marital property

What Should I Include in a Prenuptial Agreement?

Published on: November 30, 2022 | On behalf of Arnold & Smith, PLLC

What Should I Include in a Prenuptial Agreement?

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.

Benefits of a Prenuptial Agreement

How Do We Divide Property in a North Carolina Divorce?

Published on: October 5, 2022 | On behalf of Arnold & Smith, PLLC

How Do We Divide Property in a North Carolina Divorce?

The decision to end your marriage is the beginning of many more choices you will need to make. You and your spouse may have accumulated many assets over the years and must determine the best way to divide them. Couples often disagree as to how to handle the division of property in a divorce, and it can be a challenging issue to resolve. An experienced divorce attorney will help guide the process and work on your behalf to try to come to a fair settlement agreement.

What is Equitable Distribution?

What are the Grounds for Divorce in North Carolina?

Published on: April 27, 2022 | On behalf of Arnold & Smith, PLLC

Board Certified Family Law Specialist Matt Arnold answers the question: “Do I need an attorney to get a Divorce in North Carolina?”

The decision to end your marriage is one that is not taken lightly. In most cases, you and your spouse have been experiencing problems for some time and have been working unsuccessfully to resolve them. When you finally decide to divorce, you likely have many questions and concerns about the process and what to expect.

Financial Disclosure in North Carolina Divorce

Published on: February 16, 2022 | On behalf of Arnold & Smith, PLLC

Board Certified Family Law Specialist Matt Arnold answers the question: “What happens when a person’s income is not guaranteed and fluctuates from year to year”.

Finances are among the issues that are most often areas of contention in divorce. Couples may agree on many things, but when it comes to money, the couple might disagree. North Carolina is a state that requires equitable distribution of assets. This simply means that the property, assets, and debts the couple have accumulated during marriage are to be divided between each party in a fair and equitable manner. Going through a divorce can be stressful and you will want to ensure that you get the assets that you deserve. An experienced North Carolina divorce attorney will assist you in obtaining a fair resolution.

Prepping for Property Division in a North Carolina Divorce

Published on: October 6, 2021 | On behalf of Arnold & Smith, PLLC

Board Certified Family Law Specialist Matt Arnold answers the question: “How will the judge divide our property?”

Although there is a degree of nobility involved in pursuing a minimalist lifestyle that attempts to obtain as little debt and unnecessary living items as possible, the reality is that for many Americans, building wealth and accumulating different types of property is a lifelong goal. When two people decide to get married, this decision often results in the combination of wealth and assets as they forge a path together. When the relationship sours and the couple decides to explore divorce, it can call into question what each spouse’s property ownership will look like in the future.

Distributing Property in a North Carolina Divorce

Published on: July 14, 2021 | On behalf of Arnold & Smith, PLLC

Board Certified Family Law Specialist Matt Arnold answers the question: “How will the judge divide our property?”

In North Carolina, residents take pride in their work. The money they earn in exchange for their time and skill allows them to build capital and make purchases and investments that can greatly enhance their quality of life, as well as that of their families. When couples decide to marry, joining finances allows them to build wealth on a greater scale. However, when these couples elect to file for divorce, questions about this wealth are certain to arise.

How to Get a North Carolina Divorce After a Short Marriage?

Published on: January 20, 2021 | On behalf of Arnold & Smith, PLLC

Board Certified Family Law Specialist Matt Arnold answers the question: “What does a “No-Fault’ divorce mean in NC?”

If your marriage lasted less than a year, you might be wondering how to get a divorce in North Carolina. If you want to divorce, it is important to consult with a North Carolina family lawyer and discuss the divorce process for short-term marriages.

Who Gets the House in My North Carolina Divorce?

Published on: December 16, 2020 | On behalf of Arnold & Smith, PLLC

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?

Published on: July 1, 2020 | On behalf of Arnold & Smith, PLLC

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.

How to Split Up the 401(k) Plan Assets in a North Carolina Divorce?

Published on: December 25, 2019 | On behalf of Arnold & Smith, PLLC

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.