In distributing marital property, the court conducts a three-step analysis. Only the parties’ marital property, which includes both assets and debts, is to be distributed. [click to continue…]
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Articles
The rights to equitable distribution (“ED”) of marital property vest at the time of the parties’ separation. The rights to ED are not, however, automatic, but must be specifically asserted by one or both of the parties. [click to continue…]
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Since property settlements can be very complicated, a lawyer can help you decide which of your belongings are marital property and which are separate property, and advise you as to how the court will divide that property. A lawyer will also be able to assist you in drafting a separation agreement in order to document your arrangements with your spouse. A lawyer might also be able to help you plan matters where timing is important. [click to continue…]
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Cabarrus County local rules implementing settlement procedures in Equitable Distribution and other family financial cases.
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The exact attorney fee will vary with the services you require. Many law firms charge their clients a certain fee per hour. It is difficult for these attorneys to accurately predict the cost or your fee because they do not know precisely how much time it will take to complete your case. [click to continue…]
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