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...
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...