Entries by Pence Law Firm PLLC

Child Support for High-Net-Worth Families: Beyond State Guidelines

Divorce presents profound financial and emotional challenges for any family. When affluent parents with substantial assets and complex income streams decide to separate, the issue of child support moves beyond simple formulas into a more nuanced and demanding arena. In West Virginia, as in many states, standard child support guidelines are designed for families with […]

Tokenized Real Estate and Fractional Ownership: The New Frontier in Property Division

Divorce can be a complex process, particularly when it involves significant or unconventional assets. As technology advances, new forms of property ownership emerge, bringing both opportunities and challenges to the realm of asset division. One such development is tokenized real estate and fractional ownership, which is reshaping how individuals invest in and possess property. What […]

Premarital Wealth Transfer Planning: Beyond Basic Prenuptial Agreements

Marriage marks a significant life transition, bringing together not just two individuals but often their financial futures. For those entering marriage with substantial assets, complex financial portfolios, or family inheritances, the conversations around premarital wealth transfer planning extend far beyond the scope of a basic prenuptial agreement. In West Virginia, a thoughtful and detailed approach […]

Family Business Succession Planning Amid Divorce: Preserving Generational Wealth Despite Marital Dissolution

Divorce is a profound challenge for any family, but when a family business is part of the equation, the complexities multiply. A family business is often more than just a financial asset; it represents a legacy, years of dedication, and the collective effort of a family. Navigating a divorce while simultaneously safeguarding your business’s future […]

Cryptocurrency Portfolio Division: Legal Framework and Forensic Tracing Methods

Cryptocurrencies like Bitcoin and Ethereum are increasingly part of financial planning, making their division in legal contexts like divorce and estate settlement a growing concern, especially for West Virginia residents. Navigating Cryptocurrency Portfolio Division in West Virginia demands understanding both the state’s legal framework and advanced methods for identifying and valuing these digital assets. Cryptocurrency, […]

What Are the Four A’s That Usually Cause a Divorce?

West Virginia couples are no strangers to the challenges that come with a divorce. It’s important to understand the common reasons that lead couples to this point—it can help couples avoid common pitfalls, and when divorce is on the table, it can help both parties know when it’s time to be done. As you learn […]

How Much of My Income Will I Lose in My Divorce?

Divorce can be a major life change, and most people to worry about their finances during this time. One of the most pressing concerns is how much of your income you might lose, especially if you are the breadwinner of the family and your spouse brings in little or no income. Before you panic and […]