If you are concerned about equitable distribution during your divorce, call our team to get the top-notch representation you need.
In a divorce, equitable distribution refers to how your marital assets will be divided between you and your partner. Here in North Carolina, the courts will divide your property assets in a manner that it deems equitable or fair for the both of you. Our team at the Law Office of Janice V. Coulter has extensive experience in divorce law, and we are here to answer your questions about this topic and provide the top-notch representation you need to achieve the best outcome.
Equitable distribution does not always mean an even 50-50 split between both partners, as there are a variety of factors that impact what qualifies as an equitable share. These factors include the past efforts of the spouses, as well as their future needs. In addition, the courts also have to take the type of property into account–specifically, whether it is marital, divisible, or separate property. (Only the first two can be divided at the time of divorce.) In most cases, the property that the courts look at in equitable distribution includes real property like the family home, personal property such as jewelry, and intangible property such as income and benefits. Additionally, debts are treated as property and also divided between the spouses as part of this process.
Our team is proud to serve the Matthews, North Carolina community, and we want to help you get the best possible outcome from the equitable distribution process. If you are looking for the right lawyer to represent your interests in your divorce, just give us a call.