Posts tagged marital debt
Equitable Distribution, Part 2: Factors and Local Rules
Equitable Distribution, Part 2: Factors and Local Rules

The assets and debts you receive through the equitable distribution process can lay the foundation for your post-divorce lifestyle and future financial security. There are many factors a judge in North Carolina may consider when distributing a marital estate between parties.

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Equitable DistributionJim SiemensSiemens Family Law GroupJim Siemens, Siemens Family Law Group, equitable distribution, family law, family court, Buncombe County Family Court, separation, divorce, divorce lawyer, divorce attorney, property settlement, separate property, marital property, marital estate, marital home, marital debt, mixed property, divisible property, ED Inventory Affidavit, Equitable Distribution Inventory Affidavit, North Carolina, retirement, business interests, property valuation, business valuation, Separation and Property Settlement Agreement, Buncombe County, mediation
Equitable Distribution, Part 1: Classifying Property
Equitable Distribution, Part 1: Classifying Property

North Carolina uses a concept known as “equitable distribution” to divide property between divorcing spouses. There are four types of property that must be identified and classified as part of the equitable distribution process: marital property, separate property, mixed property and divisible property.

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Equitable DistributionJim SiemensSiemens Family Law GroupJim Siemens, Siemens Family Law Group, equitable distribution, family law, family court, Buncombe County Family Court, separation, divorce, divorce lawyer, divorce attorney, property settlement, separate property, marital property, marital estate, marital home, marital debt, mixed property, divisible property, ED Inventory Affidavit, Equitable Distribution Inventory Affidavit, North Carolina, retirement, business interests, property valuation, business valuation, Separation and Property Settlement Agreement, prenuptial agreement, postnuptial agreement, divisible debt
Divorce: Dividing property
Divorce: Dividing property
Equitable Distribution, Separation & DivorceJim SiemensJim Siemens, Siemens Family Law Group, divorce, property settlement, equitable distribution, divorce judgment, separate property, marital property, divisible property, divorce attorney, non-statutory property, N.C.G.S. 50-20(b)(4)a, N.C.G.S. 50-20(c)(11a), N.C.G.S. 50-20(b)(4)c, N.C.G.S. 50-20(b)(1), N.C.G.S. 50-20(b)(2), distributional factor, transmutation, classification, marital property presumption, marital gift presumption, McLean presumption, marital debt, divisible debt, N.C.G.S. 50-20(b)(4)d, N.C.G.S. 50-20(f), post-separation support, alimony, acquired property, Rules of Civil Procedure, source of funds principle, tracing, North Carolina Court of Appeals, Judge K. Edward Greene, The Language of Equitable Distribution, family law, separation