Helping Families Make Informed Decisions About Their Future
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...
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...
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....
A house is one of the biggest investments you make in life. Therefore, it goes without saying that a mortgage is one of the biggest financial responsibilities you will take on in your life. However, how will you handle the mortgage if you and your spouse face a...
What if your spouse were to empty your bank accounts in the process of a divorce? Or what if they accuse you of doing so? The dissipation of marital assets – such as draining or emptying accounts – is when someone squanders or hides assets to avoid a fair distribution...
Working day-to-day at a regular full-time job was the primary way families earned money for decades. As times change, so have the ways you can earn money and support your family. In this day and age passive income options are becoming more popular. However, what could...
When thinking about dividing property, many people consider the most common, significant assets. This includes everything from their home to their bank account and their furniture to their vehicles. However, North Carolina law requires divorcing spouses to divide all...
Finances can certainly be a source of stress and conflict in a relationship. Therefore, it may not come as a surprise to hear that debt is one of the main factors that can cause the most strain on a couple. What may be surprising to hear is that many people believe...
The prospect of dividing marital property can be one of the most stressful things about divorce. After years of accumulating assets, splitting them up requires careful thought and precise calculations. You know you only have to divide the property classified as...
When you enter the workforce, you usually start contributing to your employment-based retirement account. As you work, you build and add to your nest egg every year. If you contribute to the retirement account during your marriage, North Carolina law classifies it as...
