When people who have developed extensive and valuable collections of art, real estate or other items decide to divorce, the fate of these assets may hang in the balance. High-profile couples in the real estate and art world have moved toward divorce, leading to...
High Asset Divorce
Basic steps to determine the value of a pension plan
Dividing assets is a huge part of the process that North Carolina couples go through when getting a divorce, especially if it is a high-asset divorce. It is important to understand the value of an asset before it can be divided fairly. One of the most difficult assets...
Why digital currency can complicate a divorce
Cryptocurrency has been available to those living in North Carolina and elsewhere since 2009 when Bitcoin was introduced. However, digital currencies are now getting more time in the spotlight as they have increased in value and have gotten more attention from the...
Are you concerned about your art collection and your divorce?
Many people have a passion for art. Even if individuals do not create art themselves, they may enjoy collecting pieces and maintaining art collections. You may have enjoyed creating a collection yourself and continued your hobby even after you got married. In fact,...
Compensation plans can be complex in high-asset divorces
High-asset divorces in North Carolina and around the country often involve spouses with complex compensation packages, which can add an extra layer of complexity to property division and alimony negotiations. Disputes can arise over whether income that is prepaid,...
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...
Divorce and the family business
North Carolina business owners who decide to divorce may face unique complications and concerns. In many cases, spouses worked together in a number of different ways to build a family business. Determining how to divide a business in an equitable way that satisfies...
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...
What wealthy couples can learn about divorce from Jeff Bezos
There are steps that high-asset couples in North Carolina who are ending their marriage can take to make the process less difficult. The world's richest man, Jeff Bezos, exemplifies this in the statement he released with his wife about their impending divorce that...
What a QDRO means for your retirement plan
Divorce sets even the best-laid plans asunder. Your retirement plan is no exception. When separating and continuing through to divorce, your plans for the future may seem up in the air. What will happen to the money you saved in your 401(k) and beyond?When dividing...