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.
Read MoreBray Creech, a local financial planner with Joel Adams and Associates, recently wrote an article I enjoyed in the Asheville Citizen Times about divorce and Social Security benefits, specifically the potential advantages of receiving benefits based on an ex-spouse’s earnings record.
Read MoreThe 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.
Read MoreNorth 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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