If you’re facing a divorce in North Carolina, “equitable distribution” is likely to be one of the first legal terms you hear. Equitable distribution refers to how property is divided between spouses during a divorce. “Equitable” doesn’t necessarily mean “equal.” Instead, the court divides property in a way that is deemed fair. The court consults a list of factors when deciding what constitutes a fair and equitable distribution of property. The distribution of assets plays a major part in any North Carolina divorce. This is why it’s in your best interest to work with a trusted Raleigh divorce lawyer to handle your case in the best way possible. Common Questions About Equitable Distribution in North Carolina Understandably, people often have questions about equitable distribution and what it means for their case. Since the court will decide how to divide the couple’s assets and debts. Should the parties be unable to settle ED out of court, this decision will … [Read more...]