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Gavel on wooden table separating paper cutout of house and family | New Direction Family Law

Dividing Assets During Divorce: How a Property Division Attorney Helps

Despite general divorce rates falling, around 2.4% of people end up divorced every year, which amounts to a lot of legal hassle. Even if you have not started a family, splitting up everything you own can lead to great frustration.…

Folder labeled retirement plan with pen and glasses on top of stock paperwork | New Direction Family Law

Divorce and Dividing Retirement Plans

Separation & Divorce Wealth

For many individuals, their retirement accounts and homes constitute the cornerstone of their wealth—a product of hard work, careful planning, and the cherished “nest egg” for the future. These assets also represent their financial security. When facing a divorce, emotions…

Divorcing in Today’s Real Estate Market

Podcast Separation & Divorce Wealth

Ex-It Strategy Podcast 36 Hosts Elizabeth Stephenson and Sarah Hink Guests Christina Jasper, mortgage professional with Jasper Mortgage Group; Meredith Pope, real estate professional with Inhabit Real Estate. Elizabeth: Hi everyone. Hi, Sarah Jane. Sarah: Hello. Elizabeth: I’m Elizabeth Stephenson…

african american child holding ripped paper with family on white, divorce concept

7 Benefits of Hiring a Child Support Lawyer

Child Support Separation & Divorce Wealth

When you have minor children, both parents have a moral and legal obligation to provide emotional and financial support until they become adults. This applies regardless of whether or not the parents have ever been married. When facing a court…

Preserving Your Credit After Divorce

Separation & Divorce Wealth

Are you worried about preserving your credit after divorce? Problems with credit can happen with divorce, but there are steps you can take now to protect yourself. If you need to preserve your credit or shield yourself from debt, speak…

Can You Modify Your Divorce’s Property Division?

Can You Modify Property Division after Your Divorce is Finalized?

Lifestyle Separation & Divorce Wealth

As you move through the divorce process, you may wonder if you can modify your divorce’s property division later. Getting divorced can be stressful, and you may feel a weight lifted off your shoulders once it’s over and done. However,…

Can You Keep Your Inheritance in the Divorce?

Separation & Divorce Wealth

It is important to consult a divorce lawyer about keeping your inheritance in a divorce. Do not wait until your divorce is almost final – if you are thinking about getting a divorce, talk to a lawyer right away. Because…

Do You Own Real Estate and Want a Divorce? Reasons to Consult a Family Law Lawyer

Lifestyle Separation & Divorce Wealth

If you own real estate and want a divorce, you should consult a lawyer. Dividing up marital property is a major part of many divorces. Real estate in particular could be difficult for you to divide because it can’t easily…

What Will Happen to Your Investments and Retirement Plan When You Divorce?

Lifestyle Separation & Divorce Wealth

It is important to understand what will happen to your investments and retirement plan when you divorce. If you have decided to divorce, your marital assets will be divided. This could affect your retirement planning or investment strategy. Depending on…

Divorcing Later in Life: What You Need to Know

Relationships Separation & Divorce Wealth

When divorcing later in life, there are important considerations that you need to know. You may need to think through very different issues for a divorce at a later age than you would for a divorce when younger. Crucial points…

Do You Need a Prenup Lawyer to Sign an Agreement?

Lifestyle Relationships Wealth

If you want a prenup, you need to consult with a lawyer before you sign the agreement. Signing a prenuptial agreement could affect your life and assets many years in the future. Do not sign a form that your fiancé…

Protecting Inherited Assets in a Divorce: What You Need to Know

Lifestyle Separation & Divorce Wealth

If you are getting a divorce, protecting inherited assets from division and distribution to your spouse may be a major concern. When you inherit money or property from your family, you may not want your ex to receive any part…

Economic Stimulus Checks and Child Support

Child Support Lifestyle Wealth

Updated: October 31, 2022 Can Economic Stimulus Checks Be Intercepted to Pay Child Support? The question of economic stimulus checks and how they may be intercepted to pay child support may not be a concern anymore but understanding what other…

Divorce When Most of Your Property Is in Your Spouse’s Name

Lifestyle Relationships Separation & Divorce Wealth

If you’re getting divorced but most of your property is in your spouse’s name, you may be concerned that you’ll walk away with nothing. In addition to the emotions you may feel about the divorce, you have to worry about…

Will Your Spouse Have to Pay You Alimony?

