In North Carolina, joint assets are distributed equitably in a final divorce settlement. If an item is considered to be a separate asset, whoever owns it at the time of the divorce is typically allowed to keep it. There are three common scenarios in which an asset...
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Month: March 2021
Divorce for older couples
Gray divorce is the term used to describe the high divorce rate for couples over 50 who have been married for decades. While the overall divorce rate is decreasing in North Carolina and throughout the US, more older couples are deciding to end their marriages for a...
How divorce affects school choice
As North Carolina parents maneuver the many decisions regarding their children during a divorce, one of the ones that might lead to a deep divide is that of school choice. Where children will go to school, from preschool to college and who will pay for this can become...
What will happen to a business during a divorce?
Divorce is not an easy process for people in North Carolina. The couple had been sharing one life throughout the marriage. This includes sharing a home, finances, often times have the same health insurance, car insurance and also live together with their children....
How to tell your kids about an upcoming divorce
Telling your children about an upcoming divorce can be one of the hardest parts of ending your marriage. However, it is important that you are as honest as possible about the changes that your family will be experiencing. As North Carolina law typically allows both...
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