Articles Tagged with divorce property settlement

14-1024x1024Divorce Settlements in North Carolina

Divorce is known as absolute divorce in North Carolina. Couples who wish to end their marriages must live apart for a period of at least one year prior to the divorce. While couples need to iron out quite a few details, some of the most contentious issues revolve around the distribution of property. North Carolina provides for an equal distribution of marital property, which means that both parties should end up with an equitable portion of their wealth and assets.

Distribution of Finances

Charlotte Divorce Attorney Matthew R. Arnold of Arnold & Smith, PLLC answers the question ” Are overtime, bonuses, and commissions included in calculating child support?”

Contested divorces, in and of themselves, can be taxing on the hearts of spouses, but nothing seems to tax the minds of parties to a divorce action more than analyzing the potential tax implications of a divorce property settlement.

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