Equitable Distribution

Equitable Distribution Topics

• What is Equitable Distribution in North Carolina?
• Does Fault Play a Role in Equitable Distribution?
• Who Divides Our Property?
• What is Marital Property?
• What is Separate Property?
• What is Divisible Property?
• What Factors will a Judge Consider in Dividing Property?
• What is an Interim Distribution?

In North Carolina, Equitable Distribution can be the most complex cause of action that may arise between two individuals who are currently parting ways in anticipation of divorce. A spouse must file for Equitable Distribution prior to Divorce in order to preserve his or her right to marital property. In the event that a spouse fails to file for Equitable Distribution in NC, marital property will revert back and become the legal object of the individual whose name the asset is titled in.

Equitable Distribution requires the help of an experienced Attorney due to the multitude of variables that exist in the accounting of assets; classification of whether an asset is Separate, Marital, or Divisible; the valuation of assets; and the proper distribution of each and every asset.

It takes hard work, discipline and sometimes a lifetime to acquire the net worth that you may soon be dividing. It is imperative that you are represented by an individual with not only experience in the Accounting and Classification, but the Valuation of your estate. Mr. Sheehan’s experience goes far beyond acting as an Attorney and representing individuals through an Equitable Distribution lawsuit. In addition to his legal degree, Mr. Sheehan Majored in Finance with a concentration in Managerial Finance, and has worked in the finance industry. With his diverse background, he has a firm grasp on capital markets and understands business and asset valuation.

Call the Law Offices of David P. Sheehan at (704) 222-4752 in Charlotte, NC and be assured that your estate will be protected.