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...
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DIVORCE – Property Division
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...
What does equitable distribution mean?
During a marriage, the assets and possessions that the spouses accumulate together are part of the marital estate. If the marriage ends, the marital estate must be divided. North Carolina follows the principle of equitable distribution when it comes to property...
Enabling a more efficient property division process
In marriage, two people become one legal entity. Spouses not only share love, affection and memories but also some assets and property. If spouses separate, dividing marital property can potentially be one of the most difficult and contentious parts of the divorce...
A prenup could simplify the property division process
Spouses in North Carolina who have been married for years may have amassed a significant amount of marital property. If the marriage ends, dividing marital property and assets can often be one of the most contentious and complicated parts of the divorce process....
Clues that could mean a spouse is hiding money amid divorce
North Carolina is an equitable distribution state when it comes to property division in divorce proceedings. When spouses divorce, a judge will divide marital property as fairly (equitably) as possible based on the circumstances. However, if a spouse feels as if he or...
Dividing marital property amicably
When a North Carolina couple marries, the things they acquire during the marriage are typically shared. However, if the marriage ends, dividing the shared (marital) property can be one of the most challenging parts of the divorce. The property division process is...
Factors that play a role in the property division process
When spouses separate, they often have many difficult and emotional decisions to make. In most North Carolina divorces, dividing marital assets and property can be an area of conflict. In an ideal world, spouses cooperate and work together to divide marital property. ...
What happens to the family home in a divorce?
When spouses decide to end their marriage, they must divide their marital property, including assets and debts. In North Carolina and elsewhere, property division is often one of the most contentious parts of the divorce process. If the couple owns a home, it may be...