Appointing the right executor is an important part of drawing up your will. He or she will play an essential role protecting your estate and ensuring distribution according to the terms of the will. North Carolina law sets forth several requirements a prospective...
Divorce can be costly at any age, but it can be especially hard on North Carolina's senior citizens. Older couples going through a separation will have to split their assets, which must then be used to support two households. Since the 1990s, the national divorce rate...
A qualified domestic relations order is a document that allows divorcing couples to split a 401(k) account or a pension plan without paying high taxes and penalties. Usually, an attorney will prepare a QDRO in accordance with a plan administrator's instructions...
North Carolina residents can take steps before and during their marriage to protect their money. Even though it may seem somewhat callous to plan for a divorce, it is a sound financial move and can help secure a financial future if a divorce does occur.The separation...
In North Carolina, there are no black-and-white guidelines when it comes to alimony amounts. Rather, judges are tasked with using 16 factors to guide their decisions on post-separation support for divorcing couples. Some of these factors include both spouses'...
For North Carolina couples who are going through a divorce, the financial aspects can be particularly worrisome. This is especially the case when the property of the marriage includes a family business that can be difficult to split up using a standard asset division...
North Carolina estranged spouses who believe that divorce will be a good measure of revenge may want to rethink their strategy. In most cases, revenge may feel good for a little while before causing people to needlessly think about their hurt and anger. By refraining...
If you are getting ready to make your estate plans in Charlotte, one aspect you might want to include in your provisions are funeral arrangement instructions. Though you have specific preferences for burial, your spouse and family members may have other ideas....
North Carolina residents and others who pay alimony have historically been able to write payments off as a tax deduction. Those who receive alimony payments generally have to claim it as income. However, this will no longer be the case starting in 2019. This has...
Some North Carolina spouses could eventually find themselves facing emotional issues in their marriages. If left to grow, a crisis may lead to divorce. While there are many emotions and behaviors that can negatively impact a marriage, contempt is a particularly...