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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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Dividing the Property is often one of the biggest issues in divorce. Property Distribution can be decided by a judge or by an agreement put into place by you and your spouse. In this [click to continue…]
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§ 50-21. Procedures in actions for equitable distribution of property; sanctions for purposeful and prejudicial delay (a) At any time after a husband and wife begin to [click to continue…]
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§ 50-20.1. Pension and retirement benefits (a) The award of vested pension, retirement, or other deferred compensation benefits may be made [click to continue…]
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§ 50-20. Distribution by court of marital and divisible property upon divorce(a) Upon application of a party, the court shall determine what is the marital property and divisible property and [click to continue…]
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Property Distribution in North Carolina is often by agreement of the parties in the form of a property settlement. If it becomes necessary to seek a court ordered property distribution the parties [click to continue…]
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