Buying a house is something many married couples eventually do. Jointly owning a property can give your relationship a sense of permanence and help the two of you build a mutually beneficial financial future. Unfortunately, sharing your biggest asset can make things...
If you are an artist or work in the art field for your career, then you should be aware that any art you make could be valuable and part of your property division discussions during your divorce. Whether you’re a famous artist or your spouse believes that your art may...
Many spouses understand that in a divorce, you don't just divide assets but also debts. One detail that few divorcing couples consider when addressing their future debt, though, is the potential of there being a tax audit and back taxes due. As you may imagine,...
If you and your spouse own a rental property, it may be a good source of income for the two of you. Whether it’s a condo on Atlantic Beach or a cabin along the Blue Ridge Parkway that you rent to vacationers or a first home that you now rent to tenants, determining...
Cryptocurrency, such as Bitcoin and newer versions like Dogecoin, can be effective ways of padding your financial portfolio. According to NerdWallet, cryptocurrency allows you to purchase services or goods. Account owners can also trade crypto for profit. As an...
It takes decades of savings to set someone up for retirement, but unfortunately, retirement doesn't always go the way people plan. When your family changes, your expectations for retirement may need to change as well. You have probably made retirement contributions...
Family businesses are very common. Some are side jobs that people do while working in another field, but many are full-time operations that pay the bills. A lot of today’s major corporations started as family businesses. What if you’re running a family business with...
If you are getting a divorce and are an artist or collect art, now is the right to time get an appraiser to work with you and your attorney. An art appraiser is the only professional who can accurately place a value on a piece of artwork. While two appraisers may not...
People don’t always act appropriately or even legally when they’re going through a divorce. Some spouses will do anything to hold on to an asset. Others will do whatever they can to keep their spouse from getting it – even if it means depleting it or letting it be...
One of the tasks in any divorce is to divide your property. North Carolina law considers the majority of assets acquired during the marriage to be marital property. They need to be divided equitably. If your partner has tried to hide some of those assets, you could...