Strategies For Fair Property Division
When a marriage ends, it is easy to attach feelings of stress or anger to the property being divided up. Maybe your partner cheated. Maybe they treated you badly. We understand how these situations can make someone want to take everything their former spouse owns. But unfortunately, North Carolina’s property division laws are not fault-based. Each spouse is entitled to half of all marital property unless you can convince a court that doing so would be inequitable.
At Combs, Bradshaw & Lee, PLLC, we believe in setting our clients up for success. We fight for the future you deserve. Make sure you leave your marriage with your fair share of the marital estate by having an attorney on your side with your interests at heart.
How To Approach Equitable Distribution Of Assets
Property division is often the toughest part of a divorce. You deserve to start the next chapter of your life with a fair share of the property you helped build. But this process requires a skilled approach, both in classifying property and assigning the correct value to it.
North Carolina considers all real and personal property acquired by either spouse during the marriage to be “marital property.” However, an inheritance or similar gift to one spouse is not included in marital property valuation. All marital property must be equitably divided, meaning rather than a 50/50 split a court will divide property in the way that seems most fair.
In many cases, the best way to address property division in a divorce is to go through mediation. This allows both parties to maintain more control over the process. With the help of an experienced divorce lawyer, you can come to an arrangement that positions you for a fresh start.