Gray Divorce Financial Specialist
Casino pensions, retirement accounts, real estate — Nevada's 50/50 split requires expertise. This guide shows you what to protect.
Leanne Ozaine, CDFA® & CFP® | Specializing in gray divorce for 50+
Turn Panic Into Power — $97Q: How does Nevada's 50/50 community property split work in Las Vegas divorces?
Under Nevada community property law, ALL assets acquired during marriage are automatically divided 50/50—mathematically equal split, not "fair" like equitable distribution states. This includes California home sale proceeds if you relocated after marriage, Summerlin/Henderson properties purchased during marriage, retirement accounts accumulated while married, and casino union pensions. At 60+, dividing a $500K Summerlin home means each spouse receives exactly $250K equity—no judicial discretion, no negotiation of percentages, strict 50/50.
Q: What happens to the California home sale proceeds we banked after moving to Vegas?
If you sold a California home during marriage and relocated to Las Vegas, those proceeds are community property divided 50/50 in Nevada divorce. Example: Sold California home for $1.2M, bought Las Vegas home for $500K, banked $700K difference. That $700K is community property split equally: $350K each. Many California refugees are shocked to discover the "tax savings nest egg" they built gets divided 50/50, even if one spouse drove the relocation decision or the other spouse wanted to stay in California.
Q: Can I afford Las Vegas after divorce at 60+ on retirement income?
Las Vegas is highly affordable: median homes $400K-$450K, many active adult communities (Sun City Summerlin) $300K-$400K. Annual costs: property taxes ($3K-$4K low Nevada rates), HOA ($2K-$4K active adult), insurance ($1.5K), utilities ($3K-$4K desert AC), maintenance ($4K-$6K) = $35K-$50K/year. At 60+ on retirement income ($60K-$80K), solo Las Vegas living is very achievable. Nevada's zero income tax means retirement dollars stretch 10-15% further than California/high-tax states.
Q: Should I stay in Las Vegas after divorce or relocate back to California at 60+?
Many 60+ Las Vegas divorcees consider relocating back to California to be near adult children/grandchildren. However, financial reality is brutal: California income tax (10.9% on retirement) costs $8K-$12K+ annually on $80K-$120K retirement income, California housing costs 100-200% more than Vegas, California property taxes 2-3x Nevada. At 60+ with 25-year retirement ahead, relocating to California costs $300K-$500K+ vs. staying in tax-free Nevada. Can you afford to sacrifice financial security for proximity to family?
If you're over 50 and facing divorce in Las Vegas, custody battles aren't your concern—your children are grown. Instead, you're dividing Las Vegas real estate, retirement accounts saved tax-free, and assets under Nevada's community property with ZERO state income tax.
Many Las Vegas 50+ residents relocated from California specifically to escape 10.9% state income tax and enjoy tax-free retirement in master-planned communities like Summerlin and Henderson.
Here's what nobody tells you: A "fair" settlement can still leave you struggling.
50/50 sounds equal. But if you take the house and your spouse takes the 401(k), only one of you has retirement income. A pension isn't cash. Tax treatment turns "half" into 40% or 60% depending on which half you take.
Your lawyer knows the law. They don't know what you'll live on for the next 30 years.
Most people sign their settlement while still in emotional shock. The brain is in survival mode — the prefrontal cortex that makes rational decisions is literally offline. By the time the fog lifts, the settlement is final.
You need someone whose only job is protecting your financial future — not billable hours, not legal posturing. Someone who can show you exactly what different settlement scenarios mean for your life 5, 10, 25 years from now.
Las Vegas attracts massive California migration:
Tax savings example: Retiree with $100K annual retirement income saves $10,900/year in state taxes vs. California!
Las Vegas features world-class master-planned communities:
Homes purchased during marriage are community property divided 50/50.
Many Las Vegas residents work(ed) in hospitality:
Retirement accounts accumulated during marriage divided 50/50.
Can you afford Las Vegas solo? Las Vegas is affordable: median homes $400K-$450K, no state income tax means retirement dollars stretch further. Many 50+ clients can keep their Las Vegas home on one income.
Nevada tax advantage: Zero income tax on retirement withdrawals, Social Security, pensions saves massive amounts vs. California (10.9%) or other high-tax states.
The 5-step system that shows you what you'll actually live on, so you stop guessing and start knowing.
Calculate your real post-divorce income — including spousal support, assets, and earning potential — so you negotiate from facts, not fear.
Document gathering checklists tell you exactly what to bring to your attorney — so you walk in prepared, not panicked.
Map out your real expenses as a single person — before you fight for something you can't actually maintain.
The asset identification system helps you find accounts and property you might not even know exist.
22-page guide + video tutorials + checklists + templates
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Get the Clarity You Need — $97Whether you relocated from California years ago or you're learning about community property, we provide the guidance you need.
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