Free Tool ยท Property Division ยท Nevada Family Law
Nevada Divorce Property Division Worksheet
Preparing for a divorce involves more than just emotional readiness; it requires financial clarity. Nevada is a community property state, which means the assets and debts you acquired during your marriage are generally owned equally by both spouses. This Nevada property division worksheet mirrors the Marital Balance Sheet format used in real Nevada divorce cases: enter each item's value and any debt attached to it, choose who keeps it, and the community estate, the 50/50 split, and the equalization payment calculate live below. Prefer to work offline? Download the Excel version and go at your own pace.
Nothing you type is saved or sent anywhere; it exists only on your screen.
Download the Worksheet (Excel)The Bottom Line
Net community property held by Spouse 1$0
Net community property held by Spouse 2$0
Total net community estate$0
Equal division: each spouse's half$0
Separate property: Spouse 1$0
Separate property: Spouse 2$0
Enter your assets and debts above to see the equalization payment.
This calculator is for organizational and educational purposes only and is not legal advice or a guarantee of any outcome. Nevada courts divide community property equally unless there is a compelling reason otherwise, and characterizing assets as community or separate can involve legal judgment, especially for commingled funds, businesses, and retirement accounts. Bring your numbers to a consultation: The Rosenblum Allen Law Firm, (702) 433-2889.
Nevada Divorce Property Division Worksheet
Preparing for a divorce involves more than just emotional readiness; it requires financial clarity. Nevada is a community property state, which means the assets and debts you acquired during your marriage are generally owned equally by both spouses. To help you prepare for your consultation and visualize your financial future, The Rosenblum Allen Law Firm created this worksheet in two forms: the interactive calculator above, and a downloadable Excel version you can work through at your own pace.
How to Use This Worksheet
This tool is designed to help you inventory your estate. It mirrors the way Nevada courts view property division, and the calculator above runs the same math as the marital balance sheet format used in real Nevada divorce cases.
This worksheet is for organizational and educational purposes only and does not constitute legal advice or a guarantee of a specific outcome.
1
Understand Community vs. Separate Property
Before you begin, it is critical to categorize your items correctly based on Nevada law.
Community Property
Generally, this includes all property and debts acquired by you or your spouse during the marriage. In a divorce, these are typically divided equally, 50/50.
Examples: wages earned during marriage, homes purchased during marriage, and retirement contributions made while married.
Separate Property
This refers to property or debt that a spouse owned before the marriage. It usually belongs solely to that spouse and is not divided.
Exceptions: inheritances, personal injury awards (for pain and suffering), and gifts given specifically to you are usually separate property, even if received during the marriage.
Attorney note: if you have "commingled" assets, such as depositing an inheritance into a joint bank account, the court may consider that money community property. Complex tracing may be required.
2
Categorize Your Assets
In the Assets section, list everything of value. Be as specific as possible.
Real Estate
The family home, vacation properties, and land.
Financial Accounts
Checking, savings, money markets, and CDs.
Retirement
401(k)s, IRAs, and pensions. Only the portion accrued during the marriage is community property.
Vehicles
Cars, boats, RVs, and ATVs.
Household Items
Furniture, electronics, antiques, and high-value collections.
3
List Your Debts
In the Debts section, list all liabilities. Remember, in Nevada, community debt is also divided equally.
- Mortgages and HELOCs
- Vehicle loans
- Credit card balances (regardless of whose name is on the card, if used during the marriage)
- Tax debts
4
Calculate the Equalization
The bottom line shows your net values. If one spouse keeps the house (a large asset), they may owe the other spouse an "equalization payment" or need to take on more debt to balance the sheet. The calculator above computes that payment for you automatically.
Why accuracy matters: hidden assets or undervalued property can lead to an unfair settlement that is difficult to change once finalized. While this worksheet gives you a head start, an experienced lawyer ensures that all factors, including tax implications, hidden assets, and complex business valuations, are handled correctly.
Get Professional Guidance on Your Asset Division
Property division in Nevada is rarely as simple as splitting a bank account. If you own a business, have significant retirement assets, or are unsure if an asset is "separate" or "community," you need a strategic partner to protect your financial future. The Rosenblum Allen Law Firm is here to help you navigate this transition with confidence. Schedule a consultation at any of our three convenient locations: Las Vegas, Henderson, and Summerlin.
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