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Charlotte Property Division Lawyers

Protecting Your Financial Interests During a Divorce

When going through a divorce, one of the most important aspects to consider is the division of property. At Blood Law, our Charlotte asset division attorneys understand that property division can have a significant impact on your financial future. We are dedicated to protecting your interests and ensuring a fair distribution of assets during a divorce.

Our team will work closely with you to:

  • Evaluate the value of all marital assets: We will conduct a thorough analysis of your assets, including real estate, investments, retirement accounts, and personal property, to determine their worth.
  • Assess separate property claims: In some cases, certain assets may be considered separate property and not subject to division. We will carefully review your situation to identify any separate property claims.
  • Negotiate a fair settlement: We will advocate for your rights and negotiate a settlement that takes into account your financial needs and goals.
  • Handle complex property division: If you have high-value assets, business interests, or complex financial holdings, our attorneys have the knowledge and expertise to navigate the complexities of property division.
  • Advocate for your rights in court: If a fair settlement cannot be reached through negotiation, our lawyers are prepared to advocate for your rights in court. We will present a strong case on your behalf and fight for a favorable outcome.

By working with Blood Law, PLLC, you can have peace of mind knowing that your financial interests are being protected during the property division process.

Concerned with how your property will be divided during your divorce? Contact us online or at (704) 286-0570 to speak with a property division lawyer in Charlotte.

Understanding Property Division

It is important to understand what can be divided during the property division process. While you may want to hold onto as many assets and possessions as possible, understand that loss is part of the process. To understand what you may have to divide, you will need to know the difference between marital property and separate assets.

Separate Property

If you owned any property prior to the marriage, have inherited property, or have received a gift from someone besides your spouse, those items are called separate property and will not be divided in the divorce process. 

Marital Property

If you and your spouse purchased any property, inherited any property, or bought gifts for each other while married, these are considered marital property and will be divided in the divorce process.

Divisible Property

Divisible property includes property that was acquired after the date of separation, passive income generated by marital property, and post-separation increases in marital debt.

How a Judge Determines Property Division: Equitable Distribution

In the event you cannot agree with your spouse on matters regarding property and asset division, a judge will need to do so for you. 

When family court judges rule on property division issues they apply a principle of law known as equitable distribution. This requires them to divide a couple’s property in a way that is fair and equitable. This does not mean that property is always divided equally. 

To make these determinations, certain factors are considered, including:

  • The duration of the marriage
  • The liquidity of the marital property
  • The age and health of each spouse
  • The income, debts, and assets of each spouse (at the time of the divorce)
  • The child custody arrangement
  • If one spouse made financial contributions to support the other’s education or career

Debt Distribution

To claim that debt is marital, and therefore subject to being divided between both spouses, the spouse claiming marital debt must prove that the debt was:

  • Acquired after marriage but before the date of separation
  • Incurred for the benefit of both spouses

If you are facing a divorce or other family law matter and need assistance navigating property and debt division, it is important to have an experienced Charlotte property division attorney to help protect your rights and provide you with guidance.

Who Gets the House in a NC Divorce?

Before a North Carolina judge will determine this, he or she may evaluate whether the home is a marital asset, separate asset, or a mix of both. 

If the house is considered marital property, meaning the couple was married during the purchase, there are three common scenarios that could occur:

  • One of the spouses mutually agrees to leave the place of residence, especially if it's in the best interests of their children.
  • There is a mutual agreement to sell the house and split the revenue. This is a popular option if one spouse cannot buy out the other.
  • Neither spouse wishes to leave the home, resulting in possible court hearings. Often, people will resort to gaining evidence of fault against their spouse, so they can increase their chances of staying in the house. In rare occasions, filing for a protective order against a violent spouse is necessary, and can quickly force them out. 

Contact us online or call us directly at (704) 286-0570 to learn more about our property and debt division services in North Carolina.

Our Promise To Our Clients

  • Convenient Locations

    With offices in Charlotte, Waxhaw, Lake Norman, Cary & Fort Mill, we make it easier for families across North Carolina & South Carolina to find quality counsel.

  • Children Come First
    With the complexities of family law, we put the well-being and safety of your children at the forefront of your case.
  • Team-Driven Environment
    When you work with Blood Law, PLLC, you work with our entire team. Everyone is here to support you through each step.
  • Honest Guidance
    We create personalized plans for each client while setting realistic expectations on the possible outcomes of the case.

Our Clients Tell Their Stories

These Stories Are What Keep Us Going
    "Anna guided me through the entire process and answered all of my questions and concerns quickly."
    She cares about you as a friend, not just as a client. I highly recommend Anna Blood and her legal team as they are INCREDIBLE and a winning team of pros!
    - Debra K.
    "I’m extremely grateful for Anna's help in my time of need."
    Wonderful boutique law firm! Great service along with great communication. I’m extremely grateful for Anna's help in my time of need.
    - Olivia L.
    "Anna is very knowledgeable of the law as well as the local courts and judges."
    I owe so much gratitude to Anna Blood for her assistance in my divorce. Anna is very knowledgeable of the law as well as the local courts and judges. I am so excited that she has opened an office in Charlotte that is closer to those of us in Mecklenburg County! Definitely contact Blood Law if you need a caring, dedicated attorney.
    - Penny N.
    "From the first interaction to the last, you will be in great hands the entire way."
    Blood Law welcomes each client and prospective client with warmth and great understanding. From the first interaction to the last, you will be in great hands the entire way. They keep you informed throughout the entire process, and lead with experience. The staff at Blood Law will exceed your expectations!
    - Former Client
    "They fought for me and my children in and outside of the courtroom."
    Anna Blood and her team and phenomenal. They fought for me and my children in and outside of the courtroom. I would highly recommend Blood Law for your any family law issues!!
    - Liz D.
    "Anna is an extremely trustworthy and understanding individual, which is very beneficial to any sticky family law situation you may find yourself dealing with."
    Anna is an extremely trustworthy and understanding individual, which is very beneficial to any sticky family law situation you may find yourself dealing with. She is very attentive and focused on helping her clients come to a quick and easy resolution. She’s not the kind of lawyer who will drag things on just to get more money.
    - Sean F.
    "She will give you the best professional guidance and protect your legal interests."
    Anna and her team is such a joy to work with! Not only is she extremely talented, she is down to earth and understanding which is a really important quality when communicating with clients. She will give you the best professional guidance and protect your legal interests.
    - Jennifer W.
    "A phenomenal, understanding and dedicated attorney, but yet an even better person."
    Anna really helped me out during a situation that wasn't necessarily easy to get through. A phenomenal, understanding and dedicated attorney, but yet an even better person. I would truly recommend her to anyone that has to deal with any situation similar dealing with family law to mine!
    - Former Client

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