North Carolina Divorce Lawyers Blog

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By Carolyn J. Woodruff, North Carolina Family Law Specialist, JD, CPA, CVA
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I.R.C. § 414(p) and 29 U.S.C. § 1056

Morris v. Metropolitan Life Ins. Co., 751 F. Supp. 2d 955 (E.D. Mich. 2010)

(a) Facts: When the husband and the wife were divorced, the state court divorce decree extinguished all rights held by one in any life insurance of the other.  But the husband retained the wife as beneficiary of his employer-provided life insurance.  Upon his death, the plan paid the proceeds to the first wife, and the husband’s second wife sued to recovery the proceeds. Continue reading →

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By Carolyn J. Woodruff, North Carolina Family Law Specialist, JD, CPA, CVA
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In North Carolina, estate planning can be difficult with the high divorce rate.  Most who are estate planning want the property to go where it is intended.  The gift tax annual exclusion for 2015 is $14,000 per donor per donee.   This means a married couple can, together, give $28,000 to a son.  If they also make a gift to the daughter-in- law, that means $28,000 times two or $56,000 can be transferred from a married couple to a son and his wife, for example.  Great estate planning, but what happens when the donees get a divorce. Continue reading →

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By Carolyn J. Woodruff, North Carolina Family Law Specialist, JD, CPA, CVA
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Molinet v. Comm’r, T.C. Memo. 2014-109, 2014 WL 2573992 (2014)

(a) Facts: A husband and wife were married.  The wife was from Cuba and was admitted to the United States on a fiancé visa.  The husband controlled the marital finances, with minimal input from the wife.  She had access to the parties’ joint checking account, but rarely used it and did not have a good understanding of the United States banking system.  She paid her expenses with a weekly allowance from the husband. Continue reading →

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By Carolyn J. Woodruff, North Carolina Family Law Specialist, CPA, CVA
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In North Carolina, as well as nationwide, family law and divorce cases are filled with bad tax returns.  Let’s face it, generally one spouse handles the finances and the other spouse doesn’t.  Enjoy Santa as the Tax Court finds this husband innocent. Continue reading →

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DanceSport Photography by Alex Rowan

Whether you are in North Carolina or in any other place, your recovery from a stressful divorce, family law, juvenile or custody case is extremely important.  It is important that you recover mentally, physically, emotionally, socially, financially, and spiritually.   This blog will address the grieving process of divorce and then make the “bucket list” suggestion that should assist with mental, emotional, and perhaps physical recovery.  Stay tuned for other blogs on other types of recovery, such as financial. Continue reading →

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Many prospective clients come to us with the question about “what does it really take to win my custody case in North Carolina?”  This raises the interesting question of what is a “win” in custody of a minor child.  “Winning” means different things to different parents.  For some parents, it is quality visitation.  For others, it is primary responsibility for the physical well-being of the child.  For some, it is fifty-fifty or bust!  The goal for all parents should be to keep the best interests of the child as the polar star—a guiding light.  Another valuable goal is to reduce the conflict surrounding the child in this time of change in the family.  A premise of this blog is that both parents are good people and good parents.  Future blogs will address unfit parents, grandparents and social services issues. Continue reading →