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Montgomery Family Law
Resource Center > Family Law Glossary

Family Law Glossary

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z #

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Emancipation: The point at which a minor comes of age. The age is typically 18 or 21.

Encumbered: When a lien, mortgage or other restraint is placed against a property.

Entrepreneurial Profit: A market - derived figure that represents the amount an entrepreneur expects to receive in addition to costs; the difference between total cost and market value.

Equitable Distribution: The fair, but not necessarily equal, division between former spouses of property acquired during the marriage.

Equitable Division: A system of dividing property acquired by spouses during their marriage in connection with a divorce proceeding.

Equity: The net proceeds from the sale of a home, minus the fees of the solicitor and the real estate agent and the satisfying of the mortgage.

Estate: A right or interest in property or the property of a deceased person.

Evaluation: A study of the nature, quality, or unity of a parcel of real estate or interests in, or aspects of, real property, in which a value estimate is not necessarily required.

Evidence: Documents, testimony or other informational material offered to the court to prove or disprove allegations in the pleadings.

Ex-Parte: Court relief that is granted due to the absence of opposing party.

Executed: Carried out according to the terms of an agreement.

Exhibit: An item of evidence presented to the court.

Expectancy: Future proceeds from an estate.

Expert Witnesses: A professional used to help a judge reach a decision. Experts can include: Appraisers, Counselors, Evaluators, and Accountants.

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The contents of this web site relate only to North Carolina Law. Charles H. Montgomery and Scott Montgomery are licensed to practice only in the State of North Carolina. Charles H. Montgomery is a Certified Specialist in Family Law. Certification as a Specialist in Family Law is regulated by the North Carolina State Bar. Montgomery Family Law is located in Cary, North Carolina. Montgomery Family Law does not seek to represent you based upon your visit or review of this website.

The materials included on this website are not intended as legal advice. Readers should not act upon information contained in this website without professional legal counseling.

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