| Asset
division in North Carolina can be complex. The process
of "equitable distribution" is applied by NC courts to
determine what assets are "marital property" and what
factors must be considered for distribution of such
assets. Assets may include real and / or personal
property, retirement plans, etc. that are acquired
during the course of a marriage. It is possible that
separately held property may have an increase in value
during the course of a marriage and that the increase
may also be marital property.
If both parties involved in a separation or divorce
agree as to their assets or property distribution, you
have the legal right to avoid court for asset division.
A separation agreement can be drawn up by your divorce
or separation lawyer, which will assure you that your
assets will be distributed in the manner of your choice.
If asset division is
contested, you may need your attorney to file a
temporary injunction to prevent the disappearance or
conversion of property prior to the court's property
distribution.
The Raleigh, North
Carolina law firm of Charles R. Ullman & Associates
understands the financial repercussions of divorce,
separation and asset division issues. Our attorneys
have experience and expertise in the North Carolina
laws that affect you at this time of turmoil.
Our lawyers know the
rights and the protections that are built into asset
division laws. Contact us at
info@divorcelawnc.com
now. The rest of your life begins now!
You may also contact us
online about your case. Please use our
Family Law
contact form.
Please also see our articles
related to the subject of Asset Division:
> Alimony
> Asset Division
>
PreNuptial
Agreement
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