You and your partner fell in love, moved in together and are planning your wedding. You even got a dog together, and that makes your family feel complete. Unfortunately, you’re also a realist: You know that relationships can change and even when there are two good...
Property Division
Signs that your spouse is keeping assets hidden from you
Navigating the divorce procedure can be complex for all parties. First, where children are involved, parents will want to come to an arrangement that fulfills the best interests of the child. After that, financial matters might become the priority. The state of North...
How is debt divided in a North Carolina divorce?
Divorce can be a difficult process for anyone, given the many things you have to process in one go. You are probably worried about the children as much as you are about what lies ahead. Usually, money matters are the bulk of such concerns. Since the divorce likely...
Common methods of dividing home equity in a divorce
When your North Carolina marriage ends, you must figure out how to separate your life from your former partner’s. Part of this process involves divvying up any assets or debts that you share. You may find that the equity you have in your shared home is among your most...
What should dependent spouses know about splitting retirement?
If you are a stay-at-home wife or husband, you may have mixed feelings about splitting your ex’s retirement money. Maybe you feel guilty because you did not actively earn that income. However, your supportive role at home, particularly if you raised children or...
Splitting your retirement savings with your ex
A challenge of divorcing your spouse in North Carolina is recovering your retirement savings, especially if you are nearing retirement age. Your understanding of how your divorce may impact your retirement may enable you to make careful decisions about your financial...
What are the differences between separate, marital and divisible property?
When a marriage ends in divorce, property and assets are subject to division. The division of said assets during a divorce can be complicated. To better understand, it is important to know the classifications of property under North Carolina’s legal system. According...
What is the difference between equitable distribution and community property states?
In the U.S., each state gets to decide its laws pertaining to divorce. When it comes to property division during a divorce, some states use community property law and others use equitable distribution. Understanding each type of law is helpful just in case you move to...
Property division in North Carolina divorce
When your marriage ends, you and your former spouse must decide how to divide your marital assets. In North Carolina, state law calls for equitable distribution, which must be fair but not necessarily equal. Read on to learn more about the rules regarding property...