contention
• Availability of the courts

Contact a Trusted Irvine Executive Divorce Lawyer Today

If you are seeking a divorce in Irvine and are an executive in a corporation, you are likely feeling worried about the division of your property. You could also be experiencing pressure to keep your divorce case out of the public eye. At Quinn & Dworakowski, LLP, we work closely with our clients to achieve as private a divorce as possible while also protecting the assets you have worked so hard to earn. Contact our offices today to learn more.