What are the Three Most Important Issues in a Divorce?
Absolute divorce means the dissolution of your marriage. North Carolina allows no-fault divorce. This can make the process somewhat easier, however, you will still need to work to resolve the important settlement terms of your divorce. Couples must fulfill the requirement to live separately for a period of one year before they can divorce. You can utilize this time to work through the various matters that deal with uncoupling. Here are the three most important issues that most couples will face during divorce.
What You Need to Know About Divorce in North Carolina
The divorce rates have been decreasing, but there is still a significant number of marriages that will end. Although divorce is not easy, it may be the best solution for some families. Divorce does not have to be overly stressful. If you can review the many issues that will be part of a divorce settlement, you can prepare for a more amicable resolution. Understanding divorce settlement issues will help you better work through these important issues. A knowledgeable North Carolina divorce attorney will help you navigate the divorce process.
Prenuptial agreements are becoming more popular. While many people think that only the rich or famous can benefit from a prenup, it is a helpful document for most couples. The prenup is an excellent way to provide guidance for how to handle the many issues that occur if a couple parts ways. In North Carolina, marital property is divided in an equal manner in a divorce. The prenup can define precisely how to divvy up your property. The prenup has value for both parties, but only if it is made in an enforceable way. A knowledgeable attorney will help you with a prenup that fits your needs.
When you and your spouse divorce, one partner may need to pay money to the other for living costs and other expenses. The word alimony originates from the Latin word “alimonia” which means sustenance or nourishment. In North Carolina, alimony is also called spousal support. When couples divorce, alimony may or may not be appropriate. There are many questions people have regarding spousal support. An experienced North Carolina divorce attorney will help you through the process and answer your questions about alimony.
Board Certified Family Law Specialist Matt Arnold answers the question: “How are military divorces different from a regular divorce?”
It’s rare that spousal support cases make their way to the U.S. Supreme Court. The justices are usually grappling with weighty issues involving constitutional rights, but occasionally make time for less headline-grabbing matters. Recently, that’s exactly what the Court did, hearing and then deciding a small case with an even smaller amount of money on the line. Though the ruling won’t go down in history, it does clarify an area of confusion in the law and will bring certainty to a number of other military divorces.
Board Certified Family Law Specialist Matt Arnold answers the question: “How is the amount of child support decided in North Carolina?”
Most people know that it’s important to have health insurance. Same thing with car insurance or life insurance or homeowner’s insurance or renter’s insurance. We rely on insurance, in all its many forms, to protect us when things go badly and we encounter some financial setbacks that we aren’t able to cover on our own. It’s based on this premise that an insurance company recently announced it would begin offering divorce insurance, adding to the long list of insurance that a person could consider paying for.
Board Certified Family Law Specialist Matt Arnold answers the question: “How are military divorces different from a regular divorce?”
When you think of Supreme Court cases, you typically imagine the big ones, cases like Brown v. Board of Education or Miranda v. Arizona. Though it’s true that the Supremes usually only involve themselves in the bigger disputes, there are times when they choose to wade into more run-of-the-mill matters. A recent case argued before the court illustrates just that and concerns principles of equitable division; more specifically, how pension payments are divided during a divorce.
Board Certified Family Law Specialist Matt Arnold answers the question: “When do you get alimony?”
A recent article in the Chicago Tribune discussed the sad case of the divorce of the founder of the Cancer Treatment Centers of America. He and his wife have been embroiled in a dispute for more than eight years now and continue to fight about what share of the marital estate his wife is entitled to. The woman is asking for more than $400,000 a month in spousal maintenance, an astronomical sum to most people. One of her arguments supporting such a figure is the idea that taxes take a big bite out of what she’s already received and she needs more to comfortably pay her bills.
Attorney Matthew R. Arnold answering the question: “How long does getting a divorce take?”
Though almost all couples exchange vows promising they will remain together ’til death do us part, many assume that divorce ends the eternal commitment. Sadly, in a number of states where permanent alimony laws remain on the books that is simply not the case.
A recent survey by US News and World Report found that permanent alimony laws still exist in several states, including New Jersey, Oregon, Vermont, Connecticut, West Virginia, Florida and right here in North Carolina. Thankfully a number of those states, including New Jersey and Florida, are currently considering some much needed alimony reform. In fact, the Florida Senate recently passed a measure backed by the group known as Floridians for Alimony Reform, which would end permanent alimony. The measure not only ends the practice of permanent alimony, but would also allow for long divorced couples to reopen their divorce settlements and change long established financial arrangements.
The measure, which passed last month by wide margins, puts a cap on the amount of alimony that can be paid based on a person’s income. It also would allow the spouse paying the support to file a petition with a court to terminate or lower alimony payments when the paying spouse reaches retirement age. The law also includes protection in some exceptional cases where the spouse receiving the alimony is not able to support themselves due to some serious handicaps.