Gray divorce is the term used for divorces involving couples who are 50 years old or older. If you find yourself in this position, which assets are most in need of protection as you move forward? Here are a few important things to keep in mind. Employer-sponsored...
Real property is typically the most valuable investment that married couples make jointly. Many families in North Carolina own their family homes, and both spouses likely contribute toward their mortgage each month. Families may also have a vacation home at a nearby...
Co-parenting can be a challenging task, but it's often essential for the well-being and happiness of children whose parents have separated or divorced. Fit co-parents generally need to work as a team to better ensure that their children have the solid foundation they...
Gray divorce, also known as a late-life divorce, is becoming more common as the Baby Boomer generation ages. Gray divorce refers to the end of a marriage between spouses who are over 50 years of age. If you’re considering a divorce after years of marriage, there are...
Marriage means sharing income, housing and other personal resources. Couples combine their bank accounts and live in the same house, in most cases. Combined financial resources are a major feature of most marriages. Couples have access to and control over income...
Blended families occur when two adults who have children fall in love and get married. It can take quite some time for the family to fully adjust to the new circumstances. Older children, in particular, can sometimes be resistant to the changes that come with a newly...
Many couples in North Carolina make big commitments to one another without ever getting married. It is quite common for young couples to have children or buy real estate with one another without actually committing to marriage. They may then face challenges addressing...
Getting divorced as a business owner can be more complicated because you have more complex assets and you want to protect your business. There are a lot of different factors that you have to consider, especially when dividing assets with your spouse, that someone who...
It’s rough to watch your parents decline with age, and rougher still to realize that your roles have gradually become reversed. Instead of them guiding and protecting you, you now have to guide and protect them. This is particularly true when your parent has developed...
Parents who go through a divorce have to do what’s best for their child in the custody matter. This isn’t always easy, but it’s necessary. There are a few things that can make custody matters much more difficult. Instead of succumbing to these errors, recognize them...