Entries by Pence Law Firm PLLC

Why Truck Accident Cases Are More Complex Than Regular Car Accidents

Sharing the road with a massive tractor-trailer on a West Virginia highway like I-79 or I-64 can be an intimidating experience. The sheer size and weight difference between a commercial truck and a standard passenger vehicle is immense. While any motor vehicle collision can be serious, an accident involving an 18-wheeler introduces layers of complexity […]

Capital Gains Pitfalls: Tax Planning for High-Asset Divorce Settlements

A West Virginia divorce already brings profound emotional and financial challenges, but when a family’s wealth includes significant assets, the financial complexities grow exponentially. For high-net-worth individuals in West Virginia, a key concern is often how to divide assets without triggering a massive tax bill. One of the most significant and often overlooked financial hurdles […]

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 […]