Tag Archives: Las Vegas Property Division Lawyer
Community Debts In Nevada
Nevada is a community property state, meaning that when couples divorce, all the property acquired during their marriage is generally split equally, with few exceptions. However, many couples forget that the couple’s debts must also be paid. It is important to keep in the debts in mind when addressing a divorce, lest your ex-spouse’s… Read More »
Unique Community Property Issues
Divorce is never easy, but in a community property state such as Nevada, it tends to be more standardized. While most states in the U.S. observe the equitable distribution model of asset division between divorcing spouses, Nevada and eight others have chosen community property as the preferred model. The differences can be significant, and… Read More »
Cohabitation And Community Property
Nevada is one of nine states that still uses the community property system of asset distribution upon divorce, which means that unlike other states where assets are evaluated and distributed according to equity principles, everything in Nevada is divided as close to equally as possible. However, in this day and age, fewer couples are… Read More »