distribution of assets

What Happens to the Family Business in a North Carolina Divorce?

Published on: October 29, 2025 | On behalf of Arnold & Smith, PLLC

What Happens to the Family Business in a North Carolina Divorce?

Divorce can be difficult, but when a couple owns a business, the split-up can make the situation much more complicated. You and your spouse may have worked for years or even decades to develop and grow your family business. With a divorce on the horizon, you need to know what will become of the company. How will the company be divided if you and your spouse end your marriage? A knowledgeable divorce attorney will help guide you through the process.

Distribution of Assets in North Carolina

Dividing Marital Debt in North Carolina

Published on: July 31, 2024 | On behalf of Arnold & Smith, PLLC

Dividing Marital Debt in North Carolina

Going through a divorce can be one of the most challenging things you will ever do. Sometimes, even the most harmonious divorces can turn ugly. This is especially true when it comes to financial matters such as the distribution of assets and distribution of assets. Most couples have at least some debt. When a couple divorces, it can be difficult for them to handle debt alone. It is best to address marital debt concerns as soon as possible. An experienced divorce attorney will guide you through the process.

https://youtu.be/rh-6brVop4E?si=uA8iGIYnutHKWsKG

How Long Does a Contested Divorce Take?

Published on: February 22, 2023 | On behalf of Arnold & Smith, PLLC

How Long Does a Contested Divorce Take?

Going through a divorce can be difficult, but it may be much more challenging when one party contests the divorce. When that happens, the divorce process becomes more lengthy, and it can extend how long it takes to complete the process. In North Carolina, couples must be separated for a period of at least a year before they can move forward with a divorce. Although a couple resides apart, one party may not agree with the divorce or with some of the settlement terms. An experienced North Carolina divorce attorney will help guide the process and assist in resolving disputes.

What is a Contested Divorce?

Debunking Myths Surrounding Prenuptial Agreements

Published on: February 20, 2019 | On behalf of Arnold & Smith, PLLC

Board Certified Family Law Specialist Matt Arnold answers the question: ” Is there some property that the judge cannot divide?”

Prenuptial agreements are more than a plot point in a movie, a line in a song, or the butt of jokes about those marrying above or below their financial status. Prenuptial agreements, often just called “prenups,” are a useful tool that couples preparing for marriage should seriously consider. However, some perceive prenups in a negative light and believe the myths about them permeating pop culture. It is important to gather all of the facts before believing everything you hear about prenups.

Are juries used in divorce trials?

Published on: October 13, 2016 | On behalf of Arnold & Smith, PLLC

Board Certified Family Law Specialist Matt Arnold answers the question: “What is an Absolute Divorce?”

For those only passingly familiar with the judicial system, it can be confusing to understand the process of a family law case. You may have heard that everyone has a right to a trial by jury, which would seem to indicate that the same is true when it comes to a divorce. Unfortunately (or fortunately, depending on your perspective), this doesn’t always apply across the board. To learn more about when and where juries can be used in a family law context, keep reading.