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3 reasons not to rush into a settlement after a car crash

The aftermath of a serious car accident can be very frightening and chaotic. Police are asking questions; your car may be totaled; you may have to stay in the hospital for serious injuries, missing work and being away from your family.

In the midst of all this, insurance adjusters may be trying to get you to settle a claim. While it may be tempting to just agree to the settlement so you can move on, accepting it prematurely could be a costly mistake. Below, we look at a few reasons why it can be critical that you slow down and consider all your options before you agree to anything after a car crash.

What will happen to my 401(k) in my divorce?

Dividing marital assets is unavoidable in any North Carolina divorce. That being said, you can and should take steps to protect the assets you value most, which could include your 401(k).

Depending on your age and employment background, you may have a 401(k) to which you have been contributing for years. These retirement plans have the potential to be quite sizable and they are often eligible for distribution in a divorce. Below, we examine a couple possibilities of what can happen to your 401(k) in the property division process.

Is a spouse property?

Last week the North Carolina Court of Appeals upheld the constitutionality of laws that a local man used when he sued a Winston-Salem doctor.

The man, Marc Malecek, sued Dr. Derek Williams. Malecek claims in court documents that the doctor had a sexual relationship with Malecek’s wife Amber, who is a nurse at the hospital. 

Tips for valuing personal property during your divorce

The idea of having to divide your assets and property can seem daunting and overwhelming. This can be especially true with regard to valuing your assets and property, which can be contentious, confusing and tedious.

However, if you keep a few tips in mind as you navigate the valuation process, you may find it easier to get through.

The benefits and drawbacks of sharing custody in a digital age

Technology and modes of communication are changing rapidly every day. No one knows this better than your kids do. Depending on their age, your kids may already be regular users of social media, messaging apps, video chatting and programs you might not have even heard of yet. 

This familiarity with technology can actually work to everyone's advantage when it comes to sharing custody after divorce, thanks to options like virtual visitation. For many families, using technology to keep in touch with kids can enhance the parent-child relationship. However, there are some drawbacks of which you should be aware.

I cheated: How will this affect my divorce?

Having an affair or cheating on a spouse can spell the demise of a marriage, no matter how hard one or both parties work to repair the damage. Unfortunately, it can also make for an incredibly painful and contentious divorce because of the physical, emotional and psychological toll it takes on both people.

If you were unfaithful during your marriage, you are likely scared and anxious about how that behavior might affect your divorce. Below, we examine if and how infidelity can affect the various issues related to your split.

What's that signed guitar actually worth?

Once you've made the decision to divorce there are more decisions to be made. One of these decisions is property, or "Who gets what."  Many people mistakenly believe that their personal collections are theirs to keep, no matter what. But is this true?

The short answer is no. That million dollar baseball card collection, or much-sought-after Chagall is not yours simply because you bought it. 

Keep detailed records when alimony is agreed

A couple of months ago, we wrote a post about alimony and how this critical form of financial support is determined. Today, we want to continue that conversation by talking about the recordkeeping practices that a spouse should follow after they have been awarded alimony or have been given the responsibility of paying alimony.

Alimony is a delicate matter, just as anything that involves money will be. As such, it is important for the spouses involved in an alimony agreement to track these payments so that if litigation occurs in the future, you will have detailed records and information to supply the courts. In addition, alimony has massive tax implications for both individuals involved. The paying spouse can deduct the alimony from his or her taxes, while the receiving spouse must include it in his or her taxable income.

How does social media behavior affect my divorce?

Turning to social media as an outlet during difficult times is something many people do. If you have a bad day, you might vent on Facebook; if you are unhappy with a service you received, you might send out a tweet recounting the experience; if you are feeling sad or upset, you might post a picture on Instagram looking for support and kind words.

However, turning to social media can be unwise if you are going through a difficult divorce. This is because what you post on these and other social media sites can be used against you during litigation.

Patients pay the price for non-compliance with dental guidelines

Many people have a fear of going to the dentist due to the pain that can accompany even the simplest dental procedures. In many cases, the pain is manageable and patients leave the dentist's office feeling as if the worst is over.

Unfortunately, the pain of a dental procedure may not strike until after the appointment is completed. This can be the case when a dentist fails to follow basic hygienic guidelines, which can lead to infections.

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Lancaster and St. Louis, PLLC
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Concord, NC 28027

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