Property division is one of the most sensitive topics in a divorce because it involves dividing marital property. Even if you do not own a large savings account or a vacation home, this step is still important. Failing to address it before the divorce’s finalization...
When couples in North Carolina face separation, one of the most pressing concerns is how their property will be divided. This concern is pronounced when a divorcing couple doesn’t have significant assets—no house, limited savings, maybe a car or some household items. ...
Alimony, which is financial support paid by one ex-spouse to the other after divorce, is a significant consideration during many divorces filed in North Carolina. This support traditionally aims to mitigate the economic effects of divorce by providing a continuing...
Thousands of married couples divorce in North Carolina every year. Almost all of them need to address property division matters. Only those who divorce very quickly after marriage or who have airtight prenuptial agreements can divorce without any property-related...
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...
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...
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...
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...
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...
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...