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July 2019 Archives

Understanding finances before a divorce

For spouses in North Carolina who are going through a divorce, it can be important to get finances in order. If one spouse handles most of the family accounts, the separation process could be especially difficult for the other partner. It's often best to wait until after the necessary paperwork is obtained before bringing a divorce up. Otherwise, the more financially aware spouse could make it difficult to access the documents.

Are online estate plans worth the money?

There is no shame in wanting to save money whenever possible. Frugality may be what has allowed you to acquire the substantial assets you have in your estate. Since you have taken such care to save and manage your assets, it only makes sense that you would want to prepare your estate for your heirs after you pass on.

Protecting money and assets in a second marriage

Those who get married for a second or third time in North Carolina may have unique issues to account for. In many cases, those who are getting married again are older and have more assets to protect. Parents may also need to ensure that children receive their inheritance in the event that parents pass on or become incapacitated. Without proper planning, a surviving spouse may receive a deceased person's assets instead of the children.

Are you overlooking important assets in your divorce?

If your marriage is ending, you probably have many things to take care of, not the least of which is realigning your standard of living with your new financial reality. No matter how comfortable you have been during your marriage, you are certain to face changes in your budget, and much of that will result from the outcome of your asset division.

The plus side of raising a child together after splitting up

One of the biggest concerns of divorced parents in North Carolina is how to continue providing their children with a positive parenting experience even after the split. While breaking up and divorcing is a very emotionally tense period that affects both parents and kids, choosing to positively co-parent after splitting up has benefits for both children and parents.

Preparing for divorce in the summer months

People in North Carolina are more likely to divorce during the summer, according to experts. There are a number of reasons why this may be true, including the fact that children are out of school and transitions may be less complicated during this period. One study showed that August and March are traditionally high periods for divorce, especially after families spend more time together in the summer months or over the winter holidays. The new year can also spark new divorces along with resolutions.

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Are quality legal services available in your Charlotte neighborhood? Yes, our offices are located in Ballantyne, so you do not need to fight traffic driving uptown or deal with the inconvenience of paid parking decks. We are just minutes from the Ballantyne Corporate Park right off of I-485. An initial domestic consultation with Kennedy Law Associates is a positive step toward creating a roadmap to a better future.

14835 Ballantyne Village Way, Suite 225
Charlotte, NC 28277

Phone: 704-512-0619
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