It is likely that you and your spouseacquired many assets during your marriage. A home, cars, furniture, stocks and pensions are examples. In a divorce, these marital assets will need to be divided. In North Carolina, this division can be done in one of three ways: ...
But there is a way to divide assets on a tax-deferred basis. It’s a good idea to always speak with a qualified tax advisor to understand and evaluate these tax considerations. How divorce can affect life insurance There are some types of life insurance that may be considered as part ...
Learn how are assets divided in a divorce. And what you and your spouse can do to maintain control over your divorce asset split. Start Reading Can Living Together After Divorce Work? Yes! Here’s How. There are challenges and benefits of living after divorce. Learn what they are and how...
How Are Assets Divided In A Divorce? What Do You Need To Get Started With The Divorce Process? How Does The Court Determine Who Gets The Custody Of Children After Divorce? Will You Get Spousal Support After A Divorce? How Does The Court Determine Child Support?
Ralston, Karina
An asset division divorce, or one where there is property and assets to be divided—such as a long term union, can become swiftly acrimonious when there is a disagreement about what is fair. When the asset distribution in divorce is placed into the courts hands, one of the first things ...
marital assets are generally divided equally between the parties, while in equitable distribution states, assets are divided based on what the court deems fair and just. Other factors to consider when dividing home equity in divorce include the value of the home, any outstanding mortgage debt, and...
Being a divorce lawyer in Hong Kong, I often need explain to clients the law on the distribution of matrimonial assets and maintenance on divorce in Hong Kong. Actually, adjustment of matrimonial assets and maintenance are generally two related aspect of one issue, which means the transfer of ...
There’s some advice to protect assets in divorce. To limit the monetary pain of a divorce, move through the process deliberately with help from a financial adviser, accountant and an attorney. Make sure to account for everything, not just current funds and non-cash assets. That includes ...
The cash value from a life insurance policy represents part of yournet worthas a couple. The most equitable thing to do is to list the life insurance policy, including its cash value,among the marital assets to be divided. In a divorce in which assets are divided evenly, this means each...