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March 2014 Archives

High net worth divorce asset division

North Carolina residents may be interested in the issue of asset division in high net worth divorces. According to one wealth management professional, high net worth individuals often have more complex and sophisticated investment issues. These assets have to be identified and their value determined before an equitable division can be achieved. Wealthy individuals often have more flexibility in their choices of investments and in their asset management resources.

Social media divorce mistakes

North Carolina residents who are divorcing may wonder about common mistakes that can complicate the process. With the invention of social media, divorce in the 21st century has changed dramatically. One way to avoid making mistakes is to be aware of the problems that can arise when exes post on social media during or after the divorce.

Organization can help make divorce easier

Perhaps one of the best steps someone considering or beginning a divorce can make is to get organized. Taking the time find important financial documents and keep them somewhere that is easily accessible can help reduce some the stress of the process and allow someone going through a divorce to concentrate on more important issues such as negotiating a fair settlement. The following information may help someone begin getting organized.

Father of Beyonce Knowles gets child support modification

North Carolina parents may be interested in the story of one celebrity father who has successfully lowered child support payments. The modification comes after the man's income was lowered significantly after his star daughter fired him.

Increases seen in single-father households

North Carolina residents may find the results of a recent Pew Research study interesting. According to the study, there has been a dramatic increase in single-father households from less than 300,000 in 1960 to more than 2.6 million in 2011. This nine-fold increase is significantly greater than the four-fold rise in single-mother headed households during the same timeframe. Both statistics are attributed to the growing trend of parents not marrying and the increased divorce rate.

New app could help divorced parents document shared expenses

As divorced parents living in North Carolina and around the nation know, sharing child custody often creates situations where one parent has to make a purchase that they expect their former spouse to reimburse them for later. A new app attempts to help former spouses navigate the ongoing financial back and forth that comes with co-parenting after divorce.

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The Graham.Nuckolls.Conner. Law Firm, PLLC
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