In this blog: North Carolina generally presumes an equal division of marital and divisible property is equitable, although courts may consider factors supporting a different result.High-asset divorces may involve closely held businesses, investment accounts, real estate, retirement assets, deferred compensation, and substantial debt.Classification and valuation can have a major influence on which assets are Read More
What to Know Before You Pursue Divorce in North Carolina
In this blog: North Carolina spouses generally must live in separate residences for at least one year and one day before pursuing an absolute divorce.Property division and alimony claims generally must be asserted before the divorce becomes final or those rights may be lost.Custody and child support may be addressed separately from the divorce itself.Reviewing finances, parenting concerns, and long-term Read More
Why Does North Carolina Require a Real Estate Attorney at Closing?
When buying or selling a home in North Carolina, clients are often surprised to learn that a licensed attorney is involved in the closing process.If you're moving from another state, you may have worked with a title company or escrow company in the past and wonder why North Carolina does things differently. More Than a Signature at the Closing TableMany people assume the attorney's job is simply to Read More
What ALTA’s New Identity Verification Standards Mean for North Carolina Real Estate Closings
For North Carolina real estate attorneys, title professionals, lenders, Realtors, buyers, and sellers, ALTA's updated Best Practices are more than an industry recommendation. They represent a significant shift toward stronger fraud prevention measures at a time when impersonation schemes are becoming increasingly sophisticated.Because North Carolina is an attorney-closing state, closing attorneys already serve as Read More
Looking for a Title or Escrow Company in North Carolina? What You Really Need Is a Real Estate Attorney
If you're buying, selling, or refinancing property in North Carolina and you're relocating from another state, one of the first things you may search for is a "title company" or "escrow company."That makes perfect sense. In many states, title companies handle real estate closings, manage escrow funds, prepare documents, and oversee the transaction from contract to closing.However, North Carolina is Read More
How to Create Your Law Portal Account
Elevating the Closing Experience for Everyone Read More
What Is an ABLE Account? A Practical Overview
Families caring for a loved one with a disability often face a difficult problem: how to save money for the future without jeopardizing important government benefits like Supplemental Security Income (SSI) or Medicaid.An ABLE account can help solve this problem.ABLE accounts are tax-advantaged savings accounts designed specifically for individuals with disabilities. They allow people with disabilities and Read More
Estate Planning 101: What Documents Should You Have?
Many people think of Estate Planning as preparing for passing away. In reality, good estate planning is just as much about protecting you while you’re alive as it is about what happens after you’re gone. In North Carolina, there are four core documents that form the foundation of a solid estate plan:A Will A Durable Power of Attorney (DPOA) A Healthcare Power of Attorney (HCPOA) An Advance Directive (Living Read More
What is a Petition for Partition and Can I File One?
When two or more people co-own real estate (for example, as tenants in common or joint tenants), their shared ownership can sometimes lead to conflict. One co-owner may want to sell while another may want to keep the property. In North Carolina, a partition action (via a “Petition for Partition”) gives co-owners a legal way to divide or force the sale of the property. What is the Relevant Law? Petitions for Read More
Why Adding Your Child to Your Deed May Not Be Helpful
When people talk about avoiding probate, one of the most common ideas that comes up is adding a child to the deed of their home. It sounds simple: put the child on the deed now so the property passes automatically later. In practice, this move usually creates more problems than it solves. Of all the issues this approach can cause, two stand out:You give up real property rights during your lifetime, and You often Read More
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