Property Division
Pursuing fairness in divorce matters
Las Vegas Property Division Lawyer
Divorce is one of the most stressful and difficult decisions that a person can face. Whether you are the one filing for divorce or are being served with divorce papers, you may be feeling a great deal of anxiety and fear. You may be worried about how you will be able to provide for yourself and your family, and you may be afraid about how your life will change. If you are planning to file for divorce in Nevada, you may be concerned about how property division will affect your situation.
At Gary Huntsman Law, we understand that property division is a crucial part of your divorce. Our family lawyers know that you may have questions and concerns about how property will be divided, and how this will affect your future. We are here to help ease your worries by offering compassionate and personalized legal services. We are committed to pursuing fairness in all of our cases.
What Is Property Division in a Nevada Divorce?
When a couple decides to get a divorce, one of the most important decisions that they will make is how to divide their property. Property division refers to the process of deciding how to distribute property between the divorcing couple. This includes everything from the couple’s house to their bank accounts, cars, personal items, and more.
Equitable Division
Equitable division refers to a division of property that is deemed fair by the court. This can include an arrangement that is not 50/50, but is more in the interest of the couple and their children.
Properties are divided in an equitable manner, which means that the court will divide it in a fair and reasonable manner based on relevant factors.
Commingled Asset
In some cases, the court can order a commingled asset to be divided according to percentages. This means that the court can order the asset to be separated and then divided based on a percentage. This can apply to bank accounts, retirement accounts, and more.
PRACTICE AREAS
How Is Property Divided in a Divorce?
There are no hard and fast rules for property division in a divorce. Each case is unique, and the court will make the decision based on relevant factors.
Some of these factors include:
- The duration of the marriage
- The financial situations of the couple
- The contribution of each spouse to the acquisition of property
- The value of the property
- The needs of the couple and their children
- The debts of the couple
The court will determine an equitable division based on these considerations. When deciding on an equitable division, the court will consider the facts of the case and make a decision that is fair for both parties. This can mean a 50/50 split of all property, but it does not have to be an exact 50/50 split.
Why Gary Huntsman Law?
If you are filing for divorce in Nevada, you may have questions and concerns about how property will be divided. We understand that property division can be a crucial part of your divorce. At Gary Huntsman Law, we are committed to offering personalized legal services that are tailored to your needs and situation. We can help you pursue fairness in all of your cases.
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