Divorce is hard enough when it's just two spouses dividing assets from a marriage. But when one of the former spouses is a partner in a small business, things can get complicated for the business partner, as well. Here are three ways that a divorce can create ripple...
North Carolina Family Law Blog
How is paternity established here in North Carolina?
Without a doubt, one of the single greatest joys in life is the moment a child is born. Indeed, the happiness and excitement in the days before and immediately after the birth is understandably so great that the last thing on anyone's mind is any sort of legal...
Why it’s so important to manage your post-divorce finances – II
Last week, our blog began discussing how even though the prospect of starting a new life post-divorce can undoubtedly be exhilarating, it eventually become somewhat disconcerting at least as far as money is concerned. That's because the newly divorced person may find...
How child custody works in North Carolina
Child custody is one of the most difficult and important aspects of any divorce. If you're facing divorce, knowing how the process works can help you come into it in as strong of a position as possible. There are two different types of custody In North Carolina there...
How are businesses divided during divorce?
If an individual owns a business or company, one of his or her first questions as the divorce starts is: how will the business be divided and how much of the company will be granted to my spouse?This is a complex process requiring skilled legal guidance - and...
Prenuptial Agreements: Stepping Stones to a Fair and Honest Future Together
Looking for a good reason to adopt a prenup? We can give you a few. Among them, one is laying a firm foundation on which to build a marriage. Couples who have clear expectations, realistic financial views and the communications skills needed to discuss this topic that...
Why it’s so important to manage your post-divorce finances
Once a divorce is finalized, a person is free to embark on that long-awaited new chapter in their life, meaning they're ready to finally start calling their new place home and adapt to life on their own.While this is an exhilarating prospect, it can also prove to be...
Getting back to the basics: A closer look at child support in North Carolina
One of the very real concerns for newly divorced parents awarded primary physical custody of their children is whether they'll be able to make ends meet now that they are essentially a single-income household. While spousal support can help with some of this unease,...
Protect yourself with a prenup
Prenuptial agreements (also known as "premarital agreements" or simply "prenups") often get a bad rap. They are sometimes seen as a way for a much wealthier spouse to unfairly shield assets from a poorer spouse in the event of a divorce. In this way they are viewed...
Dividing business assets in divorce
When business owners divorce, property division matters can become very complex. In North Carolina, marital assets, including businesses and professional practices, are to be divided in an equitable manner upon divorce. Identifying, valuing and distributing such...
