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Articles Tagged with divorce and liquid property

Asset and Property Division in North Carolina Divorce

Published on: January 15, 2025 | On behalf of Arnold & Smith, PLLC

Asset and Property Division in North Carolina Divorce

Going through a divorce is not always easy. It can be one of the most stressful times in your life. As you go through the divorce process, you and your spouse will need to discuss how to divide your property. Finances are often the most divisive part of a divorce. Even amicable splits can turn acrimonious when it comes to asset and property division. A knowledgeable divorce attorney will guide you through the divorce process and help make things easier and less stressful.

Types of Property

Separate Property in Divorce in North Carolina

Published on: October 16, 2024 | On behalf of Arnold & Smith, PLLC

Separate Property in Divorce in North Carolina

Going through a divorce can be a daunting experience, both emotionally and financially. One of the most difficult parts of the process can be dividing your assets. In North Carolina, assets are to be distributed in an equal manner between spouses. While that may sound like an easy thing to do, in practice, dividing property can be quite difficult. One of the first things you will need to do is determine which assets are marital and which are considered separate, or nonmarital.

How Assets are Distributed in a Divorce