Not everything you hold dear has a value you can calculate. Precious heirlooms, jewelry and even your home carry both financial and emotional value. Handling these objects in a divorce can be incredibly stressful and challenging. However, what about the items that do...
Guiding families through all aspects of divorce in North Carolina
Property Division
Do you have to divide retirement assets in divorce?
Ever since you entered the workforce, you saved for retirement, building up your nest egg. After all, you have big plans for an early retirement. Now that you are getting divorced, you worry those plans will go up in smoke. It is common to divide portions of your...
Are pets still considered property in divorce?
You love your pet. You treat them like family, and they certainly have a special place in your heart. So, it is only natural for you to become worried and even protective of your animal friend if you and your spouse decide to divorce. We have discussed the impacts on...
3 tips to disentangle your assets in divorce
When sharing a life together during marriage, you usually share all of your assets as well. The longer you are married, the more entwined your assets become. That is just one reason why many people who divorce over the age of 50 face challenges when it comes to...
You want to keep the house. So, what should you do?
Buying a house is a major milestone. Many people see it as achieving a goal when they purchase a place to create their dream home. That is why, if you face a divorce, you may not want to let that dream go. There are a few steps you should take as you approach a...
3 tips to help you prepare for property division
When facing a divorce, you may wonder how you and your ex-spouse will even begin to divide all of the assets and items collected over the years of marriage. The first step is to get organized. Knowing what you have, and what it is worth, is essential. However,...
Do you have to divide your retirement accounts during divorce?
You and your spouse both worked full-time jobs for years. You both have retirement accounts that were meant to contribute to your nest egg – but now you are facing divorce. Worries about retirement plans can be significant for divorcing spouses nearing 50 and those...
What if you suspect your spouse is dissipating assets?
In previous blog posts, we discussed certain actions that could be a sign of a spouse dissipating (or hiding) marital assets. These include excessive spending or even loaning money to another person, just to obtain a refund after the divorce is final. It is important...
Can my spouse lend money before our divorce?
Your spouse claims that a family member or friend is struggling financially and lends them a significant amount of money. This is a generous gesture, but it could raise questions if you are facing a divorce. Transferring and hiding assets is a significant issue in...
Does your spouse have a claim to your inheritance?
The process of receiving an inheritance from a family member can be complex – emotionally, legally and financially. You may inherit sentimental keepsakes, in addition to money bestowed upon you from your loved one. An inheritance can add up to a significant amount....