Articles Tagged with Separation agreement North Carolina

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.

Separation-lawyer-in-Charlotte-1024x683When a couple decides to end their marriage, they need to follow the laws of their state. North Carolina has a strict requirement for couples to reside apart for a period of at least one full year before they may proceed with a divorce. This mandatory separation period is necessary in order to seek an absolute divorce in North Carolina. Learn how to meet the separation requirement in order to get a divorce.

Separation Requirement

North Carolina requires couples to live apart with the intention of divorce for a year before they end their marriage. Couples must have different residences during separation. They must not get back together during this time period. If you do get back with your spouse during this time and then later decide again to divorce, the one-year clock starts over. Couples cannot be separated and continue to reside in the same home, even if they intend to divorce.

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