Lifestyle Relationships Separation & Divorce Wealth

Updated: January 25, 2023 When going through a separation and divorce, many people worry about financial support. Money may become a lot tighter without the additional income that your spouse provided. Fortunately, North Carolina law allows some divorcing spouses to…

Divisible Property in North Carolina

Lifestyle Separation & Divorce Wealth

Dividing property during the divorce process can become very complicated and sometimes, contentious. There are different kinds of property that the court must divide between the spouses, including marital property, separate property, and divisible property. If you’re not familiar with…

What Is the Difference Between Alimony and Post-Separation Support?

Lifestyle Relationships Separation & Divorce Wealth

If you are involved in a separation or divorce, you may have questions about receiving post-separation support or alimony. While these two forms of spousal support share some similarities, you’ll want to understand the differences between them too. What Is…

How Divorce Could Affect Your Business

Lifestyle Separation & Divorce Wealth

If you own a business, getting a divorce could have a big impact on it. It’s important to understand the basics of how divorce could affect the business and how to protect yourself. The most important issue is whether you…

Equitable Distribution: Protecting Your Property

Separation & Divorce 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…

Equitable Distribution: Does My Spouse Have Hidden Property?

Separation & Divorce Wealth

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…

Equitable Distribution: Don’t Let Wealth Be Held Against You

Separation & Divorce Wealth

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…

Equitable Distribution: High Net Worth Divorces

Separation & Divorce Wealth

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…

How Equitable Distribution Agreements Work

Separation & Divorce 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…

Modifying or Terminating an Alimony Order

Separation & Divorce Wealth

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…

Alimony and a New Partner

Separation & Divorce Wealth

Alimony payments are intended to financially support dependent spouses after a marriage has ended. These payments recognize the duration of a couple’s marriage, their marital standard of living, the disparity in wealth and opportunity between the spouses, and the numerous…

Five Facts About Alimony

Separation & Divorce Wealth

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…

Dividing Luxury Goods When You Divorce

Separation & Divorce Wealth

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…

Avoiding Money Mistakes after Separation

Separation & Divorce Wealth

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…

Understanding Debt and Equitable Distribution

Separation & Divorce Wealth

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…

Do Alimony Payments Ever End?

Separation & Divorce Wealth

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…

Thinking About Materialism

Lifestyle Wealth

In the past few years, Japanese author Marie Kondo has authored numerous worldwide bestselling books, like Spark Joy and Life-Changing Magic: A Journal. These books present Kondo’s multi-step method of tidying up and de-cluttering your space, which have amassed her a huge and…

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Wealth

Dividing Assets During Divorce: How a Property Division Attorney Helps

Divorce and Dividing Retirement Plans

Divorcing in Today’s Real Estate Market

7 Benefits of Hiring a Child Support Lawyer

Preserving Your Credit After Divorce

Can You Modify Property Division after Your Divorce is Finalized?

Can You Keep Your Inheritance in the Divorce?

Do You Own Real Estate and Want a Divorce? Reasons to Consult a Family Law Lawyer

What Will Happen to Your Investments and Retirement Plan When You Divorce?

Divorcing Later in Life: What You Need to Know

Do You Need a Prenup Lawyer to Sign an Agreement?

Protecting Inherited Assets in a Divorce: What You Need to Know

Economic Stimulus Checks and Child Support

Divorce When Most of Your Property Is in Your Spouse’s Name

Will Your Spouse Have to Pay You Alimony?

Divisible Property in North Carolina

What Is the Difference Between Alimony and Post-Separation Support?

How Divorce Could Affect Your Business

Equitable Distribution: Protecting Your Property

Equitable Distribution: Does My Spouse Have Hidden Property?

Equitable Distribution: Don’t Let Wealth Be Held Against You

Equitable Distribution: High Net Worth Divorces

How Equitable Distribution Agreements Work

Modifying or Terminating an Alimony Order

Alimony and a New Partner

Five Facts About Alimony

Dividing Luxury Goods When You Divorce

Avoiding Money Mistakes after Separation

Understanding Debt and Equitable Distribution

Do Alimony Payments Ever End?

Thinking About Materialism

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