Category: Divorce & Separation

Many people assume incorrectly that divorce puts an end to their eligibility for Social Security benefits that they might have received based on their spouse’s work record. But in fact, many divorcees with limited work histories are eligible to receive Social Security benefits when the time comes based on their…

North Carolina is a no-fault divorce state. A couple that wants to end their marriage need only meet a few requirements, file the proper paperwork and appear before a judge to end the marriage. The North Carolina Courts even provide a DIY package online but caution that the packet cannot…

Individuals headed for divorce need to know that their retirement funds, including pensions, may be declared marital property and be subject to asset division during a divorce. If you do not understand how to protect your pension in a divorce, it could cost you tens or hundreds of thousands of…

A divorcing couple that owns rental property must come to an agreement about the disposition of the property. If it is determined to be marital property, it may be sold and the proceeds split or it may continue to be operated jointly. When estranged couples in North Carolina cannot agree…

Many people who divorce are unaware of the fact that, despite the dissolution of their marriage, they may be entitled to collect Social Security spousal benefits based on a former wife’s or husband’s earnings record. As a financial planner for The Motley Fool suggests, many people will get more Social…

Sometimes a client will tell us they were surprised when their spouse told them they wanted a divorce. They may say they knew their marriage wasn’t going well, but they didn’t think things had gone “this far.” But, in truth, if your spouse has taken steps to initiate separation and…

If you have made the difficult decision to end your marriage and divorce your spouse, there are steps you should take to protect yourself financially and emotionally as you begin pre-divorce planning. Separation and divorce are legal procedures, and several concepts specific to North Carolina can make a divorce complicated….

While most people focus on the emotional impact of divorce, it is often the financial impact of a divorce that causes long-term damage and pain. The separation attorneys of Charles Ullman & Associates work to protect our clients’ financial interests as well as to meet their emotional needs as they…

One of the biggest points of contention in many divorces is the division of marital property and financial assets. If there are hard feelings, one spouse may try to deprive the other of their share of the marital property. In other cases, a spouse may think they have a stronger…

If you own a business and are planning to seek a divorce, you are best advised to seek sound legal guidance about the financial effects of the dissolution of your marriage on the business. A divorcing couple that owns a business must come to an agreement about the disposition of…