Recent Posts in dividing assets Category
-
Dividing Property In Divorce - How Does it Work?
Posted By Attorney Lynn MontgomeryContinue Reading
If you are separated from your spouse or thinking about separating from your spouse, you need to begin planning for the division of your marital assets and debts. Any property acquired during your marriage will be considered marital (except property acquired by gift or inheritance to only one spouse). Any debts acquired during your marriage will also be considered marital, so long as the debts ...
-
House...Pensions...Debts
Posted By Montgomery Family LawCan I keep it? Must we split it? What should we do about the house? Divorcing spouses often assume that they must sell the marital home and that the sale must be completed before the divorce can be finalized. Neither of these assumptions is accurate. In fact, there are a number of options for allocating, dividing, or disposing of the family home. A sale of the property is the option that will ...Continue Reading -
Are Retirement Accounts Considered Marital Assets in a NC Divorce?
Posted By Montgomery Family LawWhen going through a divorce in North Carolina, one of the most common questions people have is “what will happen to my retirement accounts?” Tangible items such as cars and personal belongings are typically easier to divide because what is “marital” or “separate” property typically depends on when that property was obtained. Retirement accounts, however, can be part marital and part separate, ...Continue Reading
Page
1 of 1