Pecos Law Group February 2020 Blog
ARE PROCEEDS FROM A PERSONAL INJURY SETTLEMENT COMMUNITY PROPERTY? Nevada Revised Statute 123.130 defines separate property as all property owned before marriage, and that acquired by the spouse afterwards by gift, devise, descent or by an award for personal injury damages, including rents, issues and profits. NRS 123.130(1) and (2). This definition, however, is not as simple as it may…