Property Settlement

Who Should Get the Family Dog?

Many people consider their pet as a member of their family, not just personal property. Consequently, when couples split up, there are sometimes disagreements as to which party should take possession and responsibility for the family pet. In North Carolina, dogs, cats, horses and other animals are considered personal property,...

Dividing the Household Furniture

Almost all couples have household furniture and other furnishings that they divide when they separate. Household furnishings that are marital property are subject to valuation and distribution like any other marital asset. In valuing household furnishings for purposes of division, North Carolina state laws require the court to use the...

Should I get a prenuptial agreement?

A prenuptial agreement, also referred to as a premarital agreement or ante-nuptial agreement, is a contract entered into between two parties contemplating marriage. The agreement becomes effective upon their marriage. The term “prenuptial agreement” often conjures up images of an instrument used by one spouse to protect their income, wealth,...

Who should get the marital home?

When parties separate and begin the process of dividing their marital property, one of the assets they are likely to deal with is their marital home. In North Carolina, in a typical equitable distribution case, there are normally three options for disposing of the marital home. Those options are: 1....