Equitable Distribution/Property Settlement
NCGS 50-20, et seq, are the Equitable Distribution Statutes in North Carolina which determine the property settlement of marital and divisible property when parties separate. They are a complex set of statutes designed for the trial court to use to divide marital property—the assets and debts acquired since date of marriage which still exist on the date of separation. The Court must identify, classify, value and distribute marital property and resolve all disputes between the parties on these issues. Let us help you.