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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…

Negotiate a Potential Divorce Before Marriage Through a Prenuptial Agreement

If you believe it is difficult negotiating the terms of a prenuptial agreement in anticipation of marriage, just think how difficult it would be during a stressful divorce. Would you start a business with someone without having a written agreement as to how the business will operate and dissolve,…

When May You Deduct Legal Fees Relating To Your Divorce Action?

We are often asked by our clients how legal fees in connection with a divorce are treated for tax purposes.  Although we do not provide tax advice, and we certainly are not tax experts, there are some general issues you should discuss with your Certified Public Accountant (“CPA”) or…

When Does An Engagement Ring Have To Be Returned?

Often in a divorce action, an engagement will be at dispute. Sometimes the ring is a family heirloom and the recipient does not wish to return it.  An engagement ring, however, is a gift to which a condition subsequent, the fulfillment of the marriage agreement, is attached.  As such,…

The National Trend Is Enforcement of Prenuptial Agreements

Recent court decisions around the nation suggest that a properly drafted prenuptial agreement will likely be enforced. Although no prenuptial agreement can possibly address every possible issue, nor can an attorney insure its enforceability, Nevada cases as well as those around the country suggested if the prenuptial agreement is…