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Pence Law Firm PLLC

About Pence Law Firm PLLC

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Entries by Pence Law Firm PLLC

Future Medical Expenses: How They Are Calculated in West Virginia Accident Injury Settlements

September 4, 2025/by Pence Law Firm PLLC

Dealing with the aftermath of a personal injury in West Virginia can be overwhelming. Beyond the immediate pain and disruption, many accident victims face a daunting question: how will I pay for my medical care in the future? These future medical expenses are a significant part of any personal injury settlement, covering costs that extend […]

Divorcing an Entrepreneur: Valuation Challenges During Different Business Growth Stages

September 4, 2025/by Pence Law Firm PLLC

A divorce is rarely a simple process, but when one or both spouses are entrepreneurs, the financial intricacies can feel overwhelming. A business is more than a line item on a balance sheet; it often represents a life’s work, a source of identity, and the financial engine for the family’s future. When a marriage dissolves, […]

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

September 4, 2025/by Pence Law Firm PLLC

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

August 6, 2025/by Pence Law Firm PLLC

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

August 6, 2025/by Pence Law Firm PLLC

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

August 6, 2025/by Pence Law Firm PLLC

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 […]

Medical Practice Divorces: Navigating Patient Relationships, Specialized Equipment, and Insurance Contracts

July 9, 2025/by Pence Law Firm PLLC

The path of dissolving a marriage is rarely straightforward, but when a medical practice is a central component of the marital estate, the journey becomes significantly more layered. For physicians and their spouses in West Virginia, a divorce involving a medical practice demands meticulous attention to detail, a firm grasp of state law, and a […]

Cryptocurrency Portfolio Division: Legal Framework and Forensic Tracing Methods

July 9, 2025/by Pence Law Firm PLLC

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?

June 11, 2025/by Pence Law Firm PLLC

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?

June 11, 2025/by Pence Law Firm PLLC

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 […]

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