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.
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.
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.
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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DISCLAIMER: The information found on HatleyLawFirm.com and other articles pertain to North Carolina Law only. This is free public information. It is not legal advice about a legal problem and does not create an attorney-client relationship, nor does it promise any legal outcomes. The thoughts and commentary about the law contained in this website and articles are provided as a service to the community and do not constitute solicitation or provision of legal advice. The facts of an individual case must be reviewed by an independent counsel of your choice. Our generalized statements may not appertain to your case. We provide this general legal information on an ‘as-is’ basis. Changes in the Law could make parts of this website’s content obsolete. The reader is advised to check for changes to current law and to consult with a qualified attorney on any legal issue. We make no warranties and disclaim liability for damages resulting from its use. Other links/websites/additional resources found on this website are not endorsements and the Hatley Law Firm makes no representation of their services.
©2023 Hatley Law Firm, P.L.L.C.
Hatley Law Firm will accept major credit cards.
DISCLAIMER: The information found on HatleyLawFirm.com and other articles pertain to North Carolina Law only. This is free public information. It is not legal advice about a legal problem and does not create an attorney-client relationship, nor does it promise any legal outcomes. The thoughts and commentary about the law contained in this website and articles are provided as a service to the community and do not constitute solicitation or provision of legal advice. The facts of an individual case must be reviewed by an independent counsel of your choice. Our generalized statements may not appertain to your case. We provide this general legal information on an ‘as-is’ basis. Changes in the Law could make parts of this website’s content obsolete. The reader is advised to check for changes to current law and to consult with a qualified attorney on any legal issue. We make no warranties and disclaim liability for damages resulting from its use. Other links/websites/additional resources found on this website are not endorsements and the Hatley Law Firm makes no representation of their services.
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