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Unique Challenges in Preparing Prenuptial Agreement For Professional Athletes

Many professional athletes have no idea what they are going to do with their lives after their career is over.  While some have their “celebrity” as value that may enable them to earn a living, many have nothing.  This makes financial planning, and even marriage planning, critical for athletes…

Shann D. Winesett Becomes Certified Family Law Specialist

Pecos Law Group is pleased to announce that Attorney Shann D. Winesett is now certified as a Family Law Specialist with the State Bar of Nevada. Mr. Winesett joins a small group of Nevada attorneys who has met the qualifications for family law specialization and passed the exam.

Mr….

Social Security Benefits and Divorce

Divorcing parties often asked about Social Security benefits when they are divorcing.  It is important to for divorcing parties to understand the Social Security is federal law, which preempts state law.  In states like Nevada, which presumes property acquired during marriage is “community property, this is not accurate with…

Can we file paperwork ourselves?

One of the common questions asked by people who are either involved in litigation or anticipate they will be involved in litigation is “Can we file the paperwork ourselves?” The short answer to that question is YES.   It is not, however, recommended unless your divorce…

Withdraw Funds From Your 401(k) Without Penalty

We are offering a relatively new legal service that may be of interest to your clients. Because of the early withdrawal penalty, retirement funds can, at times, become trapped in an under-performing 401(k).  In such cases, an intra-marriage qualified domestic relations order can be used to remove the funds…

Alimony and Retirement

Divorcing later in life has unique challenges, including retirement. At what age may a divorcing party retire?  Does a party want to retire for the sole purpose of not paying the other spouse alimony?  Does the party plan to go back to work after the divorce?  Did the parties…

FQ

Featured Question: How Do I Save Money On My Las Vegas Divorce?

A common question we would often receive when representing clients would concern saving money during the course of your Las Vegas Divorce. Often times the mood and flow of your divorce can be an emotional rollercoaster as each…

Retiring as a “Four Percenter” Can Effectively Manage a Marital Estate

A common and recurring theme in retirement planning is the “4 percent” rule of thumb on post-retirement spending. That rule suggests that retirees who restrict their annual expenditures to only 4% of their invested nest egg, adjusted for inflation, can ride their retirement savings for their remainder of their…

Proposed Changes to Fast Track Custody Case Rules

I. THE CURRENT FAST TRACK RULES.

As currently enacted, NRAP 3E(d)(1) provides that within 40 days after the Supreme Court approves the settlement conference report indicating that the parties were unable to settle the case or, if the appeal is removed or exempted from the settlement program, within 40 days…

Why Professional Athletes Should Have Prenuptial Agreements

Almost one-half of marriages in the United States end up in divorce. It is far easier identify potential problems in a future marriage, or address the issues in a future divorce, in a prenuptial agreement, than at the time of divorce.  If you and your prospective spouse cannot agree…