Property Distribution

Greensboro Property Division Lawyer

Throughout the divorce process, it is important to ensure that the issue of asset and property division is fully addressed. In North Carolina, assets, property, and liabilities are to be divided equitably. To fully understand the concept of equitable distribution and how it affects your specific situation, please feel free to enlist my services. I am Bonnie Rossi, Attorney at Law and I am dedicated to helping my clients understand their rights under the North Carolina equitable distribution laws.

"Equitable distribution" does not necessarily mean a 50-50 split of the marital estate. However, depending upon the circumstances, the courts may split the martial estate, including bank accounts, in equal halves once all debts are removed. It is very important to understand that all debts, including loan debt are also assessed and divided equitably between the parties.

Established by legislature, there are 13 statutory factors that the courts are obligated to consider when determining division of marital property. Some of these factors include:

• Income, property and debts of the parties
• Support obligations from prior marriages
• Length of the marriage
• Age and health of each party
• The needs of the custodial spouse to own or possess the marital home place and household effects
• Tax consequences

Upon meeting with you to discuss your specific situation, I can provide you with an accurate assessment of the matter and help you understand how these factors may influence the division of property in your case. I also work alongside other professionals whose services you may employ, such as an accountant, to ensure that you are comprehensively protected.

Contact a division of property attorney today. I, Bonnie Rossi, Attorney at Law, thoroughly inform my clients of their rights and educate them on the legal ramifications of their decisions. A reduced rate initial consultation is offered along with flexible appointment times. Please call (336) 509-0183.