A Legal Team Dedicated To Your Asset Division Needs
Property and asset division is one of the unpleasant yet unavoidable tasks of a divorce. Whether your relationship with your former spouse is amicable or contentious, it is in your best interests to have your attorney who can advocate for your needs.
When you need a family law team that you can trust, you can turn to Dobson Law Firm, PLLC, in Raleigh. We are devoted to helping you understand your options so you can make the best decisions for your future. With a roster of three attorneys, you will always have someone available to answer your questions and provide you with guidance.
What Factors Influence Property Distribution?
When ending a marriage, former spouses have the opportunity to reach a private compromise on asset division. Granted, this is not possible for every couple. Some exes do not work together well; others do, but cannot agree on certain assets. In these situations, a North Carolina family law judge will issue a decision. The court’s equitable division order will depend on factors such as:
- Income
- Separate assets
- Debts
- Tax consequences
- Contributions to the marital estate
- Contributions to the marital debts
There is no hard-and-fast formula that the court uses when dividing marital assets. Each spouse and their attorney can request a certain distribution arrangement from the court based on their personal needs. The judge has an immense amount of discretion, so it is crucial to have a lawyer advocating for you in court.
Seek Assistance With Asset Division From Our Legal Team
It is never too soon to hire a lawyer who can help with your divorce. We have the experience and empathy to assist you. In addition, we offer flat fees and flexible payment options to help with your financial strain. Call us at CALL or send us an email to set up a consultation.