Division of the Marital Estate

Division of Marital Property in NV

Safeguard Your Future With Our Henderson Divorce Lawyers

If you are preparing for a divorce, then it is likely you have a few concerns about your post-marriage finances. Nevada is considered a "community property" state, which means all assets and income accumulated during a marriage are divided equally among divorcing spouses. This can often lead to friction between the parties and cause considerable worry about their financial outlook.

At Ford & Friedman, our Henderson marital asset division attorneys have extensive experience handling a variety of multilayered divorce issues, including the division of high-value assets and the marital estate during a divorce. From real estate to pensions to stock options, our firm is ready to help determine what you are entitled to and what kind of financial future you deserve following the dissolution of your marriage.

Do not walk away from your divorce without the assets you deserve. Contact us today to schedule a consultation.

Maximize Your Share of Marital Property

When going through a divorce, one of the most important aspects is the division of marital property. Our experienced Henderson divorce lawyers at Ford & Friedman are here to help you safeguard your future and ensure that you receive your fair share of the assets.

Understanding the division of marital property in Nevada is crucial. Nevada is a community property state, which means that all property acquired during the marriage is generally considered community property and subject to equal division. However, there are exceptions for separate property, which includes assets acquired before the marriage or through inheritance or gifts.

Our dedicated attorneys will work closely with you to protect your business assets, if applicable, and ensure that they are not unjustly divided during the divorce process. We understand the complexities of business valuation and the importance of preserving your hard-earned assets.

Contact us today to schedule a consultation with our results-oriented divorce attorneys. We will provide you with personalized guidance and support throughout the entire divorce process. Our testimonials speak to the level of service and satisfaction our clients have experienced when working with our firm.

Community Property vs. Separate Property

One of the first considerations in the division of assets for divorcing persons is to determine which property is eligible for division during the divorce process. Nearly all assets, income, and debts acquired during the marriage are considered community property and will be divided between the spouses by the court.

There are, however, exceptions. Separate property is all property that each spouse independently acquired before the marriage and is not eligible for division by the court. There are also special kinds of property that can be obtained during a marriage that can still be considered separate.

Separate property in Nevada can include:

  • Inheritances
  • Personal injury awards
  • Gifts
  • Any income that is generated via separate property

Even when circumstances are complex, our team can trace assets and assert their correct classification (as community or separate property) before the property division process begins. Our lawyers can also assist with the skillful allocation of debt such as medical or credit card debt.

Protecting Your Business Assets

Special care must be taken when one or both spouses in a divorce own a business. For disputes related to business ownership and valuation, our team has developed a network of accounting, business valuation, real estate appraisal, and related professionals and expert witnesses whom we can call on to ensure that your business is assessed properly during your divorce.

In these cases, our firm has regularly addressed issues such as:

  • Who has the right to decide how the ownership will be treated
  • Valuation of the ownership interests at issue
  • Complex buyouts
  • Outright sale of the business as a whole

If you have concerns about the division of marital property in your upcoming divorce, then our team is ready to speak with you. Our attorneys always take a collaborative approach in our casework, so you can rest assured that your case will always receive the attention and skill it deserves.

Start the process today. Call (702) 904-9898 to speak with our compassionate and knowledgeable team.

Commonly Asked Questions

How is property divided in Henderson, NV?

In Henderson, NV, property is divided according to community property laws. This means that all assets and income accumulated during the marriage are divided equally between divorcing spouses.

What is considered community property in Henderson, NV?

Community property in Henderson, NV includes all assets, income, and debts acquired during the marriage. This can include real estate, pensions, stock options, and other financial assets.

What is considered separate property in Henderson, NV?

Separate property in Henderson, NV includes assets that each spouse independently acquired before the marriage, inheritances, personal injury awards, gifts, and any income generated from separate property.

How can I get started with the property division process in Henderson, NV?

To get started with the property division process in Henderson, NV, you can schedule a consultation with our experienced divorce lawyers. We will guide you through the process and help ensure that you receive the assets you deserve.

Helpful Resources

What Sets Our Firm Apart?

Results-Oriented Divorce Attorneys
  • One-On-One Support

    Our divorce attorneys will give you individualized attention and service. We will be personally invested in your case and in securing you the best outcome possible.

  • A Collaborative Approach

    With us, you will benefit from having a team of attorneys behind your case. You will also be joining forces with legal advocates who work well with clients, developing relationships that outlast the case.

  • Tailored Services

    Our boutique law firm has handled a wide range of family cases, and we know full well that each client needs and deserves an individualized, sophisticated strategy for their specific case.

  • Homegrown Attorneys

    Our lawyers grew up here and are dedicated helping their local community. We are also familiar with local judges and courts and know how to successfully guide clients through the legal system.

Our Testimonials

  • I can honestly say they were the most prepared, professional attorneys I have ever used. Everything that was promised was delivered on time and for a very fair price. Everyone in the firm was a pleasure to deal with and we could not be happier.
    - Don G.
  • As a retired police officer from Henderson, I highly recommend them and their legal services. I can call them and text them, they always answer my calls.
    - David K.
  • Matt Friedman and Chris Ford went above and beyond!
    - John B.
  • I couldn't be more grateful for the time spent, talks had and attention to detail that the Ford and Friedman team offered.
    - K.D.