In almost every
divorce
there are usually varying amounts of assets, properties, and belongings
that are acquired during the course of the marriage, and must be divided
between the spouses.
This process of property division, which is also known as
equitable distribution
, involves the fair and equitable division of the marital property based
on many factors about the marriage, the divorce, any existing
prenuptial agreements
and the behaviors and financial situations of each spouse. While it is
called an “equitable” distribution of property, this does not
necessarily mean that the monetary value of property is split 50/50 between
each spouse, but rather that the court determines how the distribution
will benefit each spouse during the change from the divorce.
For instance, in many cases where children are involved in a divorce,
the court may divide more monetarily valued property, including a house,
to the custodial parent in order to ensure that those children continue
to have a safe, healthy and happy environment. In these types of cases
the needs of the children are generally first and foremost in the mind
of the court, and after their needs are met, the rest of the property
is distributed based on many other factors including each spouse’s
financial state and contribution to the marriage.
If you are involved in a divorce it is very important to have a skilled
attorney on your side during this process. At the Raleigh Law Firm we
have the years of experience and legal knowledge that are vital to defending
your rights as a spouse, a parent and an individual. We can examine your
case and will put forth the best case we can to make sure your interests
are protected.
Contact a Raleigh divorce attorney at our firm today to schedule a consultation regarding your
family law matters.