Property and Debt Division in Las Vegas

Las Vegas Divorce Lawyer

Property and debt division is an issue that may come up in a divorce or legal separation in Las Vegas. When these issues arise, having an experienced legal professional on your side may make a big difference in your ability to reach an outcome that is in your best interests financially, now and in the long run. A Las Vegas property division lawyer can discuss the particular situation with you to determine how your property, assets and debt may be affected by an uncontested divorce, contested divorce or legal separation.

Your initial consultation with an attorney at our law offices is free and confidential. This will be your opportunity to get specific information about this particular topic, enabling you to make informed choices moving forward.

Why a Property Division Attorney

Nevada is a community property state when it comes to property division in a divorce or separation. If spouses cannot agree upon the division of assets and liabilities, the court will rule upon the matter by equally dividing these. However, there are certain situations where the court may find it necessary to unequally divide property or debt based upon substantially compelling reasons.

Although equal property division typically applies in a Las Vegas divorce, it will be necessary to address what property should be considered "separate" and what should be considered "marital property." Particularly in high asset cases, this can be complex. An attorney can assist you in addressing these and any other issues related to your divorce by working with professionals in accounting, business valuation, real estate appraisal and related fields to properly determine the value of property and assets as well as the proper designation of this property.