In an equitable division state (including North Carolina), the division of marital assets will be divided fairly, not necessarily equally. Only assets that are considered marital assets are divided when a couple divorces. Property that is considered separate property remains the property of the original owner. Separate property usually refers to assets owned by a party prior to the marriage or inherited by a party during the marriage if the asset was not converted into a marital asset by co-mingling the asset. If you unintentionally co-mingle your separate assets, you could lose them in a divorce.
Home » FAQ » Divorce and Your Estate Plan » How are estate assets at risk in a divorce?
