Property Division

Property Division

Division of marital property can be among the most contentious aspects of a divorce. In every case it is necessary to identify and value all of the assets owned by each spouse, whether jointly or individually.

The true value of assets such as business interests, pensions and real estate can become a complicated matter requiring the services of expert witnesses. In North Carolina, the division of property between the parties will be equal unless the court determines that an equal division of property is not equitable.

At Gottholm, Ralston & Benton, PLLC, in Statesville, North Carolina, we have extensive experience helping individuals navigate the complex matter of dividing assets.

Be proactive in protecting your rights. Individuals who bring significant assets into a marriage are wise to protect those assets through a prenuptial agreement. We help parties define in advance their rights and obligations with respect to the division of property and, in some cases, the payment of alimony in the event of a dissolution of marriage.

Mooresville Equitable Distribution Lawyer

Our attorneys have the background necessary to identify the issues and factors involved in equitable distribution of marital property. In some instances, it is necessary to hire financial experts to perform complex valuation tasks.

North Carolina statutes define marital property as real and personal property acquired by either spouse or both spouses during the course of the marriage and before the date of separation of the parties, except property determined to be separate property or divisible property.

Separate property is defined as all real and personal property acquired by a spouse before marriage or acquired by a spouse by bequest, devise, descent or gift during the course of the marriage.

We make every attempt to help our clients arrive at a fair and equitable distribution of assets through negotiations. If a fair settlement cannot be reached, however, we are trial-tested lawyers who stand ready to fight for your rights in court.

If you want to meet with one of our Statesville property division lawyers, call 704-878-0757 or use our contact form to schedule a meeting.