Orange County Divorce Lawyer for Professional Athletes

Orange County Divorce Attorney for Professional Athletes

Divorce is a difficult process for anyone to go through. Not only are you dealing with the emotional fallout, but you are also facing the potential of having your finances and family dynamics changed forever. Balancing public-facing work and an impending divorce is impossible to handle alone. During this time, you need an Orange County divorce lawyer who is familiar with issues that professional athletes have during this process.

Hire a Divorce Lawyer for Professional Athletes

When you come into our Newport Beach office, you’ll be greeted with a team that’s intensely devoted to client interests. With over 350 years of combined professional experience, our team of dedicated family law attorneys at Minyard Morris has the knowledge needed to tackle any type of case our new clients bring.

During our weekly meetings, we strategize together to draft the perfect custom strategy for your case. We believe that the key to success is to have as many skilled eyes on cases as possible. With our 19 lawyers backing you, you’ll have the protection and guidance needed to proceed with your divorce with confidence. Let our team take care of the legal side of things, allowing you to focus on adjusting to your new normal.

Division of High-Value Assets

In 2023, around 266,540 residents of Orange County were divorced. Couples filing for divorce will do so at the Lamoreaux Justice Center, located at 341 The City Drive South. Assets may include:

• Luxury real estate, such as a primary home in Orange County, vacation homes, or commercial real estate
• Income
• Vehicles such as cars, motorcycles, boats, or yachts
• Investment portfolios
• Ownership interests in businesses such as fitness brands, restaurants, media companies, or sports-related ventures
• Endorsement contracts, sponsorship agreements, and licensing deals
• Media revenue, such as podcast income, social media monetization, and appearance fees
• Artwork and other collectibles
• Life insurance policies
• Intellectual property rights, trademarks, brand ownership, and merchandise or apparel line assets

Assets That Are Divided in a California Divorce

Courts recognize two types of assets during divorce. Community property is generally an asset acquired during the marriage, by either spouse. It includes individual income and debts. Unless the couple agrees on an alternative plan, community property will be divided equally.

The other type of asset is separate property. This is anything obtained before the marriage and is typically not divided during divorce. However, if separate property becomes mixed with community property, it may become subject to division. For example, if you use income earned before the marriage to buy a marital home with your spouse, that home may be divided during divorce.

Tax Implications of Asset Division

In general, when one spouse transfers property to the other during divorce, the transfer doesn’t create a taxable gain or loss. When property is transferred this way, it’s treated somewhat like a gift, and the person receiving it keeps the same tax basis that it had before the transfer.

Spousal Support Payments

Spousal support, commonly called alimony, is a payment made from one spouse to the other. When a court decides whether to award spousal support, it considers many parts of the couple’s situation. The judge considers:

• Whether each person earns enough to keep a lifestyle like the one they had during the marriage. This includes looking at the supported spouse’s job skills, the job market, and whether they need time or money for training or education to become employable.
• Whether the supported spouse had to stop working or limit their career during the marriage to take care of the home or children
• How the supported spouse helped the other spouse advance in their education or career
• Each person’s needs and financial obligations
• The length of the marriage matters
• Whether the supported spouse works without harming the well-being of the children in their care

The length of spousal support granted depends on the length of the marriage itself. Generally, courts award spousal support to be paid for half the length of the actual marriage, unless the marriage was long-term. The goal is to allow the supported spouse enough time to become self-supporting.

Child Support Payments

In California, both parents are equally responsible for supporting their child in a way that fits the child’s needs. Support lasts until the child finishes 12th grade or turns 19, whichever last occurs. Parents may also agree to give more support than the law requires. The team at Minyard Morris will collaborate with you on a legal strategy relative to this issue.

The Importance of Privacy During Divorce

With Orange County’s love of sports, being home to the Los Angeles Angels and the Anaheim Ducks, the public is always interested in athletes divorces. It requires careful handling and extreme discretion from your legal team. Our attorneys are devoted to privacy and protecting our clients’ public image throughout their case.

Orange County Divorce Lawyer for Professional Athletes

When you work with Minyard Morris, you work with a team that is dedicated to you and the outcome you not only want but deserve. We put our clients first every step of the way and utilize all our resources to bring you the comprehensive representation that boosts your confidence throughout the divorce process. Contact us today and let us put our knowledge, experience, and dedication to work for you. Those are our promises we keep.