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Pence Law Firm PLLC

About Pence Law Firm PLLC

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Entries by Pence Law Firm PLLC

Are Non-Custodial Parents Responsible for College Tuition in West Virginia?

May 17, 2024/by Pence Law Firm PLLC

There’s no shortage of challenges in a West Virginia divorce, and for many couples, children’s college funding is a source of contention. College expenses have increased dramatically in recent years, far outpacing income growth and making college inaccessible for a growing number of college students. It’s important, then, for couples to decide early on how […]

Are Stock Options Marital Property in a West Virginia Divorce?

May 14, 2024/by Pence Law Firm PLLC

Divorce can be an incredibly complex and mentally demanding process. If you’re going through a high-asset divorce, you may also be struggling with the division of complex and valuable assets. In particular, stock options awarded as part of one spouse’s employment or their role as an executive officer can be difficult to divide fairly. If […]

Navigating the Emotional and Financial Challenges of a High-Asset Divorce

May 4, 2024/by Pence Law Firm PLLC

People often assume that having more money makes every aspect of life easier. While it can definitely take the edge off of certain problems, it can become a significant liability during divorce. High-asset divorces tend to be much more time-consuming than standard divorces, simply because there is so much to fight over and divide fairly. […]

The Growing Issue of Cryptocurrency During a Divorce

April 19, 2024/by Pence Law Firm PLLC

While cryptocurrency has brought an entirely new group of investors to the world of finance and provided new investment opportunities, it has also made a number of issues more complicated. In particular, divorce can be especially challenging when one party invests a substantial amount of money in cryptocurrency. Cryptocurrency is naturally harder to track than […]

The Role of a Forensic Accountant in a High Asset Divorce

April 14, 2024/by Pence Law Firm PLLC

High-asset divorces are considerably more complicated than standard divorces. The more money and assets a couple brings to the table, the more work it generally is to sort them out fairly. It’s particularly complicated when there are numerous income streams that are difficult to track, hidden assets, and assets that fluctuate significantly in value. That’s […]

Viewing Divorce as a Growth Experience

April 5, 2024/by Pence Law Firm PLLC

No one gets married with a plan to divorce in the back of their mind, but divorce is the reality for nearly half of all American couples. While it’s normal to grieve the end of your marriage and the dreams you had for it, divorce can also be a fresh new beginning. Many people give […]

Should I Agree to Pay Above the Child Support Guidelines?

March 31, 2024/by Pence Law Firm PLLC

It’s no secret that children are expensive, and when a West Virginia couple divorces, the higher-earning party often has to chip in more to ensure that their children’s needs are met. But what if the child support guidelines laid out by the state still don’t meet the child’s needs? If you’re considering paying above and […]

Coping With Lifestyle Adjustments After a High Asset Divorce

March 29, 2024/by Pence Law Firm PLLC

Adjusting to life after divorce is difficult under the best circumstances—and when you’re transitioning out of a life where you became accustomed to substantial assets, it’s even more challenging. If you’re preparing for your next step in life but the transition is bumpier than expected, there are things you can do to help yourself through […]

Divorce and Its Impact on Shared Real Estate Investments

March 25, 2024/by Pence Law Firm PLLC

While divorce is never easy, additional assets and income streams can further complicate this already stressful time. If you and your spouse have shared real estate investments, be prepared for a long and drawn-out division of assets. Real estate is incredibly valuable, and figuring out how to divide it fairly takes time, patience, and often […]

How Inheritances Impact Alimony Payments

March 25, 2024/by Pence Law Firm PLLC

In West Virginia, the number of factors affecting spousal support can make it hard for parties on both sides to understand their rights and obligations. This issue becomes even more complicated when you throw an inheritance into the equation. Whether you receive or pay spousal support, find out how an inheritance could change your current […]

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