Kennedy Law Associates

Posts tagged "property division"

Warning signs that a spouse is hiding property

When you entered a marriage agreement, you probably did so with the ultimate trust in your partner. Sharing your emotions, your finances and even your bed often strengthens that trust, which can prove problematic in that it sometimes makes you blind to the true nature or intentions of your partner.

Why everyone should have a prenuptial agreement

With all the steps that go into planning for an upcoming wedding and marriage, it can be easy to get caught up in the excitement of it all and leave some of the more mundane tasks until later. While you may be tempted to put off drafting a prenuptial agreement, it is wise, in the "big picture" sense, to resist doing so.

If I am marrying my 'one' do I need a prenuptial agreement?

In the song "Home Life" John Mayer insists that "I can tell you this much, I will marry just once and if it doesn't work out, give her half of my stuff. It's fine with me - we said eternity." If you are getting married to your one-and-only, you may feel much the same way - that if things somehow fail to work out, you will not engage in any squabbling over property division. However, it is vitally important to understand that even if you plan to have a long, happy, truly successful marriage and will not engage in in-fighting in the event of a divorce, you, your future spouse and your marriage can truly benefit from the process of drafting a prenuptial agreement. 

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 much less as protective and much more as punitive legal documents. For the vast majority of couples signing prenups before marriage, however, nothing could be farther from the truth.

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 assets is often the subject of complex negotiation and litigation.

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Are quality legal services available in your Charlotte neighborhood? Yes, our offices are located in Ballantyne, so you do not need to fight traffic driving uptown or deal with the inconvenience of paid parking decks. We are just minutes from the Ballantyne Corporate Park right off of I-485. An initial domestic consultation with Kennedy Law Associates is a positive step toward creating a roadmap to a better future.

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