High Profile / High Net Worth Divorce in San Diego
San Diego is the Mediterranean of the United States and is home to many high profile and high net worth couples. Just like any couples anywhere, they sometimes choose to divorce. High profile, high asset divorces are generally significantly more complex due to the complex division of property challenges and a desire to keep private, intimate details out of the limelight and public record.
High profile / high net worth couples who are divorcing can keep their personal lives and finances private and out of the public record by resolving complex property division, child support, and spousal support issues without using the public court system.
Sarah T. Schaffer counsels and represents clients in all matters
pertaining to high net worth divorce including:
• Business ownership by one or both parties
• Business valuation & division of business assets
• Real estate matters
• Pension and retirement valuations
• Division of pension and retirement accounts
• Division of stock options, restricted stock units, deferred compensation
• Discovering hidden assets
• Uncovering intentionally inflated liabilities
• Exploring and presenting tax consequences & tax saving options
• Prenuptial agreements
Should I Hire a Divorce Attorney if We Are in Basic Agreement?
If Considering Divorce and Your Situation Includes Any of the Following:
• A self-employed spouse making significant income
• Stock options or executive pay packages
• Multiple homes or real estate holdings
• A significant inheritance at some time by one or both spouses
• Assets such as art, coin / stamp collections, race cars, collectibles, memorabilia, etc.
• A prenuptial agreement
IF YES TO ANY – Contact an experienced high net worth Divorce Attorney.
Why? – Because you have a lot to lose if your divorce settlement is improperly drafted. Often just the tax consequences of a poorly thought-out and drafted settlement agreement will often more than pay for attorney fees from your annual income tax, property tax, and capital gains tax savings that can –if not properly anticipated and addressed– can significantly drain away your take home income and diminish your overall net worth.
DO YOU NEED PRIVACY?
Unfortunately, when a high net worth local business couple, notable local professional couple; or a celebrity couple are suspected of splitting up, or begin the process, you can find yourselves under a microscope. Reporters, social media gossip bloggers, in an attempt to sell more papers, obtain more Internet clicks, or make the evening news, will often embellished your suspected split or pending divorce with rumors of infidelity, or gossip of secret relationships. Business or political rivals might do the same simply to embarrass and diminish your character.
Can you think of celebrity or public figure divorce where you never really heard the real details of what happened: why they really divorced? Many celebrities and public officials manage to keep the often embarrassing details of their divorce PRIVATE because their attorneys advised them to do certain things to protect their privacy. Protecting your privacy is not exclusive to celebrities, public officials or the well-connected. You can keep your intimate, sensitive family and financial details private too, and we can assist you with that.
Anyone can use the Freedom of Information Act (FOIA), to request copies of court documents, including divorce documents, which are a matter of public record unless sealed by a court order. The Freedom of Information Act is a law that our free and open society established to ensure that everyone, regardless of his or her wealth, celebrity or social status is treated just like anyone else.
High profile business owners, doctors, politicians, celebrities, and couples of high net worth often have a lot to lose should embarrassing or compromising intimate details of their private lives become public. When you divorce using the public Court system, your divorce documents that are often replete with scandalous details: some might be factual, but everything is out in the open! Those PUBLIC documents will be replete with accusations, allegations (true or not), infidelities, names of friends, employees, lovers, suspected lovers, your earnings, your detailed net worth, list of your assets and property, psychological assessments, 3rd party assessments of your parenting skills, details and quotes from your children, and all manner of personal and other sensitive information.
Consider Mediation or Collaboration – Keep Your Private Lives Private!
Keep Your Private Details & Finances Private – Depending on your unique circumstances, our law firm may be able help you resolve complex issues of property division, spousal support, and child support without involving the Court where your lives become part of the searchable public record. We can take advantage of mediation or collaboration where, if both spouses are willing to come to certain agreements in a private setting, the details can REMAIN private. This does not preclude litigating specific isolated issues in court if the parties are absolutely deadlocked.
Divorce Mediation Services Now Offered
In 2015, attorney Sarah T. Schaffer, CFLS opened STS Mediation – for a variety of reasons.
One crucial motivation was the need to address Sarah’s high-profile, high net worth clients. This venue offers agreeing couples the opportunity to have a comfortable, confidential, private venue where their private lives and intimate or sensitive details remain private.
Mediation is considered an Alternative Dispute Resolution process that many San Diego public figures, businesses owners, and others can choose as a smart and savvy alternative to public Courtroom litigation. If you are facing a family law matter, divorce, or another pending civil lawsuit where the facts, allegations, financial details —should they be accessible in the public record— be problematic, then Mediation should be considered.
Call Sarah T. Schaffer, CFLS at (858) 509-7907 to schedule a sit-down consultation or, if circumstances necessitate, a confidential phone call to discuss your questions and concerns.
At the Schaffer Family Law Group, we provide our clients expert legal services tailored to your individual needs. Call us to see if we are a fit for you or to schedule an appointment. Call (858) 509-7907