Dating while seperated in north carolina
However, the divisible property allows the court to “lock in” the value of assets at the date of separation and treat any changes in asset value or new income as separate assets and consider them based on their value at the time of the trial.
To see why this matters, consider a couple that owns a 0,000 home together and then separates and divorces.
This is one of the reasons why it’s especially important to work with an experienced family law attorney if you’re going through a divorce in North Carolina — having a knowledgeable advocate on your side can make a big impact on the outcome of your property division.
The actual process of property division can take some time, as the court has to identify all of the property owned by both parties, classify it into one of the three categories, and then assess the property’s value before it can be divided.
To help, we’ve composed a quick guide to the legal logic behind property division during a divorce.
North Carolina is an equitable distribution state, which means that the courts here have significant leeway to alter the “standard” fifty-fifty split of assets if one or the other spouse can make a compelling case that it’s fair to do so.
This is why you should always consult with an experienced family law attorney who has knowledge of the local courts in your area if you’re going through or facing a divorce.At Myers Law Firm, we know that divorce is hard on everyone involved.That’s why we approach each family law case with compassion.In North Carolina, legal separation occurs on the date that husband and wife move into separate residences, with one having the intent to continue living separate and apart.
Husband and wife cannot continue to live together in the same home and be separated. Legal separation is often a precursor toward divorce, as divorce can be obtained after one year and one day of separation in North Carolina.Distribution by court of marital and divisible property.