Finalizing your divorce is a feat in itself. But with property division being inherently contentious, you could feel unsatisfied with the trial court’s final decision regarding what they deem as fair, though not necessarily equal, judgment. Now, this begs the question...
Property Division
3 reasons a prenup may not stand
Prenuptial agreements are drafted prior to getting married, and they generally deal with what would happen if a divorce did occur. These are sometimes used when people want to protect their assets to make sure that they wouldn’t go to their spouse if the marriage...
Is your spouse trying to hide assets?
You’ve decided that obtaining a divorce is in your best interests and those of your family. You’re confident that you and your spouse will be able to reach an agreement on child custody. What you are concerned about is finances. Your spouse has made some troubling...
You may need a new mortgage after your divorce
If you’re getting divorced, you need to think about your finances and your housing situation. For many people, this means deciding if they want to sell their house or not. After all, the easiest way to divide a family home in a divorce is just to sell that home. You...
3 behaviors that may constitute dissipation in family court
When married couples divorce, they have to separate their finances. Property division can be straightforward when couples already agree about what is appropriate or fair. It could also become a nightmare in scenarios where one spouse wants to punish the other...
How is debt divided in a North Carolina divorce?
Money matters are among the most contentious issues in a divorce. In cases where the couple cannot agree on how to divide property and debt, the court will step in and assign each spouse their part. Under North Carolina laws, marital assets are divided equitably –...
Watch out for SIDS if your divorce includes a family business
Some people know for a while that their marriage is ending. This gives them time to prepare, but it also gives those who are so inclined time to try to work things around so that they gain an unfair advantage when it comes time to divide up the marital property. For...
3 ways your ex could try to reduce your marital estate
The law in North Carolina protects your right to a fair share of your marital estate when you divorce. Whatever you and your spouse bought together or earned while married will generally need to get split. Sometimes, one spouse will try to withhold marital assets or...