Charlotte Divorce Lawyer BlogBoard Certified Family Law Specialist Matt Arnold answers the question: ” Is there some property that the judge cannot divide?”
Articles Posted in Equitable Distribution
Who Gets the House in My North Carolina Divorce?
Board Certified Family Law Specialist Matt Arnold answers the question: ” Is there some property that the judge cannot divide?”
Dividing the marital home is one of the most complicated parts of a divorce for two reasons. First, the home is usually the married couple’s most valuable asset. Second, partners may have a hard time splitting the marital residence because of the deep emotional attachment to the home.
How Does the Equitable Distribution Process Work in North Carolina?
Board Certified Family Law Specialist Matt Arnold answers the question: “How will the judge divide our property?”
In North Carolina, equitable distribution generally involves three main steps. The court conducts the three-step process when spouses file for divorce and cannot reach consensus on property division through negotiations.
Three Things to Consider When Looking for a Place to Live During Your North Carolina Divorce
Board Certified Family Law Specialist Matt Arnold answers the question: ” Is there some property that the judge cannot divide?”
Filing for divorce is not the only tough decision a spouse has to make when a marriage hits rock bottom. Looking for a new home during the divorce process is also a difficult process. Deciding where to live during your divorce is not a decision to be made lightly. There are at least three things to consider when determining what your new living arrangements will be.
How to Split Up the 401(k) Plan Assets in a North Carolina Divorce?
Board Certified Family Law Specialist Matt Arnold answers the question: “How will the judge divide our property?”
No one ever thinks that their marriage is going to end someday, which is why the vast majority of us are never prepared for it when it does happen. Going through the divorce process can be an emotional undertaking. After all, you are divorcing the person you have lived with for the past years or decades who may also be the mother/father of your children.
How are Marital Debts (and Student Loans) Split in North Carolina Divorce?
Board Certified Family Law Specialist Matt Arnold answers the question: “How will the judge divide our property?”
Family courts in North Carolina have a duty to categorize assets and debts and determine their value to distribute these assets and debts in a fair and equitable manner. The process is referred to as Equitable Distribution.
What Happens to Cryptocurrencies During a North Carolina Divorce?
Board Certified Family Law Specialist Matt Arnold answers the question: ” Is there some property that the judge cannot divide?”
Since Bitcoin and a plethora of other cryptocurrencies have become a crucial – and rather sizeable – investment and currency in many people’s lives, you may be wondering about the legality of cryptocurrencies and their role in North Carolina divorce settlements.
Pet Ownership and ‘Custody’ After a North Carolina Divorce
Board Certified Family Law Specialist Matt Arnold answers the question: “What can I do to gain custody of my child in North Carolina?”
Dividing property during a divorce – also known as distribution in North Carolina – is a grueling experience. Fighting over child custody is often a disheartening and painful experience. But what about pets?
Financial Considerations During a Divorce in North Carolina
Board Certified Family Law Specialist Matt Arnold answers the question: “How much does it cost to get divorced, and how does the billing process work?”
Going through a divorce can be stressful. You are suddenly tasked with splitting up a life that you built with another person and dividing all of your possessions, assets, and debts between you. In North Carolina, marital property is distributed under the premise of equitable distribution. This means that property is split according to what is fair, not necessarily equal, for each of the individuals. After the property distribution is settled and your divorce agreement is in place, there are additional financial considerations that will impact all divorced individuals.
Who Pays Legal Fees in a Divorce?
Board Certified Family Law Specialist Matt Arnold answers the question: “Can I get the judge to order my spouse to pay my attorney’s fees in a property division case?”
Divorce can take its toll on a person emotionally, mentally, and even financially. The financial cost of a divorce depends on the amount of time and work that must be put into it. Couples that are splitting amicably might have a divorce that costs less because there are fewer issues that need to be discussed or litigated. On the other hand, if a couple has a contentious divorce, then there are likely a multitude of issues that need to be discussed and will take longer to resolve. Depending on the financial situation of each individual spouse, it might seem daunting to pay the legal costs associated with divorce. This brings about the question of who is responsible for legal costs during a divorce?