Wealth

Equitable distribution is the way that North Carolina courts divide property when a couple divorces. If you find yourself at the end of your marriage, understanding how equitable distribution works is equivalent to understanding your critical property rights. When a…

Marriages sometimes break down because trust between the couple has been irreparably broken. Both during marriage and divorce proceedings, spouses can amplify this problem with financial impropriety. This includes financial misconduct by a spouse aimed at depriving the other spouse…

High net worth divorces are often highly contested, because there is so much at stake. Beyond the value of the property, the division of wealth can impact the future of a family-owned business and its employees. It can also impact…

When couples have wealth, there is a high likelihood that they own a range of different assets. This may include business interests, offshore investments, trusts, real estate, stocks, retirement accounts, educational savings accounts, luxury vehicles, and artwork. Couples with wealth…

North Carolina divides property under an equitable distribution model. This method essentially takes the net market value of all property and debt attained between a couple’s date of marriage and date of separation and allows a court to make a…

For many, a person’s retirement accounts—as well as their house—constitute the lion’s share of their wealth. It is the sum of their hard work and thoughtfulness, their plan for the future, their “nest egg”. It is also their financial security.…

Alimony, or spousal support, is a subject that douses lighter fluid on the already lit flame that burns when a marriage ends. To put it mildly, obtaining an agreement or order that requires the continued payment of money can stoke…

When couples divorce, one of the issues that often generates the most contention is alimony. For a spouse seeking spousal support, these payments are seen as essential, as he or she does not make sufficient income to meet his or…

You have probably seen some recent headlines about the massive divorce settlement of Amazon founder Jeff Bezos and MacKenzie Bezos after they split due to allegations of his infidelity. Beyond the sad end of a long marriage and the sordid…

Separation is an incredibly stressful time in a person’s life. Even the most Zen and disciplined of people can make regrettable decisions during this time. This is especially true when it comes to money and budgeting in the midst of…

When you think of the concept of property division when couples divorce, it is easy to think that it literally refers to the division of property. As in, who takes what property with them when the dust settles? However, property…

Spousal support, also known as alimony, is a mandatory payment that a dependent spouse receives from a supporting spouse when a couple separates. It can be a significant obligation for many supporting spouses, and they have a natural financial interest…