Helping Families Make Informed Decisions About Their Future
In the last blog post, we discussed how North Carolina law generally classifies inheritances in a divorce. Inheritances often fall into the same category as “gifts,” since a loved one essentially gifts assets to you as their final wish. However, we give and receive...
The will of a loved one may have left you with a treasured family heirloom or perhaps a monetary inheritance. It was their last gift to you. In the event you face a divorce, you may worry about what happens to the property you have obtained – including these gifts...
When making resolutions for a new year, many people strive to save money – or even make more than they did the year before through wise investment strategies. In fact, the Pew Research Center states that resolutions focusing on finances are the second most common...
When you prepare for a divorce, there are critical steps you should take to secure your finances. However, protecting your financial future also means avoiding certain actions. Here are a few things you should not do during your divorce. 3 divorce don’ts with your...
In a past blog post, we discussed the question of whether it is possible for spouses to keep the vacation home when they divorce. We briefly addressed some of the options available to North Carolina spouses. Here, we will take a closer, in-depth look at these options....
Even if you aim to keep your home after the divorce, a good strategy is to treat it as if you are planning to sell it. Why? Regardless of what happens to the home, you must determine its current value for property division, just like you would if you were preparing...
Your spouse may be attached to specific pieces of property. For example, it might be a vintage car they refurbished, the stock options they have carefully curated or their hard-earned retirement account. One of the steps when ending your marriage is dividing the...
As life changes, it is possible to adjust certain agreements made in your divorce. It is most common to adjust the child support payments and even the custody arrangement, should you or your family experience significant life changes. However, what about your property...
You and your spouse must divide your marital property in divorce – from the house and retirement accounts to the furniture in your living room. North Carolina law prioritizes fairness in this process, but what if your spouse does everything they can to prevent a fair...
Dividing your assets is often one of the most pressing matters in your divorce. It brings along with it a long list of questions, regarding ownership and value. Finding the answer to what each asset is worth will be critical – though the process can be complicated. In...
