Distribution of Property
North Carolina Property Division Attorneys
In the divorce process, one of the most important steps is dividing marital property and debts. For some situations, such as that of a young couple with few assets and debts, this can be straightforward. In other cases, such as one involving a marriage of many years or where the assets include a family business, property division can become very complicated.
At Stiller & Disbrow, we have extensive experience in all types of property distribution matters, ranging from the simple to the very complex. Our North Carolina divorce attorneys understand how to achieve fair and practical divisions. Whether these come through negotiation, mediation, or litigation, you can be assured that we will work to protect your rights and interests throughout the entire process.
Separate vs. Marital Property
Property acquired during a marriage, whether acquired jointly or individually, is considered marital property, which under North Carolina law must be distributed in an equitable way. One important exception is property inherited or obtained by bequest, which is considered separate property.
The longer a marriage lasts, the more difficult it usually becomes to identify which is which. Financial assets such as pension rights, 401(k) accounts, IRAs, stock options, and other assets can pose difficult legal questions.
The attorneys at Stiller & Disbrow have a comprehensive understanding of North Carolina laws that govern property division. We can provide you with guidance and representation designed to protect your property rights.
Complex Property Settlements
Stiller & Disbrow have helped numerous clients achieve equitable distribution settlements in cases presenting complex property division issues such as those involving family-owned businesses. To fairly measure the value of these businesses and the spousal contributions to their value, we employ forensic accountants and financial analysts who can provide guidance in these matters. We are also skilled at identifying hidden assets and hidden value within an asset. When necessary, we seek a court injunction prohibiting the sale or disposal of assets that we believe rightly belong to our client.
For an initial consultation with a North Carolina divorce attorney at Stiller & Disbrow, call toll-free 1-800-750-4030, or contact us online.