Frequently Asked Questions
We know family law can feel overwhelming—and sometimes, just getting clear answers makes all the difference. Below you’ll find thoughtful responses to the questions we hear most often, designed to help you feel informed, prepared, and empowered as you move forward.
How does equitable distribution work during a high-net-worth divorce in NC?
In North Carolina, equitable distribution involves dividing marital property fairly but not necessarily equally:
- Identifying Assets:some text
- Marital property includes assets acquired during the marriage, such as homes, investments, and businesses.
- Separate property (owned before marriage or acquired via gift/inheritance) is typically excluded.
- Valuing Assets:
Accurate valuation is critical in high-net-worth cases. Professionals like appraisers, accountants, or financial analysts may be needed to assess the value of complex assets like businesses or stock portfolios. - Division Factors:
Courts consider factors like:some text- Each spouse’s income and contributions to the marriage.
- Custodial arrangements for children.
- Tax consequences of asset division.
- Special Considerations:
High-net-worth divorces may involve hidden assets, offshore accounts, or prenuptial agreements, which require skilled legal and financial expertise.
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