As a business executive, getting a divorce requires legal guidance so that you can ensure your assets are protected. As an executive, you’re likely a High-Net worth individual who is interested in keeping your private life just that: private. The experienced Denver divorce for executives lawyers of Stahly Mehrtens LLC can provide knowledgeable advice and representation. Schedule your consultation to learn how we can assist you with your divorce matter.
What Factors Should You Consider In a Denver Executive Divorce?
As an executive within a company who is involved in a divorce, there are several factors that need to be considered.
- Are you an executive of a business that you own or in which you have an ownership interest?
- Do you own stock options?
- Do you have one or more retirement accounts?
- Do you qualify as a High-Net worth individual or couple?
- Are you seeking to keep the divorce process quiet?
- Do you believe that spousal maintenance and support may be a consideration?
Under Colorado Revised Statutes, property must be categorized as either separate or marital, including business interests, stock options, retirement accounts, and trusts. There are multiple options that you may be able to consider in an effort to make your divorce both faster and more private.
How To Approach Complex Divorce Matters?
As an executive, your divorce will generally be more complex. Most executives have a considerable amount of assets. Some of your options for a complex divorce matter may include:
- Mediation
- Hiring a private judge
- Arbitration
- Creating a settlement agreement with the help of your lawyer
- Litigation
- Collaborative divorce
It’s crucial to obtain legal advice to make an informed decision regarding which legal option may be right for you. Choosing which option to pursue is dependent on the facts within your matter as well as the relationship with your spouse.
Is Collaborative Divorce an Option for You?
Collaborative divorce is an option for many executives. With this option, you and your spouse work together to come to an agreement on all of the outstanding issues that must be resolved. This is known as a settlement agreement. Both you and your spouse have lawyers that represent each of you during the settlement process. The objective is to avoid litigation.
Once the settlement agreement is complete, you have the option of waiting for a court date from the system or you can hire a private judge to review and sign off on the agreement. A private judge can be a wonderful choice because you won’t wait as long as you could for a date from the system. It’s also more private because then it would only be filed within the system and you’d be finished with your divorce.
Contact Our Denver Executive Divorce Lawyers Today
Divorce for executives can be complex. It’s vital to seek legal advice so that you choose the proper legal strategies. The Denver divorce lawyers of Stahly Mehrtens LLC are skilled in assisting executives in navigating the divorce process. Schedule your consultation now.