Charlotte Property Division Lawyers
Serving Monroe, South Park & Matthews, NC
At Krusch & Sellers, P.A., we understand that marital property division is one or the most prominent issues in every divorce. To ensure that you have the best legal representation possible, our Charlotte property division lawyers practice exclusively in the area of North Carolina and have over six decades of combine experience negotiating, litigating and mediating disputes over marital property division as well as debt division.
Some questions that you need to consider prior to seeking spousal support include:
- Who gets the house or will we sell the house — or homes — after the divorce?
- Who pays the mortgage after the separation?
- What will happen to other real estate investments?
- How will we divide our retirement accounts, pensions, 401(k) plans, stocks or other assets?
- Who is responsible for credit card debts?
- What will happen to our family-owned business?
North Carolina Equitable Distribution
The division of property in debt in North Carolina is based upon North Carolina laws of equitable distribution. In brief, equitable distribution follows that property and debt incurred during the marriage must be divided fairly between each of the parties, which does not automatically mean that property and debt will be divided equally.
While North Carolina law presumes that an equal division of marital property and debt is fair, this is not always the case.
Marital property in North Carolina is:
- Property acquired during the marriage
- Assets acquired prior to separating from one’s spouse
- Property that is divided and disturbed following a divorce
Speak with Our Legal Team Today
At Krusch & Sellers, P.A., we know that the rules of equitable distribution provide a lot of leeway for creative agreements or arguments regarding marital property and debt division. We also know that property division can have a tremendously positive or negative impact on a newly divorced person who is establishing a new financial life.
Our Charlotte property division lawyers are very well educated about complex property matters, business interests, debt division and how various assets can best be allocated or divided between the spouses. We also routinely partner with knowledgeable financial planners and tax advisers when necessary to complete the picture in court, or while negotiating, to help you achieve the best division possible.
Compassionate Representation When You Need it Most
If you are considering separation or divorce, it is a wise idea to seek early legal advice from an skilled attorney who is known for resolving disputes over marital property. Whether you need assistance dividing your assets, determining the value of your property, or need additional legal advice, our firm is here to help.
To discuss the specifics of your case, please call (704) 343-8811 at your earliest convenience to speak with a Charlotte divorce lawyer.