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Raleigh Family Law Blog

Is it really a problem to hide assets during divorce?

During a divorce, particularly a contentious or bitter one, parties might feel motivated to engage in some unwise -- and potentially unlawful -- conduct. Some people do things to hurt their ex; others do things to protect themselves.

However, these efforts can ultimately backfire. For instance, if you (or your ex) attempts to hide money or assets during a divorce, it can cause a number of problems for everyone, including the person hiding property.

5 things that might prevent you from receiving alimony

Requests for alimony can be a highly combative issue in North Carolina divorces. In most cases, there is a sharp divide between divorcing spouses regarding whether alimony is appropriate. Even if they agree on that, they might not agree on the amount or the duration.

Unless divorcing spouses can work out an alimony arrangement themselves, or unless they have in place an enforceable prenuptial agreement that addresses alimony, the decision on whether a person receives alimony will be up to the courts. In these situations, there are factors that could prevent a person from receiving support.

Study finds link between women's professional success and divorce

Countless studies attempt to link certain traits, behaviors or events to an increased risk of getting divorce. While interesting, these studies are not proof that an individual marriage with last or come to an end. That being said, they can give some perspective onto specific challenges divorcing couples might face. 

For instance, a recent study out of Sweden suggests that there is a link between women who get promoted and a higher rate of divorce. In this post, we will discuss what we hope readers take away from the study.

Don't make these mistakes if you are headed for mediation

Most people who are getting divorced will go through the mediation process, whether they choose to or a court orders them to. Mediation can be an effective way to resolve divorce-related matters cooperatively and peacefully, but it does have some challenges.

One such challenge occurs if someone sabotages mediation efforts, intentionally or not. Certain actions or behaviors can make it all but impossible to work together; they could also harm a person's case if it heads to court. As such, it is important to avoid the following mistakes that often jeopardize the mediation process.

When, and why, violating a child custody agreement leads to jail

The case has quickly garnered a great deal of national media attention: Earlier this month, a North Carolina woman was sentenced to a week in jail after having her two-year-old daughter baptized. The case makes for an easy headline; the shock value is apparent. But the legal nuances are, to a large extent, being ignored.

The woman was not jailed for baptizing her daughter. She was jailed on account of being in contempt of the courts, for violating a child custody agreement (one which expressly granted "decisions including religion" to the child's father). Ultimately, what the case underscores is how sensitive child custody matters can become, and the consequences one may face if one does not adhere to a legally binding resolution.

How do we divide personal property in a divorce?

Some of the most problematic assets to divide in a divorce include real estate, businesses, valuable collections and other types of complex marital property.

However, for many people, it is also very difficult to divide personal property. This includes the items that surround you every day in your home, from furniture and appliances to computers and books. Even though these types of property are less valuable than homes and cars, you still have to go through a process to divide them fairly. Thankfully, there are some tips to make it a little easier.

4 post-divorce issues that may catch you by surprise

Imagine you have finalized your divorce agreement, signed off on a custody plan and moved into your own place. You are ready to move forward and put the divorce and all the related issues behind you.

Unfortunately, you may wind up with an unwelcome surprise, as legal issues can arise after divorce, requiring your attention. In order to prevent post-divorce issues from cropping up in the future -- or to resolve them in a timely manner -- it can be important to understand what these matters might look like. 

Mistakes to avoid before, during and after divorce court

When people think of a divorce, they might imagine a dramatic courtroom setting with a judge, objections and witnesses. However, in reality, many divorces are settled outside of court.

Having said that, it is certainly possible for a contentious or complicated divorce case to wind up in court. If you are divorcing, then it can be important to keep in mind the various mistakes you can and should avoid if you or your soon-to-be ex decides to proceed with filing litigation.

Millions Of Americans Hide Assets From Their Spouses

According to a CNBC report, more than 7 million Americans hide money from their spouse. Such activity is not, to put it simply, a good sign. Couples who are dishonest about finances are unusually prone to divorce. As one commentator put it, "[such] deceptions create a fissure within the relationship that's hard to repair."

It's no secret that money is a common stress point in relationships. A recent survey of more than 200 Certified Divorce Financial Analysts found that finances are the third leading cause of divorce (behind infidelity and basic incompatibility). Yet failing to discuss monetary matters openly-to say nothing of withholding funds from one's partner-is, in almost all cases, a sure sign of trouble.

Take precautions when divorcing a financially dishonest spouse

When people get divorced, they often look back on the marriage and reflect on what went wrong or where the relationship went off track. They might think of some behaviors or events that were red flags and pointed the relationship toward its end.

One red flag many people find is financial infidelity or dishonesty. In fact, according to this CNN Money article, 15 million people reportedly hide financial information from their live-in partner. If your spouse exhibited deceitful behaviors with regard to finances during your marriage, then you would be wise to take certain precautions during your divorce.

Raleigh Divorce Law Firm

8450 Falls of Neuse Road, Suite 200
Raleigh, NC 27615

Phone: 919-926-1943
Fax: 919-256-3971

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