Blog

How Income is Determined in Divorce When One Party Owns a Business: Reasonable Compensation 101

On February 3, 2020, Pecos Law Group published a blog regarding how business valuations are conducted in a divorce when a party owns a business or part of a business. As discussed, one of the approaches used to value a business is the “income approach,” which involves the future…

Pecos Law Group March 2020 Blog Infidelity, Infertility, Adoption and Other Secrets of Home DNA Tests

The Wall Street Journal recently published an interesting article on the potential unintended consequences of home DNA tests. Some people may have their DNA tested to learn of their ethnic background and others may want to insight into their health. Others may be searching for a long lost relative…

Business Valuation in Divorce: Qualifications and Approaches

You and your spouse have decided to divorce. As you start researching how the court might divide your property and how much you can expect to receive in alimony, you run into an issue. Your spouse owns his or her own business. Is that an asset? Is it income?…

DRASTIC CHANGES TO NEVADA CHILD SUPPORT LAWS BECOME EFFECTIVE FEBRUARY 1, 2020 by Jack W. Fleeman, Esq.

During its 2017 term, the Nevada State Legislature repealed several Nevada child support laws. The Legislature, however, did not adopt new laws to take the place of those statutes. Instead, the Legislature established a Committee to Review Child Support Guidelines and directed that committee to make recommendations to the…

Pecos Law Group February 2020 Blog

ARE PROCEEDS FROM A PERSONAL INJURY SETTLEMENT COMMUNITY PROPERTY?

Nevada Revised Statute 123.130 defines separate property as all property owned before marriage, and that acquired by the spouse afterwards by gift, devise, descent or by an award for personal injury damages, including rents, issues and profits. NRS 123.130(1) and (2)….

Parental Communication: Different Options for Parents

Parental communication is one of the most pressing issues many family law attorneys encounter in child custody cases. It is understandable that individuals going through a break-up would have a difficult time communicating effectively and civilly. Luckily, with recent increases in technology, there are apps available to encourage and…

The Financial Impact of Christmas

For most of those people around the world who celebrate Christmas, the holiday is synonymous with gifts, both giving and receiving. As the vast majority of gifts are purchased, the impact of Christmas spending on a nation’s economy is profound. Approximately 70% of the Gross Domestic Product (GDP) of…

Pecos Law Group January 2020 Blog

Moving Children out of State in Nevada (custody relocations)
Before the district court considers a motion to relocate, the requesting parent must show a good faith basis for the move. Where the parents have equal custody rights to their child, and the requesting parent is able to show a good…

Custody Litigation Involving Gender-Diverse Children

A custody case out of Texas has made headlines recently after Senator Ted Cruz called a Dallas mother’s support of her child’s gender identity “abuse,” prompting more than 2,000 parents and pro-LGBTQ advocates to repudiate the comments.
Case law involving the parenting of gender-diverse children is limited and has evolved…

State Bar of Nevada Annual Advance CLE Program

On December 5, 2019, State Bar of Nevada will hold its annual Advance Family Law Continuing Education program. Topics include: “Everything a Family Law Firm Should Know About Employment Law but Probably Doesn’t; “Family Court Essentials of Blockchain and Bitcoin;” “How Legalized Marijuana is Impacting Custody Litigation. Other topics…