For many North Carolina couples, retirement accounts hold the bulk of marital wealth. From 401(k)s to pensions, you should know which accounts the state may divide. This knowledge can help protect the future you have built. How are retirement accounts treated in North...
Short-term rentals, such as Airbnb and VRBO, are popular investment options. You may own one or more. When a marriage ends, dividing this type of asset creates unique challenges. North Carolina law uses the concept of "equitable distribution" to divide marital...
Home equity slowly accrues over time and is often one of the biggest contributing elements to the marital estate shared by spouses. They may need to divide that equity when they divorce. There are several ways for the spouses to fairly address their accrued equity...
A business is more than just an asset. It represents years of hard work and reflects your deepest passions. When you own a business and divorce enters the picture, determining the value of this property is a crucial process for which you must prepare. North Carolina...
Dividing property in a divorce often depends on full and honest financial disclosure. When one spouse hides money, investments or property, it can delay proceedings and lead to unfair outcomes. Concealing assets is more than dishonest. It can result in legal...
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 is a complex and often emotional process that can impact various aspects of a couple's life, including shared business interests. When a married couple who co-owns a family business decides to divorce, questions about the future of the business inevitably...
There are so many jargon terms used in the family court system that it may seem like a new language to someone who is new to this venue. A married adult in North Carolina contemplating divorce may understandably find all of the specialized language related to divorce...
When married couples in North Carolina divorce, they must navigate a potentially very involved property division process. Either through careful negotiation or litigation, spouses need to find a way to separate their finances in an appropriate and equitable manner....
Real property is typically the most valuable investment that married couples make jointly. Many families in North Carolina own their family homes, and both spouses likely contribute toward their mortgage each month. Families may also have a vacation home at a nearby...