Complex Property Division
Dividing marital assets, property, and debts can be a contentious matter in any divorce. When substantial wealth in businesses, professional partnerships or groups, real estate holdings, other investments, as well as complex financial histories are involved, property division in a Nevada divorce can escalate into a bitterly contested legal battle. During this difficult process, you will want to ensure that you receive all the legal benefits you are due in your divorce settlement. Getting experienced and trusted representation is essential early on to thoroughly prepare your case for mediation and/or trial.
The attorney team at Hofland & Tomsheck provides practical legal advice and trial advocacy in resolving your complex property division matter. We have been successfully representing Las Vegas clients in all types of complicated divorce and family law proceedings since 1997. Founding partner Brad Hofland has litigated thousands of cases in the local courts, concentrating his practice on complex civil and family law litigation. Due to his extensive experience and outstanding reputation in divorce and family law, he is often asked to represent other attorneys and former judges in their personal family law matters.
Marital Property Division in Nevada
Under state law, Nevada is a community property state. Whatever property or assets are acquired during a marriage are considered to be shared between spouses, resulting in a property division as close to 50-50 as possible. If you don’t wish to split your marital property down the middle, you and your spouse must decide on what is fair and equitable and submit it in writing to the court. If you and your spouse cannot resolve the matter, the court will decide the issue as to what is fair based on the evidence presented to it.
The Complex Aspects of High-Net-Worth Divorce
Complex property division cases are compounded by the fact that the assets and property involved must be identified and valued. This requires the use of experts, such as appraisers, forensic accountants, tax experts, and more. The value of a business may be determined in a number of ways involving complicated issues such as the intangible asset of its goodwill. Stock options, gifts, hidden assets, foreign investments, multiple real estate holdings, retirement plans and pensions, and more may all complicate the issue as well. Every aspect of your financial history will need to be identified, disclosed, and evaluated to build your case. How funds were spent between you and your spouse during your marriage, how debts were accrued and paid, what each spouse contributed to the marriage, and more may all influence a court’s decision.
Get Experienced Legal Counsel to Resolve Your Case
After years or decades of hard work or contribution to your family’s wealth, the last thing you want is to lose the property and assets to which you are entitled under Nevada law. That is why you need an experienced Las Vegas complex property division lawyer in your corner as soon as possible. At Hofland & Tomsheck, we will get the answers you need and fight for your legal benefits either through negotiation or in the courtroom. Contact us to speak with an attorney about your case in a free consultation.