Las Vegas Property Division Lawyers
In a community property state like Nevada, marital property, assets and debts are divided 50/50. For people experiencing the end of a marriage, this means that in most situations financial considerations will be treated equally. You should always be forthcoming about your assets during a divorce — being untruthful or hiding assets will hurt you. The Dickerson Law Group understands the stress and uncertainty that can occur when assets are being divided. Our firm is here to help you through this and fight for a fair property settlement.
Talk to an attorney today about community property division. Call The Dickerson Law Group at 702-487-7643 or toll free at 888-701-7132 to arrange your consultation. Or, contact us online and someone will be in touch with you promptly. We can arrange an appointment during regular business hours to accommodate your schedule.
Read more about Nevada's property division laws.
What is community property? What is separate property?
Community property includes all property, assets and debts that were obtained throughout the marriage. The marital home, vehicles, real estate property, artwork, bank accounts, businesses, pension plans, military retirement and more are assets subject to division. Credit card debt and other types of debt are also subject to division. Separate property includes assets you owned prior to marriage, inheritances, personal gifts and personal injury awards compensating for pain and suffering. A prenuptial or postnuptial agreement may effect property division. An attorney from our firm will discuss with you the nature of your property and advocate for the best outcome on your behalf.
Does fault play a role in property division?
Generally, fault does not play a role in how community property is divided. However, there is a concept called "community waste" that may be considered. Community waste can include gambling debts or monies that served to fund an extramarital affair. The Dickerson Law Group has extensive experience with virtually all types of financial considerations that must be made as property is divided.
Unlike in other states, your divorce is finalized on the date your decree of divorce is entered. This is also the date which ends the community.
We are happy to talk to you about your questions and concerns. Contact our firm to arrange your consultation.
