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...
High-Asset Divorce
How Do Hidden Assets Affect Property Division?
When you and your spouse decided to divorce, you might have assumed you would both treat the process with honesty and transparency. Your spouse, though, may be playing hardball and is trying to win your divorce by all possible means. You may suspect that they are...
Your business will take center stage in the divorce process
For many divorcing couples, the family home is the number one asset in terms of property division. However, if you are a business owner, your company will likely take that spot.Here are three basic options to consider in determining the fate of your business. 1....
How to manage your finances after a divorce
Nevada has one of the highest divorce rates in the United States. According to data collected in 2018, if you live in Yerington, Carlin or Fallon, then you may have an increased risk of divorcing, as those cities have the highest rates in the state. Going through...
When might a forensic accountant help in a divorce case?
While divorcing your spouse can bring with it a near-endless stream of emotions, a divorce, once you take emotions out of the equation, involves dividing your shared assets and debts so you can begin to create a life on your own. Some couples who had short marriages...
What happens to home equity when you divorce?
While, when you are involved in a divorce, you may find that your emotions are all over the place, there are still certain matters you will have to work through before you can begin to rebuild and adjust to life on your own. For many couples, this means determining...
Bitcoin: a new way for spouses to hide assets
If you are going through a high-asset Nevada divorce, you may suspect that your spouse is hiding assets from you in an attempt to skew the property division. Hiding assets before or during a divorce is nothing new, and thanks to Bitcoin and other cryptocurrencies, it...
4 tactics your spouse may use to hide assets
Are you getting a divorce soon? If so, you may have concerns about the property division process. You should be aware that your spouse may try to hide assets to avoid fairly distributing assets. The law requires your spouse to disclose all assets during the divorce...