Equitable Distribution of Property
Along with resolving child custody issues, reaching agreement on equitable distribution of property can be one of the most difficult aspects of divorce. We will aggressively pursue the most favorable settlement possible for you—as we have done in numerous cases involving millions in assets—working closely with trusted financial experts to build your case. The more you have at stake, the more important it is to work with a financially savvy law firm with excellent connections to other resources.
Our Perspective
North Carolina courts enforce equitable distribution of property, which starts with the presumption that equal or "fifty-fifty" distribution is equitable. However, many factors can enter into equitable distribution and may result in one party or the other receiving a greater percentage of marital assets. Your financial outcome can easily hinge on the skill of your lawyer, through preparation, gathering documents, due diligence and preparing exhibits for trial or mediation.
We will aggressively pursue the most favorable settlement possible for you, as we have done in numerous cases involving millions in assets, working closely with trusted CPAs and other financial experts as necessary to build your case. This means following through with clear purpose in areas such as:
Accurate valuation of businesses, corporate holdings, professional practices and other complex assets;
Dealing proactively with valuation and proposed distribution of 401(k) plans, pensions and other retirement benefit accounts;
Evaluating other complex assets such as real estate, stock shares and options, trusts, offshore bank accounts, vehicles;
Locating the opposing party's hidden assets or income through forensic accounting and a range of legal techniques; and,
Establishing ownership rights to separate property such as gifts and inheritances.
In equitable distribution cases, mediation is mandatory. Mediation is a practical and effective way of coming to terms without going to trial. It is efficient and economical. We have years of experience in resolving cases in mediation. We have worked out equitable property division settlements, as well as, custody arrangements in mediation, saving the parties time, money and emotional strain. When litigation in court is required, our focus is on total preparation and fighting to win.