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Pence Law Firm PLLC

About Pence Law Firm PLLC

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Entries by Pence Law Firm PLLC

Dividing a Variable Annuity in a West Virginia Divorce Settlement

July 28, 2024/by Pence Law Firm PLLC

When going through a West Virginia divorce, dividing assets can be a complex and challenging part of the process. One particular asset that may need to be divided is a variable annuity. In this blog post, we will discuss what variable annuities are, how they are valued, and the steps involved in dividing them during […]

How Do I Divorce My Military Spouse Who Is Stationed Overseas?

July 17, 2024/by Pence Law Firm PLLC

Going through a divorce is never easy, and when your spouse is serving in the military and stationed overseas, the process can become even more complex. Military divorce involves unique legal considerations, and navigating the intricacies of international laws and military regulations can be overwhelming. It’s important to work with an attorney with experience in […]

Navigating the Division of Rare and Valuable Collectibles in High Asset Divorces

July 6, 2024/by Pence Law Firm PLLC

Divorce is undoubtedly one of the hardest things you’ll go through, and when valuable assets are involved, it can become even more complex. One of the key aspects of a divorce settlement is the division of assets, including any rare and valuable collectibles that you and your spouse may have accumulated over the years. Unfortunately, […]

Protecting Your Venture Capital Interests in High Asset Divorces

June 18, 2024/by Pence Law Firm PLLC

High-asset divorces come with a variety of unexpected challenges and hurdles that other couples don’t have to handle. Generally, the more money a couple has, the harder it is to split up their assets when they divorce. While a couple of standard means may have retirement accounts, a couple of bank accounts, and a family […]

Does Child Support Cover Your Kid’s Extracurricular Activities?

June 12, 2024/by Pence Law Firm PLLC

Raising a child is expensive. Even when you use secondhand kids’ items, choose hand-me-down clothes, and use other resources available to you, raising a child to adulthood costs hundreds of thousands of dollars. When you add in extracurricular activities, the bill gets even higher. This raises the question: how are extracurricular activities handled when it […]

Can I Move Out of the Area with My Child After a West Virginia Divorce?

June 10, 2024/by Pence Law Firm PLLC

Divorce brings significant changes in every area of life, and for many, relocation is a necessary transition. But when relocation occurs after a divorce, you have to go through additional legal steps to ensure that you can move with your child. As is the case with any court case that involves children, West Virginia courts […]

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 […]

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