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Asset Division

Doctors may face unique divorce issues

Doctors and their spouses to some extent will deal with the same issues as any other North Carolina couple if they are going through divorce. However, divorce in many ways presents some unique issues for doctors. Doctors may need help dividing their professional...

Keeping the business out of divorce

It is a sad reality that almost half of all marriages end in divorce in the United States. For the spouse who runs a business or is a majority shareholder, a divorce proceeding can spell trouble if the business is drawn into the divorce settlement. Business owners who...

How to split your retirement plan when you get a divorce

North Carolina residents who are undergoing a divorce know that they will need to split up all of their marital assets. Most residents have a retirement account that they have contributed to during their marriage. Depending on the type of retirement account that you...

Common examples of separate property

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...