Newport Beach Executive Divorce Lawyer

Newport Beach Executive Divorce Attorney

When a couple seeks the dissolution of their marriage, several topics of contention may arise. This can be especially true for cases in which one or both of the divorcing parties is an executive, as these divorces typically involve high-value assets. In California, certain assets are subject to community property division, and you will need the help of a Newport Beach executive divorce lawyer to defend your interests.

When individuals serve as executives for a corporation, they typically earn a high wage. If these individuals face a divorce, they hope to protect this high wage from being negatively impacted. At Quinn & Dworakowski, LLP, we understand how hard you have worked to reach the position you are currently in. Our law firm wants to do everything in our power to protect your hard-earned assets.

Common Types of Assets Impacted by a Newport Beach Executive Divorce

In California, one of the most contentious topics in a divorce, alongside that of child support, custody, and alimony, can be the topic of property division. When a divorce involves significant assets, this topic can become even more complex. In normal divorces, or cases where there are no high-value assets, the aspect of property division can be quite simple to figure out and reach an agreement on.

Marriages that include a high wage or other assets of great value, however, can be more difficult. Spouses often fight when determining how high-value community property is to be divided. Individuals who work as executives can have a plethora of these highly valued assets, so it can be critical to hire an attorney who understands how such cases work. Common kinds of assets impacted in a Newport Beach executive divorce can include:

• Trusts
• Stock options
• Mutual funds
• Insurance policies
• Interests in the ownership of a business
• Investments
• Interests in commercial or residential real estate
• Retirement accounts, such as 401(k)s and IRAs
• Interest in professional practices, closed corporations, or limited liability companies
• Rights to intellectual property, such as trademarks, copyrights, patents, and their derived royalties

Complex calculations are typically required to identify and value the assets involved in these cases. These calculations will then be used to determine how these assets will be divided in the final divorce judgment. For this reason, having an attorney who is educated and experienced in California executive divorces can be vital to the outcome of your case.

Quinn & Dworakowski, LLP: Your Executive Divorce Advocates in Newport Beach

Having a lawyer on your side who understands the intricacies of these divorces can enable you to protect your business interests. With the assistance of an attorney from Quinn & Dworakowski, LLP, you can have someone working hard to keep you from being taken advantage of. Our team can protect and advocate for the life you have worked so hard to build.

How to Handle Public Perception in a Newport Beach Executive Divorce

The reality is that many individuals who work for corporations as high-level executives often find themselves in the public eye, so it is understandable that they want to make sure their divorce remains private and is not aired out for all to see. Not only do you want to protect your professional reputation, but you also want to shield your company from any adverse effects or consequences that could arise from a more public divorce.

If your divorce case goes to courtroom litigation, this could potentially mean that your divorce is made public. During the course of our counsel and representation, the team at Quinn & Dworakowski, LLP, can take these into consideration. We know how to protect your reputation and that of your company from being tainted by any negative impacts of your divorce.

If you find that you have confidentiality or privacy concerns regarding your high-asset executive divorce in Newport Beach, your attorney can work with the legal team of your spouse to put certain boundaries into effect. We can also establish agreements to keep your divorce as private as possible.

FAQs About Newport Beach, CA Executive Divorce Laws

How Much Do You Pay a Divorce Lawyer in California?

In California, it can be difficult to know beforehand how much your attorney might charge in an executive divorce case. These cases are highly complex and resource-intensive, as professional appraisers will be needed to valuate the assets involved. Financial analysts may also be necessary. Always discuss these and other factors with an attorney before hiring them.

Do I Have to Get a Lawyer to Represent Me in a California Divorce?

While it is not a legal requirement to have an attorney represent your interests in a California divorce, having the assistance and support of a legal guide is always an advantage. During these difficult matters, a skilled attorney can prove essential to achieving the desired outcome in our divorce case. These individuals can be especially helpful in situations that involve high-value assets, such as executive divorces.

Does the Husband Have to Pay for the Wife’s Divorce Lawyer in California?

Typically, no. In California, both spouses are usually expected to pay their own lawyer fees unless certain circumstances or court orders deem otherwise. However, there are cases in which one party might be held accountable for paying the other party’s attorney fees. In some cases, a party with a significantly higher income may be completed to pay the fees of a much lower-eating spouse. Consulting an attorney can prove crucial in these circumstances.

How Long Does an Executive Divorce Case Take in CA?

In California, the timeline of an executive divorce can vary based on certain factors involved. These factors can include the:

• Complexity of the case
• Value of the assets involved
• Level of cooperation between you and your divorcing spouse
• Skill of the legal teams involved

The more difficult either party acts when trying to reach an agreement on property division, the longer the case will last.

Contact a Trusted Newport Beach Executive Divorce Lawyer Today

If you are an executive, you want to protect your assets in a divorce. At Quinn & Dworakowski, LLP, our team is passionate about assisting individuals in protecting the lives they have worked hard for. We can fiercely advocate for them during the negotiations or court litigation surrounding high-asset property division. Contact our offices today to learn more about how we might assist you.