Equitable or fair property division is the standard in North Carolina. Judges handling litigated divorce cases generally need to learn about the spouses and the marriage before deciding the best way to divide their property and debts. Typically, the property division process does not factor in marital misconduct. However, there are exceptions for certain types […]

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Spouses preparing for divorce have to think about financial issues. The law protects them by requiring an equitable or fair overall division of marital property. Unfortunately, people often settle early without necessarily asserting themselves effectively. They make concessions that limit how much property they receive. For example, it is common practice for those preparing for […]

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People preparing for divorce and often want to focus on the future. They need to envision a better life after the divorce to get through the tumultuous times ahead. To create reasonable expectations, they typically have to know what might happen during the divorce process. That includes having a realistic idea about property division matters. […]

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A major undertaking during a divorce involves trying to divide the assets that you accumulated during marriage. This includes everything from the marital home to the artwork adorning that home’s walls. If your family has a business, that business may also be subjected to property division, unless the terms of a marital agreement dictate otherwise. […]

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A couple that is going through a divorce must take the time to divide all of their assets and debts that each spouse acquired during their marriage fairly. Common assets that require attention include a marital home, vehicles and investment accounts. Determining how financial investments, such as stocks, bonds and mutual funds, will be split […]

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Married couples often buy homes together. Both spouses are usually named on a mortgage for their shared property and on the deed as a result. When they divorce, there is little question that the home where they lived is part of the marital estate and therefore subject to equitable distribution rules under North Carolina law. […]

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