How Is Property Divided In North Carolina?

Property division is a key issue in any divorce and can have a significant impact on your financial security. The best way to ensure the protection of your rights is to retain an experienced family law attorney.

At the Raleigh Divorce Law Firm, we have represented hundreds of clients in divorce and family law matters. We practice exclusively in divorce and family law to ensure that our clients receive the experienced and knowledgeable representation they require. We handle all property division issues that arise in divorce, including:

  • Divorces with high assets
  • Characterization of property (marital vs. separate property)
  • Valuation of assets
  • Division of retirement accounts
  • Division of personal property
  • Business valuations
  • Division of real estate and the marital home
  • Co-mingling of marital and separate property
  • Division of stocks, mutual funds and investment accounts

We are focused on our clients' immediate needs and long-term interests.

Property Division In North Carolina

North Carolina is an equitable distribution state, meaning that marital assets and debts are divided equitably between spouses. The term equitable means fair and just.

Property acquired during a marriage is typically classified as marital, with limited exceptions. Separate property includes property acquired by a spouse prior to a marriage and limited property acquired during a marriage, including property acquired by gift or inheritance.

There is a presumption that a 50/50 division of marital assets and debts is equitable. However, the Court does have the discretion to consider other factors and award one of the spouses a greater percentage of marital property or debt. It is critical that you have a highly qualified divorce attorney who can negotiate a favorable division of property on your behalf or make a compelling case on your behalf at trial if your case is not able to settle.

We Tailor Our Services To Meet Your Needs

We understand that each family law case is different and each of our clients has different needs and objectives. Some of our clients are most concerned about the award of the marital home, while others are most concerned about investment accounts and other liquid assets.

We take time to listen to our clients, understand their objectives, and put legal measures in place with their needs in mind. You can rely on us to be attentive to your needs and vigorously protect your rights and interests.

Worried About How Property Will Be Divided? Call Our Skilled Legal Team

If you are in a divorce situation where there are disagreements about who owns what, call the experienced property division attorneys at 919-256-3970. Or send us an email requesting an in-person consultation.