When substantial assets are involved, divorce proceedings can be complex, challenging and highly contentious. One spouse may hide assets, which impacts the equitable division of property. However, hiding assets during a divorce is unethical and illegal, as it can...
High-Asset Divorce
Who drafts the QDRO in a high-asset divorce?
Property division can be a major hurdle when preparing for divorce, especially when couples share resources that they may need to rely on in the future, like retirement savings. The longer couples remain married and the more they earn during a marriage, the greater...
Social Security retirement benefits for divorced spouses
Divorced spouses in West Virginia and around the country who did not work while they were married or earned modest incomes are eligible to receive Social Security retirement benefits based on their former husband or wives’ contributions as long as their marriages...
Protect yourself with a prenuptial agreement
It can make some couples in West Virginia uncomfortable to discuss a prenuptial agreement. However, having meaningful financial discussions with the person you plan to spend the rest of your life with can prevent problems and strengthen your relationship. Here are a...
What should a high-asset divorce lawyer know?
Divorce isn’t an easy process in the state of West Virginia. This is much more so the case when you are wealthy and have a lot of assets at stake. The question of which spouse gets which asset is typically a point of contention. No-fault divorce West Virginia is a...
How divorce can impact a woman’s financial health
Divorce is a challenging process for any West Virginia couple. A breakup can affect people for years down the road. The financial security of women can be especially vulnerable after a divorce. Equitable distribution and liquid assets The West Virginia family law...
How to protect your business in a divorce
Divorces present major problems for couples in West Virginia who also operate a business. Successful business owners commonly want to continue their operation, but in a different ownership structure. This means that proactive steps must be taken in some manner,...
Divorce and your medical practice
West Virginia divorces that involve medical practices as a marital asset will involve challenging the financial representation of the other party, so there is an inherent level of confrontation in the experience. But that's no reason to back down from your entitled...
How is a high-asset divorce different from a typical divorce?
A marriage can end for many reasons. Some divorcing couples in West Virginia feel even more stressed out if they're in a high-asset divorce. This type of divorce happens when one or more parties in a marriage own a significant amount of money or other types of assets....
When is rehabilitative spousal support allowed in WV?
When a West Virginia couple decides to dissolve their marriage, alimony, or financial support for the dependent spouse, is often granted by the family law court to reduce or prevent financial difficulty for one spouse while allowing the breadwinning spouse to keep...