North Carolina Divorce Lawyers Blog

Articles Posted in ClientVille

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Equitable distribution can be requested in North Carolina divorces, which means the court will determine the fairest way to divide assets and debts rather than dividing property evenly. The presumption is typically that any property acquired during marriage is considered marital property and therefore is subject to equitable distribution. However, there are exceptions such as inheritance and certain gifts. Continue reading →

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Summer is the best time of year; schools are out, you get to spend time with your kids, and the weather is great! However, the summer months can be tricky for divorced parents since there are often custody agreements to consider. The good news is that there are tons of fun activities in the Triangle that make it easy to create unforgettable memories with your kids. If you’re looking for summer vacation ideas you and your little ones are sure to love, this article’s for you! Continue reading →

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When the world’s third-richest person delays his wedding, people pay attention. Not just to the glitz and guest list, but to the legal mechanics behind the scenes.

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Historically, the husband was considered to be the breadwinner of the household. Even when women began working outside the home, husbands typically earned more money. Since alimony is largely based on the income and earning capacity of spouses, the most common arrangement was for men to pay support to their ex-wives. Not only was this typical of the time, but some states also had alimony laws that only applied to men. Continue reading →

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North Carolina law states that it is presumed that all property acquired between the date of marriage and separation is considered marital property, which includes business interests. When determining the value of businesses, goodwill is often a component of the valuation. This includes intangible assets like brand reputation, intellectual property, customer relationships, and future earning potential. While goodwill is challenging to quantify, it does have value and marketability. Continue reading →

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A Qualified Domestic Relations Order (QDRO) is an order that awards one person the right to receive some or all of another person’s retirement benefits. The person whose retirement account is being divided is known as the participant, and the person receiving the rights to the benefits is called the alternate payee. QDROs are common in divorces because retirement plans are often assets divided in equitable distribution or other distribution of property. Continue reading →

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Fathers Day is a beautiful holiday when your children get to celebrate their dad. You work hard all year long to make sure they’re happy and healthy, and this is a day for them to show you how much they appreciate everything you do. However, if you’re divorced or going through a divorce, these holidays can be challenging. Just because your family looks different this year doesn’t mean you can’t make the most of this special day. Here is a list of the top Fathers Day ideas for divorced dads in the Triad area so you and your kids can have a blast celebrating your day. Continue reading →

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Qualified Domestic Relations Orders (QDROs) are used to divide certain retirement plans and award a portion of the funds to an alternate payee. QDROs are typically used as part of the distribution of assets and property in a divorce, and the alternate payee is typically a spouse or former spouse. However, there are other scenarios in which a QDRO may be used to give someone rights to a retirement plan as an alternate payee. Continue reading →

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Divorce decrees often include terms regarding the division of property, like bank accounts and real estate, but these court orders do not always have the authority to distribute every asset. Typically, a qualified domestic relations order (QDRO) must be used to divide and distribute rights to pension funds and certain other retirement accounts. Continue reading →

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In the case of Hopkins v. AT&T Global Information Solutions Co., the U.S. District Court ruled on cross-motions for summary judgment. The main issue in this matter was regarding the award of surviving spouse benefits to a former spouse rather than a current spouse. Continue reading →