Known for its seaside charm and local, community vibe, Solana Beach is among the most-desirable locations for families seeking to settle down in San Diego County. Unfortunately, as we all know, approximately half of all marriages end in divorce, and spouses contemplating divorce in Solana Beach have plenty of considerations to keep in mind.
From dividing marital property to addressing child custody and visitation, getting divorced inherently involves a wide range of personal, family, and financial issues. For business owners and other high-net-worth individuals in Solana Beach, these issues can take on added levels of complexity and importance. At the Law Office of Renkin & Associates, we focus exclusively on representing clients in divorces and related family law matters, and we have particular experience representing high-net-worth clients in Solana Beach and other areas of San Diego County.
What are Some Preliminary Considerations when Contemplating a Divorce?
If you are considering filing for divorce, or if you are concerned that your spouse may be preparing to file, it is important to plan ahead. There are steps you can take now that can affect the outcome of your divorce, and it is critical to go into the process with as much planning and foresight as possible. Some of the issues that merit consideration in advance of filing for divorce include:
- Identifying your separate and community property
- Deciding which community property assets you want to keep (e.g., Do you want to stay in your home in Solana Beach? Do you want to make sure you keep your boat or high-end car?)
- Thinking about your desires regarding child custody and visitation
- Structuring your finances so that you can continue to live comfortably post-divorce
What if I want to protect specific assets in my divorce?
If you are like most people, you have certain possessions with which you are not willing to part. This could include a boat that you dock in Solana Beach; an art or memorabilia collection; or a prized Ferrari, Bentley, Mercedez-Benz or other high-end vehicle.
The first question we will need to answer is whether the asset you want to protect qualifies as separate property. If it does, it is yours to keep. But, if it does not, we will need to develop a strategy designed to protect your prized possessions in your divorce. While your spouse may push to sell high-value assets and split the proceeds, we can help you pursue better alternatives.
Where are the Family Law Courts in San Diego County?
The Family Law Courthouse at 1409 Fourth Avenue and the Madge Bradley Courthouse at 1409 Fourth Avenue in San Diego handle divorce matters. The North County Regional Center located at 325 South Melrose Drive in Vista, CA hears certain family law matters as well.
Will I Need to Go to Court to Get Divorced?
While most divorces are resolved through out-of-court settlements, it is not unusual for high-net-worth divorces to end up in front of a judge. Whether you and your spouse are completely at odds or you need judicial intervention to resolve a discrete issue, if you are unable to come to terms through negotiations, mediation, or the collaborative process, you may need to take your divorce to court.
What are the Median Home Prices in Solana Beach, CA?
For many couples in Solana Beach, their homes are among the highest-value assets they own, and as a result their homes will often play a central role in the division of their community property. If you are planning to move out during or after your divorce, it will be important to consider the impact of local home prices on your financial needs as well. Currently, the median home price in Solana Beach (ZIP code 92075) is approximately $970,000, with rents averaging $3,900 per month.
Why Should I Choose Renkin & Associates?
The Law Office of Renkin & Associates was founded by Richard M. Renkin, a Certified Family Law Specialist who has been representing clients in Solana Beach and throughout San Diego County since 1991. Our offices are located on Encinitas Boulevard in North County, just a short drive up I-5 or Highway 101 from Solana Beach. We are sensitive to the unique issues involved in high-net-worth divorces, and we take a strategic, personalized approach to protecting our clients’ interests in divorce.
Contemplating a Divorce?
If you live in Solana Beach and would like more information about the divorce process, please feel free request an initial consultation at the Law Office of Renkin & Associates. Call our offices at 619-299-7100, or contact us online and we will respond as soon as possible.