Educating Clients About Property Division And Equitable Distribution
The value of the marital assets and the length of the marriage are both proportionate to the complexity of the property division process. In any case, it is important that you have an experienced, knowledgeable attorney at your side who can help you determine the value of your marital assets and divide them fairly.
At Miller & Audino, LLP, our Greenville, North Carolina, lawyers have more than 50 years of experience helping a variety of family law clients as they navigate the complex divorce process. Working in a highly detailed and efficient manner, we are able to help our clients understand the difference between marital and separate property.
What Is Subject To Equitable Distribution And Division?
North Carolina is an equitable distribution state. It is important to note that equitable does not mean that your property and assets will be split perfectly down the middle, but they will be divided fairly and as equally as possible. There are approximately a dozen factors that determine how your property will be split.
The types of assets and liabilities that are to be divided can include:
The process for valuing marital assets, including the business valuation process, can be confusing not only for an individual facing a divorce, but also for an inexperienced attorney. Due to our decades of experience in family law, our clients can trust that we are leaving no stone unturned as we help them pass through this important process.