Equitable distribution in North Carolina refers to the division of marital property in a divorce. It can be one of the most hotly disputed, potentially contentious aspects of family law litigation in Charlotte.
In part that’s due to disagreements over what is marital property vs. separate property and the value of real property or other assets at issue.
“We’re generally not talking small sums of money. Life savings and assets, collected during the period of marriage, add up. ED claims can be extraordinarily complex because marriage is complex.”
– Bill Powers, Divorce Lawyer Charlotte NC
Put simply, what you think to be entirely reasonable may be the polar opposite of what someone else thinks. It can be hard dividing things up. Marriage, by its very nature, entangles assets.
Emotions and hard feelings, coupled with large assets, can easily cause things to go sideways. Pulling a marriage apart, even in the best of circumstances, is hard.
Add to that marital unfaithfulness, psychiatric issues, substance abuse, or issues over child custody, and it can become a recipe for divisive, protracted litigation.
Mind you, it need not be that way. The better option is to try to set emotion and aside and make the best of a bad situation.