Articles Tagged with Mecklenburg County Family Law

Couple's prenuptial agreement on a desk with wedding rings, legal documents, and asset protection books beside the Arnold & Smith PLLC logo.Five Reasons to Have a Prenuptial Agreement

A prenuptial agreement is a contract that you and your fiancée enter into prior to your marriage. Many people dismiss a prenuptial agreement because they associate it with negative connotations or for other reasons. However, a prenup is a useful agreement that provides clarity and definition on issues for couples before they take their wedding vows. Here are five important reasons to put a prenuptial agreement in place before you get married.

A Prenup Gives Couples Financial Transparency

talking-to-children-about-divorce-1024x683Talking to Your Children About Divorce

The decision to divorce is one of the most difficult you will ever make. When you have children, it makes the decision that much more challenging. The way you handle your separation and divorce with your kids could impact them for years to come, so you will want to take steps to make the situation as stress-free for them as possible.

Be Proactive

Divorce-preparation-checklist-with-financial-documents-legal-symbols-wedding-rings-and-family-photo-representing-asset-division-and-parenting-planning-1024x683When you decide to end your marriage, you are likely facing a lot of stress and trepidation. You are unsure of how to proceed, yet you know you need to protect yourself through the process. In North Carolina, property that is obtained during the marriage is to be distributed in an equitable distribution, generally in a 50-50 manner. There are some things you should begin working on as soon as you separate, or before. A knowledgeable divorce attorney will help guide the divorce process.

Locate Financial Statements

One of the most important things you can do as you begin the separation and divorce process is to understand your marital finances. Print and gather all the documentation related to bank accounts, loans and mortgages, credit cards, retirement accounts, and more. This data will be critical when dividing assets.

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