When divorcing couples in Nevada and around the country negotiate the division of marital property, the discussions often become heated and contentious. This is especially true when the assets being divided include artwork collections that were amassed slowly and...
High-Asset Divorce
Understanding the importance of business valuation during divorce
Divorce marks a turning point in life, and the stakes are even higher when the divorcing couple owns a business. As a couple negotiates the distribution of assets, the valuation of any jointly owned business becomes a critical factor. The role of business valuation in...
How cryptocurrency could affect your property settlement
Though cryptocurrency has entered the mainstream of investing, it is still mysterious to many Americans. To someone only casually familiar with Bitcoin, Ethereum and other cryptocurrencies, it is not always clear what exactly you're investing in. Also, the industry is...
The role of experts in a high asset divorce
It is not uncommon for a couple to amass significant assets over the years and decades of a marriage. When they decide to divorce, however, dividing these complex assets can quickly become a challenging undertaking. In all likelihood, the proceedings could require the...
Do you need a forensic accountant to help with your divorce?
When divorces involve high-value assets and significant sums of money, the stakes of a split are high. Parties often need the help of outside professionals, like forensic accountants. If considerable money or property is involved in your divorce, you may benefit from...
Look out for your spouse’s attempts to hide assets before a divorce
Sometimes, when divorce is on the horizon and seems inevitable, individuals will take steps to conceal some of their wealth, in the hopes that the court will not be able to divide that wealth with their spouse. Hidden assets are a problem that is most common in...
Three tips to help maintain lifestyle after divorce
Those accustomed to a certain lifestyle may have concerns that a divorce could have a negative impact on their ability to continue life as they know it. The creature comforts quickly become important, and it may be necessary to take steps to protect those amenities...
How cryptocurrency can complicate your divorce
A few days separated two recent Forbes headlines about volatile cryptocurrency: “Crypto Price Prediction: Bitcoin Could Hit $100,000 In 2021 But This Bank Sees Ethereum Soaring 10-Fold,” said the publication on Sept. 20. By Sept. 24, a bucket of ice water had been...
Learning from the Gates’ divorce
A divorce can be stressful even under the best circumstances for Las Vegas couples. But those that involve multiple assets worth large amounts of money can be challenging as well. Recently, Bill and Melinda Gates made headlines when they announced that they were...
Common hidden assets in a divorce
High-net-worth divorces in Nevada often involve complex property division issues. In some cases, a spouse will try to hide assets to keep the other spouse from getting their fair share of the marital assets in the divorce. Understanding the most common types of assets...