In North Carolina, Equitable Distribution (ED) is how property is divided in divorce proceedings. ED can be a complicated process, and much of it relies on timelines and tracing funds. When people get married, a typical occurence is that separate bank accounts are converted to joint accounts. What happens in…
Articles Posted in divorce
Collateral Estoppel Explained
The doctrine of collateral estoppel prevents courts from entering findings of facts or conclusions of law contrary to previous litigation. The issues must be the same. The issue must be raised and litigated. The issues must be material and relevant to the disposition of the prior action, and determination of…
Business Goodwill and the Effect on Value
Stowe v. Stowe, ___ N.C. App. ___ (2020). In North Carolina, Equitable Distribution (ED) is one of the mechanisms by which former spouses separate their personal and real property. What if the during the marriage one party opens a business? Unlike other forms of property, businesses have reputations that are…
Intent Can Confer Unequal Distribution
Montague v. Montague, 767 S.E.2d 71 (N.C. App. 2014) Equitable Distribution (ED) is one of the mechanisms by which former spouses separate their personal and real property. What if the during the marriage one party opens a small business? Businesses are subject to ED, and valuation of a business can…
Celebrities and Family Law
We all know Cam Newton, the football quarterback who used to play for the Carolina Panthers but recently signed on with the New England Patriots. Back in 2011, the football legend was drafted as the first overall pick by the Carolina Panthers. He played countless games right here in our…
Timelines, Deadlines, and Costs in Your Case
You’ve decided to seek a divorce and perhaps to seek child support for your children, or you’re looking at equitable distribution of your marital assets. You’ve researched, met with, and retained your attorney. Now the attorney or a member of the attorney’s staff is calling or sending emails asking questions…
No-Fault Divorce in North Carolina
In the past, married couples had to show that their spouse committed marital misconduct to get a divorce. In a no-fault state like North Carolina, neither party must show any reason for the request for divorce nor show that the other spouse was at fault. N.C General Statute § 50-6…
Simple Divorce? Think Again.
Potential clients often seek an attorney’s help for what they call a “simple divorce.” The circumstances may seem simple because the only claim the potential client wishes to make is one for absolute divorce, thereby choosing to forgo claims for equitable distribution, post-separation support, and alimony. Sounds simple enough, right?…
Court’s Costly Confusion Over Profits and Expenses
Devine v. Devine, (No. COA19-913) (unpublished) Here in Greensboro, business owners are not immune to unhappy marriages. Divorces can be long and complicated messes, especially when the fortunes of the family rest upon the fortunes of the business. Child support and alimony are based partly on the income and expenses…
COVID, Confinement, and Divorce
Attorneys in the Piedmont Triad are seeing an increase in calls about separation and divorce. This increase may be a result of families forced to spend more time together or of instability due to one spouse or the other losing their employment from the COVID lockdowns. Families are experiencing more…