Posts tagged equitable distribution
Financial Shock of Divorce After 50

Research finds that splitting up after age 50 can be far more damaging to emotional and financial health than divorcing at younger ages. Distribution of assets and allocation of support in a divorce settlement can have a major impact on your long-term future.

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Money-Related Conflicts and Divorce

Money-related issues frequently cited as reasons for divorce, including mismatched financial priorities, credit card debt, impulse purchases, financial infidelity, and loss of financial control, are often factors in how final divorce settlements are negotiated or determined in court.

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Equitable Distribution, Part 2: Factors and Local Rules

The assets and debts you receive through the equitable distribution process can lay the foundation for your post-divorce lifestyle and future financial security. There are many factors a judge in North Carolina may consider when distributing a marital estate between parties.

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Equitable Distribution in 4 Easy Steps

One of my goals for 2019 is to sharpen my focus on complex equitable distribution cases.  The identification, classification, valuation and distribution of assets in equitable distribution is a sequential process that I enjoy and understand. 

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Equitable Distribution, Part 1: Classifying Property

North Carolina uses a concept known as “equitable distribution” to divide property between divorcing spouses. There are four types of property that must be identified and classified as part of the equitable distribution process: marital property, separate property, mixed property and divisible property.

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Jim Siemens Included in 2019 Best Lawyers

Jim Siemens has been recognized in the 2019 edition of The Best Lawyers in America. Jim is included in Best Lawyers for his work in the practice area of Family Law.

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Jim successfully defends orders on appeal

The NC Court of Appeals published its opinion this week on a case Jim argued before a special session of the Court in October.  Jim was successful in defending equitable distribution, alimony and child support orders entered in Buncombe County last year.

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Jim Siemens argues before Court of Appeals in Sparta, NC

Jim Siemens traveled last week to the mountain town of Sparta, North Carolina to present an oral argument before the Court of Appeals. The argument was part of a special session celebrating the 50th anniversary of the NC Court of Appeals, holding a session of court in a hometown or county with a special connection for each judge. 

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What to expect when a lawsuit has been filed In your domestic case

Buncombe County is currently one of 13 judicial districts in North Carolina that has a dedicated Family Court system within its District Court division. The primary advantages to filing a legal action in a Family Court district is that the case is assigned to one judge…

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Should I try to settle with my spouse or go to court and let a judge decide?

Once you have made formal arrangements to retain a divorce attorney, usually indicated by signing a fee agreement and paying any required retainers, your attorney will begin work on your legal matters.

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Choosing the right lawyer for your divorce

Going through a divorce that involves claims for child custody, child support, spousal support, and/or division of marital property and debts involves making difficult decisions that can impact your life for years to come.

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Separation & Divorce: FAQs
Divorce: Dividing property