Divorce can come with financial surprises that hurt your future situation. Finding hidden debt during divorce might create problems you didn't expect. North Carolina courts split property and debts based on what they think is fair for both spouses. If hidden debt...
Divorce can be complicated, especially when it comes to dividing assets like a 401(k). Understanding how these retirement accounts are split is crucial. Here is what you need to know. How are 401(k)s divided? The court considers any contributions made to a 401(k)...
Divorces are complicated. Assets can range from simple bank accounts to complex business holdings. However, high-asset divorces are significantly different. Larger assets and finances become more complex in these kinds of divorces. Even before you start the process of...
Have you ever wondered how to safeguard your inheritance or protect your assets in case of a divorce? A postnuptial agreement might be the solution you are looking for. This legal document, created after marriage, can help couples define their financial rights and...
Divorce can feel overwhelming, especially when it comes to dividing assets. A common concern is whether one will lose half of everything they own. The answer largely depends on how the law defines and divides "marital property." What is marital property? Marital...
Parents going through a divorce or separation often worry about how their income might affect custody arrangements. This feeling can intensify if one parent earns much less than the other. If you take home a smaller paycheck, you might be afraid that this could limit...
Divorce often involves a complex division of assets, and unfortunately, some spouses attempt to hide property or income to avoid sharing it fairly. In North Carolina, this behavior is not only unethical but also illegal. If you suspect your spouse is hiding assets,...
Divorce is rarely a simple process, and in North Carolina, it involves more than just legal and emotional considerations. The financial implications of divorce can be significant, especially when it comes to taxes. From dividing property to determining alimony and...
Couples preparing for divorce are usually at a low point in their relationships. They have either grown apart or gone through challenges that have caused irreversible harm to the marital relationship. Sometimes, spouses desire the catharsis that comes from litigation....
Divorce is a significant life change. Whether you are contemplating filing for divorce or have already started the process, preparing for those changes is a vital way to limit your stress and protect your well-being. What should be on your pre-divorce checklist? Know...