Asset Division

John Paulson accumulated one Wall of Street’s largest fortunes after betting against the US housing market in 2018. However, it now appears a large chunk of his estate could be heading out the door. The 65-year-old has filed for divorce from his wife of 20 years,...

When a couple builds a life together, securing a lifelong union together through marriage, they rarely think about not being together. Nonetheless, couples in North Carolina and elsewhere decide to end their forever through divorce. No matter the reason for ending a...

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...

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...

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...

North Carolina does not have any state guidelines concerning the amount of spousal support, or alimony, that a dependent spouse can receive after a divorce. This leaves a lot of leeway when dividing assets and setting up spousal support. When does alimony end? Alimony...

A divorce is often one of the most difficult processes a person can go through. It can be emotionally, mentally and financially draining, and it can raise a lot of questions about the division of assets and liabilities. People who are going through a divorce in North...

Divorce in North Carolina and across the country is a family law process replete with nuance and complexity.That begins with flat-out state-by-state variances in the relevant laws and procedures relevant to marital dissolution. Although there is certainly common...