When you are getting divorced, one of the main things you go through is the property division process. This may be the most significant and consequential aspect of your divorce.You are probably prepared to divide the following assets:The family homeCarsBoatsBank...
Divorce
Financial discord could lead to divorce
In North Carolina and around the country, financial difficulties continue to be one of the leading causes of divorce. One may think that only low-income earners are prone to money problems, but professional couples earning substantial wages can have financial issues...
Divorce can have a major impact on retirement
While many North Carolina spouses going through divorce may be aware that the separation process can have an impact on their immediate finances, the effects may actually be more long term. Depending on how close one is to retirement, for example, their preretirement...
Finalize divorces prior to 2019 to save money
Starting in 2019, the way high net worth couples get divorced will change. The tax law changes make the way people in this income group settled divorces in the past look very different. Instead of getting the divorce subsidy, North Carolina couples that finalize their...
Recognizing the different forms of spousal abuse
Like many marriages in North Carolina, yours is not as happy as it used to be. In fact, you are miserable and wonder if your spouse is abusive. Although your spouse has never struck or physically attacked you, you feel as if your spouse’s words and actions have...
Keeping a house could help a divorcee plan for the future
Divorce divides assets accumulated during a marriage so it comes as no surprise that divorced people may be less prepared for retirement than those who were never married or who stayed married. However, North Carolina women who remain single after a divorce may be...
Reasons for legal restrictions imposed during divorce
People in North Carolina might view divorce as a pathway to emotional or personal freedom, but the process places both spouses under legal scrutiny. Soon-to-be exes often experience surprise when they learn that the law limits what they can do with their money or...
Tips for making divorce preparations
North Carolina spouses who are going through a divorce can take steps to make the process easier. One of those first steps is prioritizing. Future exes should write down what their needs are in the divorce as well as their wants and the things they are willing to let...
Steps to establishing paternity
Establishing paternity may be a necessity in cases where North Carolina parents are not married to one another. It is the first step in getting child support from the father, but there are a number of other reasons to establish paternity as well. One is that the...
Divorce mediation offers 2 major benefits
If your marriage is nearing its end, but the relationship between you and your soon-to-be-ex-spouse is relatively amicable and not beyond repair, you may be considering undergoing mediation as opposed to embarking on a more traditional divorce. Instead of each party...
