Family court judges are charged with the responsibility of categorizing assets and debts, determining their value, and distributing them in a fair, equitable manner.
That’s how Equitable Distribution works in North Carolina.
And while that may seem rather straightforward or even obvious, such matters can be deceptively complex.
Will Jeff Bezos still be the “worlds richest man” after getting divorced? Maybe. A lot depends on whether Bezos and his wife executed a contract that is often referred to as a Prenup or Pre-Nuptial agreement.
Of course, Jeff Bezos may not have been the world’s richest man in the first place. It’s likely he was a part of the world’s richest couple.
All the money earned at Amazon probably isn’t “his.” Instead, it’s reasonable to assume the billions from Amazon is theirs.
Who gets Fido?You might be surprised what causes hang-ups in separations and divorce. Sometimes even deciding whether to separate involves consideration of factors that may seem unimportant, if not frivolous to some.
The other side of the coin involves assumptions about what’s fair or what the divorce laws in North Carolina say.
North Carolina Family Law Updates