Showing posts with label alimony. Show all posts
Showing posts with label alimony. Show all posts

Tuesday, October 30, 2012

Divorcing someone who has more money in Las Vegas.


My husband makes good money and I cannot be married anymore.  Divorce is inevitable.  I don't think I can afford a divorce attorney.  What can I do?

The best advice is to consult with a Las Vegas family law attorney to determine how you will survive when there is an unequal financial power between you and your spouse.  There are several remedies available under the Nevada Revised Statutes and Nevada Supreme Court Decisions.  It is important to consult with a lawyer well before you actually file for divorce so that you can plan.  

You should consider how you will live separately and independently from your spouse and how you will be able to have equal access to community resources so that you can afford a family lawyer.  You must know that this planning is critical because you cannot count on the court helping you with temporary support or alimony.  A divorce lawyer helping you before the court battle can protect your rights.  

Call for a cheap consultation on how to proceed when you ask yourself, Do I need a Las Vegas divorce lawyer?  Family law is complicated.  There are hundreds of Nevada Supreme Court decisions that may come into play and thousands of decisions around the United States.  There are also numerous Nevada Revised Statutes and Rules of Procedure that must be adhered to.  The best advice is to get a divorce attorney in Las Vegas as soon as possible.

You should never use a computer and phone that your spouse has access to while researching legal information regarding divorce online.  Your spouse cannot legally spy on you, but it happens and you may not know it.

DISCLAIMER

The information contained in this blog is for general information only and is not intended to be legal advice for any specific person or scenario.  The best advice is to always consult an attorney in order to have confidentiality and privilege.


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Wednesday, September 19, 2012

Las Vegas divorce involving property, retirement, and/or high incomes.


The courts call divorces involving retirements and high-income individuals, “high asset divorce cases,” and it is crucial to retain a qualified divorce attorney who is experienced with both family law and high-income individuals due to the complexity of the assets involved. Married couples with accumulated property and wealth are considered “high asset” when there are pensions, cars, boats, real estate, securities portfolios, business partnerships, stocks, investments and bonuses to be considered in a divorce.

After you have hired your family law attorney, it is time to consider hiring a tax accountant and financial/tax specialists.

Now that the stock market is recovering, investment accounts are rising in value, and deferred compensation is returning, high-income individuals facing divorce are again dividing assets instead of only debts.
In high asset divorce cases, issues to consider include:
·      Actual legal ownership of all property prior to divorce
·      The actual legal ownership in the event of a settlement
·      The actual legal ownership following a trial and judgment
·      The tax considerations of dividing assets
·      Worth or value of all assets
·      Security clearance for certain jobs and the consequences of divorce, debts, bankruptcies, and foreclosures
·      Community Property
·      Separate Property
·      Gifts
·      Prenuptial agreements and ante-nuptial agreements
·      Post-nuptial agreements and marital settlement agreements
·      Which of the three would be most productive: trial, mediation, or settlement negotiations

Saturday, July 28, 2012

Ex-wife's new boyfriend enjoying your alimony checks? Read!

So your ex-wife is shacking up but will not get married because the alimony that you pay her will terminate upon remarriage. You do not want to keep paying her alimony because she is getting a windfall from her boyfriend and from her alimony payment.  Also, your spousal support payment may be helping her new lover.  You want to stop paying her alimony.  Can you?


As is usually the case in family law, it depends.  Your alimony lawyer will have to examine the facts around these changed circumstances and analyze your chances at alimony modification.  You may be able to pay her less in alimony, but you should not until you have a court order modifying alimony. If you stop paying, arrears, interest, and penalties will accrue, even if you are successful at modifying the spousal support.

You may also be able to modify alimony if you are making less money than you did at the time of the decree of divorce.  

It is imperative that you consult with a family law attorney in Las Vegas to discuss these possibilities and develop a strategy to modify or terminate your spousal support payments.



REQUIRED DISCLAIMER

The information about alimony contained on this page is not intended to be legal advice about alimony.  Your alimony matter should always be evaluated by a local alimony attorney.  You should treat alimony with the seriousness it requires.  Just as you would not likely conduct surgery on yourself, you should not represent yourself in court regarding your alimony matter.  At the very least, consult with a local alimony attorney—multiple times if necessary if you insist upon representing yourself.