North Carolina Divorce Law – Raleigh Divorce Lawyer
Divorce Laws, Forms, Calculators, and Family Law Help
If you and your spouse find yourself having to divide an IBM employee’s retirement incident to divorce, you will want to make sure you know everything there is to know about the process. You’ll want to know what plans are available to IBM employees, the particulars of these plans, and what rules you must follow […]
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Each different type of retirement account has its own unique rules to be followed when being divided. For instance, the way you divide a traditional or Roth IRA incident to divorce is much different from how you would divide a pension, 401(k) or military retirement. There are different rules for defined benefit plans and SEP […]
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Rev. Rul. 59-60, 1959-1 CB 237 — IRC Sec. 2031 (Also Section 2512.) (Also Part II, Sections 811(k), 1005, Regulations 105, Section 81.10.) Reference(s): Code Sec. 2031 Reg § 20.2031-2 In valuing the stock of closely held corporations, or the stock of corporations where market quotations are not available, all other available financial data, as […]
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It often takes a long time for a startup, retail space, or other business venture to become successful. Raleigh and Wake County are no strangers to this, fostering many new startups each year. You may have been struggling to get by during the marriage, but a few years after your separation you start noticing significant […]
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The sad truth is that the entrepreneurial lifestyle can wreak havoc on a marriage. Many entrepreneurs focus most of their time and energy on making their business succeed. Working long hours, spending lots of time away from home, and depleting the marital bank account are just a few factors that may contribute to the dissolution […]
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IRS Revenue Ruling 59-60 provides the fundamental rules for business valuation of a closely held corporation. The stated purpose of the ruling is to “outline and review in general the approach, methods and factors to be considered in valuing shares of the capital stock of closely held corporations for estate tax and gift tax purposes.” […]
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Entrepreneurship is difficult; the entrepreneurial life is a mixture of long hours, high risk and financial uncertainty. Often entrepreneurs end up being the worst spouses, even if they don’t mean to be. In order to make a business venture succeed the entrepreneur has to work long hours, spend a lot of time away from home, and […]
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One of the more difficult items to divide in divorce is a stock option. An option is a specific type of employment benefit in which the employer company gives the employee an option to buy company stock in the future at a discounted or stated fixed price. So rather than simply offering the employee stock […]
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As part of the divorce process, many assets and liabilities will have to be divided between the parties through a process called equitable distribution. Essentially, a court will classify property as either marital or separate, place a value on the property, and then distribute between the spouses. The value used will be the fair market […]
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I was speaking with a friend the other day that recently opened a local bakery. It took him fifteen months to actually open the doors after he started the process. He has also seen his bank account shrink at a rapid pace over those fifteen months. The good news for my friend is that the […]
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