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Articles Posted in divisible property

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What is a Financial Disclosure in a North Carolina Divorce?

What is a Financial Disclosure in a North Carolina Divorce? When a couple decides to end their marriage, they begin the divorce process. In North Carolina, a couple must live apart for at least a year before they may seek a no-fault divorce. A no-fault divorce is based on the…

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What You Need to Know About Marital Property in North Carolina

What You Need to Know About Marital Property in North Carolina North Carolina is a no-fault divorce state. This means that a couple may seek to end their marriage due to irreconcilable differences. A no-fault divorce is easier and less complicated than divorces that require grounds. While a no-fault divorce…

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Can a Child Choose Which Parent to Live With After a Divorce?

Can a Child Choose Which Parent to Live With After a Divorce? Divorce can create a difficult situation for families. Generally, parents both have legal custody of their children and can make important decisions regarding their health, education, and more. Typically, a child will reside with one parent and have…

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Can a Child Choose Which Parent to Live With in a Divorce?

Can a Child Choose Which Parent to Live With in a Divorce? Divorcing while having children can be challenging and stressful, not just for the parents, but also for the kids. Generally, parents share legal custody of their children after divorce. Legal custody allows a parent to make important decisions…

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What are the Most Common Divorce Mistakes?

What are the Most Common Divorce Mistakes? Divorce is one of the most difficult and emotionally draining times in your life. When you say “I do,” you do not expect the marriage to end. Yet almost half of all first marriages end in divorce. The decision to divorce starts a…

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What Factors Determine Child Support in North Carolina?

What Factors Determine Child Support in North Carolina? When parents’ divorce, they must still care for their children. Generally, parents share legal custody of their children, and they are both able to make important decisions on behalf of their children. Often, children reside with one parent while they have regularly…

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The Engagement is Off – Do I Need to Return the Engagement Ring?

The Engagement is Off – Do I Need to Return the Engagement Ring? The day you get engaged is only eclipsed by your wedding day. Your engagement is the beginning of your new life together and the start of planning for the big day. The engagement ring is one of…

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How is Spousal Support Determined in North Carolina?

How is Spousal Support Determined in North Carolina? When a couple divorces, they must divide their marital property in half. Each party walks away with half of their assets. In some cases, one spouse needs money from the other for their ongoing living expenses. This money is called spousal support,…

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Asset and Property Division in North Carolina Divorce

Asset and Property Division in North Carolina Divorce When a couple divorces, they must review their assets, property, and debts and agree on how they will divide them. This can be a very complex undertaking, especially in marriages that lasted a long time or in a high-asset divorce. Couples need…

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Prepping for Property Division in a North Carolina Divorce

Board Certified Family Law Specialist Matt Arnold answers the question: “How will the judge divide our property?”   Although there is a degree of nobility involved in pursuing a minimalist lifestyle that attempts to obtain as little debt and unnecessary living items as possible, the reality is that for many…

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