Divorce proceedings can be distressing, but the situation can become hostile once the division of property is determined. Like most states, North Carolina is an equitable distribution state. The term “equitable distribution” evokes straightforward division; however, there is a myriad of complexities, such as devalued or hidden assets, as to how the court determines allocation. A divorce attorney can uncover and evaluate assets and advocate for fair distribution.
North Carolina is also a no-fault divorce state, meaning neither spouse needs to prove or blame the other spouse for the cause of the divorce. So, if adultery was the cause of marital demise, it still will not have any merit in equitable distribution.
Three Types of Property
In North Carolina, legal separation begins on the date a spouse moves out of the family home. A written agreement or court decree is not necessary to verify that the separation is legally binding. Acknowledgment of the date the spouses reside in separate homes is crucial as it determines what is divisible property. North Carolina categorizes property as separate, divisible, and marital.
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