Divorce Property Division
Equitable Distribution in North Carolina
In North Carolina, the court will divide your property in a way that is fair to each spouse. This is referred to as equitable distribution. North Carolina is not a community property state. The court will presume that it is equitable to split the marital and divisible property equally.
However, there are circumstances where an equal distribution would be unfair. To determine if that is the case, you need expert property division lawyers like the Hatley Law Firm lawyers. Our lawyers can apply a set of factors to evaluate the past efforts and future needs of both spouses and advocate on your behalf. The Hatley Law Firm will fight to make sure your financial future is secure.
Factors Considered in Dividing Property
When dividing property in a divorce, the court will characterize it as marital, divisible, or separate. Marital property is considered all property acquired or earned during the marriage up until the date of separation. Divisible property is the value of the marital property that occurs between the date of separation and distribution. Anything deemed as separate property remains free from division.
There are other factors considered when splitting marital and divisible property which our lawyers can help you navigate through. The Hatley Law Firm has the experience and knowledge in how to handle valuation issues of properties, businesses, licenses, and investment holdings. Even if any assets are being hidden, the Hatley Law Firm will conduct a detailed search to find them.
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Divorce Property Division
Equitable Distribution in
North Carolina
In North Carolina, the court will divide your property in a way that is fair to each spouse. This is referred to as equitable distribution. North Carolina is not a community property state. The court will presume that it is equitable to split the marital and divisible property equally.
However, there are circumstances where an equal distribution would be unfair. To determine if that is the case, you need expert property division lawyers like the Hatley Law Firm lawyers. Our lawyers can apply a set of factors to evaluate the past efforts and future needs of both spouses and advocate on your behalf. The Hatley Law Firm will fight to make sure your financial future is secure.
Factors Considered in
Dividing Property
When dividing property in a divorce, the court will characterize it as marital, divisible, or separate. Marital property is considered all property acquired or earned during the marriage up until the date of separation. Divisible property is the value of the marital property that occurs between the date of separation and distribution. Anything deemed as separate property remains free from division.
There are other factors considered when splitting marital and divisible property which our lawyers can help you navigate through. The Hatley Law Firm has the experience and knowledge in how to handle valuation issues of properties, businesses, licenses, and investment holdings. Even if any assets are being hidden, the Hatley Law Firm will conduct a detailed search to find them.
