You create work that continues to hold value over time. Royalties, licensing agreements and other intellectual property can keep generating income even after your involvement ends. You may own rights in a business, product or creative portfolio that carries ongoing...
North Carolina Family Law Blog
Understanding crypto assets in North Carolina divorces
Digital money can change how you manage savings and investments. When cryptocurrency becomes part of a divorce, its private nature and rapid price fluctuations may complicate property division. If crypto plays any role in your shared finances, learning how North...
How can testators keep valuable assets out of probate court?
Testators, or people drafting estate planning documents, must make many important decisions. For some people, keeping specific resources out of probate court is important. They want to protect them from creditor claims or Medicaid estate recovery efforts. They worry...
Why do some spouses draft postnuptial agreements?
Married couples typically share everything from their homes to their paychecks. People who enter a marriage with certain valuable resources might choose to sign prenuptial agreements before solemnizing the relationship. Others might discuss the possibility of a...
What is your business really worth in a divorce?
Divorce is challenging enough, but it becomes especially complex when you own a business. You built your company with time, energy and money. Now you must divide at least a portion of that hard-earned asset. North Carolina requires a fair division of marital property,...
Divorce: Who Keeps the Airbnb in North Carolina?
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...
Valuing personal property can help ensure a fair divorce outcome
During divorce proceedings, spouses have to divide their property. There are certain assets that are clearly shared resources, such as the home that they bought together. Many other assets acquired using marital income are personal property that theoretically belongs...
What if a co-parent doesn’t follow the custody order?
Parents who divorce or start living separately can create their own custody orders. They may negotiate with one another and reach an agreement regarding how they intend to divide parenting time and manage major decisions for their children. If they don't agree with...
How can you protect your credit if you’re going through a divorce?
There are many things that you have to decide when you’re going through a divorce. Some of these surround your finances. What some people don’t realize is that they can suffer from a hit to their credit because of factors that occur during the divorce When you’re...
Can you protect child custody rights with a prenup?
You know that you can use a prenuptial agreement to protect certain property rights. For example, perhaps you are a business owner and you want to make sure that you get to keep 100% of your business, even when your marriage ends. You can write that into a prenup so...
