divorce settlement agreement

How Does Marital Misconduct Affect Divorce?

Published on: March 15, 2023 | On behalf of Arnold & Smith, PLLC

How Does Marital Misconduct Affect Divorce?

The decision to file for divorce is never easy. Sometimes, a marriage does not go as planned, and you and your spouse are no longer able to make your marriage work. You are not alone because according to the Centers for Disease Control and Prevention (CDC), the divorce rate is about 2.5 out of every 1,000 total population. There were more than 689,000 divorces in 2021. In North Carolina, you can obtain a no-fault divorce. This means that you do not need to prove grounds for divorce other than that your marriage is irretrievably broken. But what happens when one spouse has committed some form of marital misconduct?

What is Marital Misconduct?

What Is Equitable Property Division in North Carolina Divorce?

Published on: March 8, 2023 | On behalf of Arnold & Smith, PLLC

What Is Equitable Property Division in North Carolina Divorce?

When a couple marries, they do not expect that they will get divorced. Unfortunately, many marriages end in divorce. Couples must then divide their property and assets. North Carolina law requires that marital property is divided in an equitable manner in a divorce. This is different from some states that allow for equal distribution. Equitable means that both parties will end up with a fair settlement. An experienced divorce attorney will guide the process and will ensure that you receive a fair distribution.

Marital Property

What Happens to the House in a Divorce?

Published on: February 15, 2023 | On behalf of Arnold & Smith, PLLC

What Happens to the House in a Divorce?

Your home is one of your most important assets and likely the most significant. When you get married, you may dream of buying your home together. Your house holds many memories for you and your family. Your children may not know any other place to live beside your marital home. But what happens when you and your spouse divorce? Which one of you will be able to keep the house?

Certainly, there are many issues that you and your spouse need to resolve during the divorce process and distributing assets, including how to handle the home. A knowledgeable divorce attorney will help guide the process to ensure that you reach an equal settlement.

Which Parent Claims a Child on Taxes After Divorce?

Published on: January 18, 2023 | On behalf of Arnold & Smith, PLLC

Which Parent Claims a Child on Taxes After Divorce?

Many legal issues will inevitably arise when a couple divorces, especially when they have children. When tax time comes around, both parents may wonder whether they can rightfully claim their child as a dependent on their income tax return. The answer may not always be simple, and it may vary from couple to couple. If you are unsure about how to file your taxes, it can be helpful to seek answers from a qualified family law attorney.

Custodial Parent Typically Claims Dependent

Who pays for extracurricular activities in a divorce?

Published on: September 1, 2016 | On behalf of Arnold & Smith, PLLC

Board Certified Family Law Specialist Matt Arnold answers the question: “How much does it cost to get divorced, and how does the billing process work?”

Some of the best Olympians on the world stage are children of divorced parents. Michael Phelps, Ryan Locthe, Gabby Douglas, you name ‘em. In each case, their parents had to figure out not only how to navigate the challenges of co-parenting an Olympic athlete, but how to divide up the costs and burdens of Olympic training. Given that Olympic training, with the coaches, the equipment, the travel, can cost tens and even hundreds of thousands of dollars per year, this can be a monumental undertaking. Thankfully, most divorced couples don’t have to worry about paying to get their kids into the Olympics. On a less extreme level, couples do have to consider how to tackle extracurricular expenses. To learn more about how to go about dividing up these extracurricular costs, keep reading.

Does Reconciliation After Divorce Undo Settlement Agreement?

Published on: January 12, 2016 | On behalf of Arnold & Smith, PLLC

Charlotte Divorce Attorney Matt Arnold of Arnold & Smith, PLLC answers the question: “What does a “No-Fault’ divorce mean in NC?”

Most people think that once a divorce is over, it’s over. After all, you’ve spent substantial time and money trying to undo your ties to another person, why would you continue to have contact once you’re finally free? Sometimes though, things don’t go so smoothly, life’s messy after all, and lengthy relationships can be hard to leave behind. The question becomes, once you start to muddy the water, getting back in touch with an ex after the divorce is already signed and sealed, does that reconciliation undo the terms of the divorce or will the settlement agreement remain in effect? To find out more, keep reading.

Khloe and Lamar example of how a divorce is only final when it’s final

Published on: November 17, 2015 | On behalf of Arnold & Smith, PLLC

Charlotte Divorce Attorney Matthew R. Arnold of Arnold & Smith, PLLC answers the question ” I’m not getting along with my husband. We’ve been married two weeks and it was a mistake. Can’t I just get an annulment?”

As an example of how a divorce is only final when it’s final, Khloe Kardashian and Lamar Odom have decided to withdraw the petition for dissolution of their marriage. The withdrawal comes after Khloe has spent weeks by Lamar’s side after Lamar was found unresponsive in a Nevada brothel last month.