When two people in North Carolina get a divorce and a business is involved, the process of property division can become complex. Establishing a plan before getting married or when setting up the business can help eliminate this complexity and ensure that both people...
Month: February 2019
Reasons to use a prenup for a second marriage
Some older people entering a second marriage in North Carolina might want to consider getting a prenuptial agreement. While this may not be necessary for people in their 20s who are going into a first marriage, people in their 50s and older likely have much more...
Divorce can disrupt college payment plans
When parents in North Carolina divorce, the decision to end their marriage can have a significant effect on their finances. One of the biggest financial expenditures that can accompany raising children is college or university tuition, especially with the rising cost...
How much are your antiques really worth?
As half of a North Carolina high-asset married couple, you and your spouse likely own some antiques that you’ve collected over the years or inherited from your respective family members. Should you divorce, you will need to value those antiques for purposes of...
Study finds infidelity, substance abuse among divorce factors
A lack of family support, differences over religion and infidelity are all factors that may lead to North Carolina couples ending their marriages. However, commitment was most frequently named as the factor that contributed to divorce in a survey of 52 people. The...
Selecting a will or a trust: the difference
When creating an estate plan, it is important to select the right elements to meet your specific needs. One of those choices may be whether to use a will or a trust.In order to make the right choice for you, it is critical that you know what each offers. There are a...