Going through a divorce is a major life change that must be handled in a way that’s in your best interests. Throughout your marriage, you and your spouse had to think about how your decisions would affect the other person. Now that you’re going through a divorce, you...
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DIVORCE – Property Division
Is an inheritance marital property?
When couples get divorced, one of the first things they do is separate their possessions into personal assets and marital assets. A marital asset is owned by both people, often because they purchased it or acquired it after they got married. A separate asset is...
Does adultery affect your property division in NC?
Many North Carolina spouses believe that cheating will change how courts split their property in divorce. The truth about infidelity's role in asset division often surprises people. Here's what you need to know about how marital wrongdoing affects your divorce...
Protecting your business during North Carolina divorce proceedings
Divorce can be a challenging time, especially if you own a small or medium business. If you are going through a divorce in North Carolina, you might be afraid of how property division could affect your company's future. It is natural to feel concerned about your...
How are retirement accounts divided in a divorce?
Dividing marital assets after a divorce can be complicated. You and your spouse may disagree on how to divide each asset, including retirement accounts. Generally, the law treats retirement accounts, like real estate and savings, as part of your marital assets and...
What are the benefits of a prenup during property division?
Divorce often brings complex challenges, especially when dividing property. However, a prenuptial agreement can make this process much smoother. It can help protect assets and reduce the risk of disputes. This blog will explore how prenuptial agreements benefit...
Dividing marital assets versus debts
Dissolving a long-term marriage in North Carolina is anything but easy. Those who experience a divorce often wonder if they will be able to keep the things that they worked so hard to obtain. When ending a marriage, spouses must embark on the task of dividing property...
Coming to agreements on contested assets amid divorce
When a marriage is broken and spouses are unhappy, a separation may be the best option. While spouses can easily agree to divorce and not live together, what happens to the things they worked hard to acquire during the marriage? Dividing marital property and assets is...
Cooperation can make property division easier
When couples first get married, they envision themselves being together forever and living happily ever after. Yet, in the real world, thousands of spouses in North Carolina get divorced every year. When a marriage ends, the property and assets that the couple...
How to know when a spouse is hiding assets
Some of the biggest arguments and disputes when ending a marriage revolve around money. In a North Carolina divorce, there are many factors that determine how property is divided and how much spousal or child support should be paid. To get a reasonable financial...