When a couple decides to separate and ultimately divorce, all assets and debts that they obtained during the marriage need to be divided. In North Carolina, this process is called equitable distribution. If you have a high net-worth, or assets that you would like to keep protected, there are some ways to protect those assets in case the divorce proceedings become highly contested. This article explains some of the ways that those important assets can be shielded throughout the divorce process.
Protect Your Assets During Divorce
When a couple decides to separate and ultimately divorce, all assets and debts that they obtained during the marriage need to be divided. In North Carolina, this process is called equitable distribution. If you have a high net-worth, or assets that you would like to keep protected, there are some ways to protect those assets in case the divorce proceedings become highly contested. This article explains some of the ways that those important assets can be shielded throughout the divorce process.