Q: Hi. I have been married for 25 years and i would like a divorce. What happens financially in Nevada?
We live in Las Vegas and were married here. Thank you.
A: Nevada is a community property state, therefore all property, bank accounts, and other assets, as well as debts, acquired during the marriage are considered part of the marital estate. Both parties are automatically entitled to an equal share of the marital estate. Nevada family law courts do not entertain any rationale, fault, or blame for the dissolution of the marriage, therefore these factors do not affect the division of marital assets/finances. All other financial decisions, such as alimony or child support are determined on a case by case basis that is dependent on the various other factors of your divorce.
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