The North Carolina Court of Appeals rendered a decision relating to equitable distribution. In the case of Bodie vs. Bodie, the plaintiff appealed an equitable distrubution order which indicated on its face that it was a final decision on the issue of equitable distribution. Importantly, alimony was still pending at…
According to Getting a Divorce? 5 Ways to Ensure It’s Not a Financial Disaster, the fourth bit of advice is to sell the house or other valuable assets if it is financially prudent to do so. Often times we will see people who want to hold on to the former…
This is the third of five divorce financial tips discussed in the article Getting a Divorce? 5 Ways to Ensure It’s Not a Financial Disaster on Yahoo.com. You should pull your credit reports from all three credit reporting agencies before and during your separation and divorce. There are several good…
Think you’ve seen some unusual divorce settlements in the United States? A recent judgment out of China might take the prize for the most unusual. In December, a judge in China denied a divorcing woman’s claim that she owned half of the “virtual assets” accrued during her marriage. According to…
In this issue of our Charlotte Divorce Lawyer Blog Family Law Newsletter, we take a look at how difficult it can be to divide property in equitable distribution. We also take a look at the legal impact of signing a legally binding document without reading and understanding it. Finally, we…
As reported by the Charlotte Observer, reports coming out this week indicate that Elin Nordegren, the soon-to-be-ex Mrs. Tiger Woods, will receive over $750 million from her husband in their divorce settlement. Although Elin estimated that her legendary golfer husband was worth approximately $1 billion, her attorneys uncovered several additional…
According to an article entitled Five Ways to Save Your Marriage published last week by CNBC, positive financial behavior contributes greatly to the long-term stability of marital relationships. Certainly, this does not come as a surprise to married couples in Charlotte working through these tough economic times. Conversely, and also…
According to a recent report from divorce360.com, Americans who live in the South are much more likely to get divorced than residents of the Northeast. This study, conducted by the Barna Group, reports that 27% of people who were married in the South get divorced, as compared to 19% of…