How do I divide non-marital and marital assets in a collaborative divorce?

When it comes to dividing assets in a collaborative divorce in North Carolina, the focus should be determining the marital and non-marital assets. Marital assets are any assets that you and your spouse acquired while married, such as a house, cars, furniture, investments, and other property. Non-marital assets are any assets that you owned prior to getting married, or received as gifts or inheritance during the marriage. When it comes to property division in a collaborative divorce, both parties should identify and list all marital and non-marital assets and debts, such as bank accounts, investments, furniture, and vehicles. The parties should then work together with their attorneys to determine the best way to divide the assets. This could mean that one person keeps the house and other property, while the other takes a larger share of the retirement or investments, or vice versa. The primary goal is to come to an agreement that works for both parties. In addition to property division, it is important to consider child support and spousal support. In North Carolina, the parties must consider factors such as each spouse’s income, expenses, and standard of living to determine what the appropriate support payments should be. The focus in a collaborative divorce should be to come to an amicable agreement that both parties can agree on.

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How do I divide non-marital and marital assets in a collaborative divorce?

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