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For over two decades, claims for the identification, classification, valuation and equitable distribution of property have become the most complex financial issues that have to be addressed when people separate. And thus, Equitable Distribution has become one of the most challenging areas in family law today.
Equitable Distribution is the process by which the Court identifies, classifies, values and distributes property among two people who are or have been married.
If you and your spouse are able to agree about the division of your property, then your arrangement will be documented with a separation agreement. If you are unable to agree, it will be necessary for you to go to court.
Upon application of a party, the Court shall determine what is the marital property and shall provide for an equitable distribution of the marital property between the parties in accordance with the provisions of this section.
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A woman, upon application to the clerk of court in North Carolina, may change her name to her maiden name, the surname of a prior deceased husband, or the surname of a prior living husband if she has children who have that husband's surname. A man whose marriage is dissolved by decree of absolute divorce may change the surname he took upon marriage to his pre-marriage surname.
|Your Right to Child Custody, Visitation & Support
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"A Plain English Guide to Protecting Your Children"
Author: Mary L. Boland, Attorney at Law
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