Las Vegas High Net Worth Divorce Lawyers
Asset Protection For Complex High Net Worth Divorce in Nevada
Even the most basic divorce can still be a complex process, made more difficult by painful emotions and intense court proceedings. If high-value assets are also present, the situation only becomes that much harder. Businesses, multiple real estate holdings, investments: How will these assets be divided? Will you need to sell anything prior to the divorce? If the business is jointly owned, will you need to close its doors?
Ford & Friedman maintains a network of established experts and legal consultants who address these questions on a regular basis. When you work with our Henderson high net worth divorce attorneys, you work with our network, ensuring that your entire marital estate is properly scrutinized and evaluated during your divorce proceeding.
Place your high net worth divorce in trusted hands. Contact our offices today to schedule a confidential and no-obligation consultation with our team.
How Is a High-Asset Divorce Different?
Although each divorce has its own set of obstacles, high-asset divorces tend to be more complex than most. When a couple shares a large number of properties or funds in their marriage, the division of those assets in a divorce can become complicated and may take longer to handle. If you have a large amount of individual or shared assets in your marriage, make sure you deal with your high-asset divorce correctly.
When you are facing a high-asset divorce, you must act to protect your properties and investments. In order to do this, it is important to always review any documents or agreements before assenting to anything. Even if your spouse and you are on good terms, it is important to act defensively and error on the side of caution. Rather than agreeing to anything immediately, have your attorney review and analyze any settlement offers or negotiations you receive.
To better guard your assets, consider hiring a financial investigator or other experts who specialize in recovering hidden assets. These types of specialists can help evaluate your financial situation, as well as that of your spouse, and can help disentangle complicated financial circumstances. If you have a large number of properties, investments, businesses, or funds, it is important that you ensure your own assets are protected. This can make asset property division negotiations much faster and simpler.
Is Nevada a Community Property State?
Nevada is a community property state. Under community property laws, all income earned and property acquired during a marriage is community property, meaning it belongs equally to both spouses. The only exceptions to this rule are items that are explicitly separate property such as gifts or inheritance.
The court splits community property equally (50/50) between spouses during a divorce. This includes both assets and liabilities.
It's important to note that separate property can transform into separate property over time. For example, let's say you buy a house on your own before you get married. Now, suppose your partner pays for an addition to the house after you get married. If the addition meaningfully increases the home's value, it may transform into community property since, at that point, both spouses have contributed to the property.
What Do Courts Consider in a Property Division Case?
Courts take a variety of factors into account when handling property division cases, including:
- The earning potential of both spouses,
- How other aspects of the divorce process (alimony, child support, etc.) may affect each spouse's earnings,
- How each spouse contributed to the marriage,
- Each spouse's future health and finances.
Courts have a large amount of leeway in property division cases, which is why it's so important to have an attorney who will fight for your rights. Having a good property division lawyer by your side is particularly vital in high-asset divorces, where property can be worth a significant amount, and the outcome of your property division dispute can have a considerable impact on your life and financial stability.
The Ford & Friedman Staff
What Sets Our Firm Apart?
Results-Oriented Divorce Attorneys
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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.
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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.
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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.
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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.
Real Clients. Real Results.
Hear from those we’ve helped when it mattered most.
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"Justice Prevailed"
If you have to go through a divorce this is the attorney you would want to have! 5-star service. -
"Prepared and Professional"
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. -
"Highly Recommend"
Matt Friedman and Chris Ford went above and beyond!- John B. -
"Attentive and Patient"
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. -
"Answers Any and Every Question"
Chris was very helpful with my situation explaining things to me and answering any and every question I had. Being a single father I wasn't sure of my rights but he was very helpful and explained everything to me and made sure to give me every side of thin- Camaron R. -
"Extensive Amount of Law Knowledge"
Matt is a phenomenal divorce lawyer and was exceptional throughout my difficult situation. Matt was whole-heartedly concerned, supportive, and accommodating. Mr. Friedman has an extensive amount of law knowledge and continually assisted in deriving a plan- Wendy Z.