Entries by Pence Law Firm PLLC

Professional Goodwill vs. Enterprise Goodwill: Distinguishing Personal from Business Value During Divorce

The legal dissolution of a marriage often brings complex financial questions to the surface, particularly when a family business or professional practice is involved. For many business owners in West Virginia, the company is not just a source of income; it represents decades of hard work, late nights, and personal sacrifice. When a divorce filing […]

Gray Divorce Among the Wealthy: Special Considerations for Late-Life High-Asset Divorces

The vision of retirement often involves travel, relaxation, and time spent with grandchildren. For decades, couples work toward this shared horizon, building wealth and accumulating assets to support their golden years. However, life does not always follow a linear path. When a marriage ends later in life—a phenomenon often called “gray divorce”—the financial and emotional […]

Stock Portfolio Rebalancing After Divorce: Avoiding Wash-Sale Rules

A divorce decree marks the legal end of a marriage, but it is the beginning of a new, separate financial life. The division of assets, painstakingly negotiated or court-ordered, leaves each individual with a collection of assets. When those assets include a significant investment portfolio, the work is far from over. How Are Financial Assets […]

Cryptocurrency Holdings in a West Virginia Divorce: Tracing, Valuing, and Dividing Digital Assets

The landscape of modern finance is evolving, and with it, the complexities of divorce. For many years, assets like real estate, investment portfolios, and retirement accounts formed the backbone of marital estates. Today, however, a new and often elusive category of wealth has emerged: cryptocurrency. When a marriage dissolves in West Virginia, untangling a couple’s […]

What Percentage of West Virginia Personal Injury Cases go to Trial?

The moments following a serious accident are filled with uncertainty. Amid the physical pain, medical appointments, and mounting bills, another concern often weighs heavily on the minds of the injured: the legal process. The image of a tense courtroom drama, with pointed questions from opposing lawyers and a jury watching your every move, is a […]

Post-Nups on the Rise: Updating Agreements as Wealth Grows

Marriage is a partnership built on shared values and mutual trust. When we say “I do,” most of us aren’t thinking about the possibility of divorce or the need to plan for financial what-ifs. Yet, for many couples, especially those whose financial lives have changed dramatically since their wedding day, a postnuptial agreement has become […]

Why Truck Driver Distraction Is on the Rise in West Virginia

Driving alongside a massive tractor-trailer on I-79 near Charleston or navigating the winding turns of Route 50 can be an intimidating experience. You place your trust in the hands of the professional operator in the cab next to you, assuming they are giving their full attention to the road. Yet, a hazardous trend is putting […]