Despite the economy, which has particularly hurt California, there are many married couples who enjoy a high income and/or are wealthy with respect to the value of their marital estate. Frequently, when these couples divorce they keep their emotions in check and work intelligently to preserve their income and assets for their mutual enjoyment after divorce. On July 8, 2011, the Huffington Post reported that Arnold Schwarzenegger and Maria Shriver are working productively in reaching a settlement in their case. This, if true, is significant as Maria has significant reason to become emotional and to strike back in anger based on the reports of her Husband's extra marital activities which led to their separation and divorce.
With a La Jolla divorce office, my office frequently works with couples who have a high income (more than one million dollars per year) or a high asset case (marital estate worth tens of millions). We appreciate the Schwarzenegger-Shriver story as it confirms our practices in these cases; for example, our recommendation to keep the case private to work cooperatively in accounting for income and assets; and to work in the private judging system so that no one sees your case in a public courthouse. As a San Diego Certified Family Law Specialist attorney I must keep informed as to what forensic experts are out there and what skills they have to bring to assist in the resolution of a high income/asset case.
The issues in these cases involve all of the same issues involved in any family law case; however especially issues involving property division, community property laws and laws involving reimbursement of separate property contributions to community property. Spousal support rights in high income cases. The use of forensic witnesses to assist determining the income available for support. Even custody is affected in a high income case due to a nuance in the law in support of a child living in similar circumstances in the homes of both parents.