Monday, November 3, 2014

Can marital assets such as participation in an LLC be divided without a divorce through some sort of agreement?

Question

Can marital assets such as participation in an LLC be divided without a divorce through some sort of agreement?



Answer

Nevada agreements made between couples after marriage fall into two general categories: (1) postnuptial agreements; and (2) separation agreements (also sometimes called property settlements, marital settlements, or marital termination agreements). Assuming the LLC articles otherwise permit an alteration of ownership rights in the company, a divorce would not be required.

Your attorney can advise further.



Answer

Simple answer: yes.



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