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What is Different About a High Income or Executive Divorce in San Diego

On Behalf of | Mar 22, 2022 | Divorce

What is different about a high income or executive divorce in San Diego?  How will the legal skill and experience of your attorney make a difference in these cases?

One of the first steps in any divorce is to provide disclosures to the other party which include a schedule of all debts and assets, as well as income and expenses.  These declarations are mandatory and the information provided should represent a full, transparent, accurate disclosure.  High income or executive divorce cases often have complex financial aspects such as unvested stock options, business ownership, investment accounts and retirement assets.  A high income or executive divorce in San Diego often involves the work of experts such as forensic accountants early in the case.  It will be necessary to establish the valuation of all assets.  Additional financial information is usually required for the Court to consider initial or temporary orders for financial issues such as child support, spousal support and legal costs.

Another difference in a high income or executive divorce in San Diego is child custody and visitation.  The Court prioritizes the best interests of the children.  Business owners and executives often have complex schedules and the time spent with children can significantly vary over a period of weeks or months.  It is an effective strategy to work on child custody and visitation issues earlier in the case with the goal of reaching a settlement of this issue.  In complex divorce cases such as these, the length and challenges of working through income, assets, debts and the characterization of community and separate property can take a toll on the parties.  It is not uncommon for bitterness and other challenging emotions to build between the parties during the course of a divorce.  Working through child custody and visitation issues earlier in the process can lessen the impact of emotion or the temptation to use the situation as a form of leverage.

The parties in a high income or executive divorce often have opposing interests during the valuation of assets and this especially true when the divorce involves a closely-held business interest.  The valuation of a business or professional practice is a substantial and often contentious process.  It is not uncommon for each side to hire their own expert appraiser, or for the Court to appoint it’s own expert.

Finally, one of the most important issues to most of our clients in a high income or executive divorce in San Diego is confidentiality.  One doesn’t want one’s personal business, financial information, business income or even information about the children placed in the public record.  The Certified Family Law Specialists at Burke & Domercq have decades of experience in these cases.  Mediation is often an effective and confidential venue for working through the issues in high income and asset cases.  We work to accomplish our client’s goals and objectives and to protect their privacy whenever and wherever possible.

If you are concerned about a high income or executive divorce in San Diego you need proven attorneys with decades of experience and legal skill.  We invite you to review the strong recommendations of former clients and the legal industry, protect your interests and contact us or call 760-389-3927 to schedule an appointment for a safe, confidential and private consultation with one of our experienced and proven Certified Family Law Specialists.