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December 2014 Archives

401(k) division in North Carolina divorce cases

Many North Carolina couples manage after a decade or so of marriage to amass significant marital assets, including those that are financial in nature, like 401(k) retirement accounts. In the event that one of these couples were to dissolve their marriage, some of the assets mat present complexities that are difficult to resolve during the asset-division process.

Some information about what child support covers

North Carolina parents may not be aware of the increasing misunderstanding about what child support can actually cover. While many are under the impression that it only covers basic necessities like clothing and food, the truth is that it is intended to cover a broader range of the child's needs. Some of these expenses include categories such as medical expenses, school-related fees and even entertainment.

Divorce rates may actually be on the decline

As the number gets referenced frequently, many people in North Carolina might be under the impression that the divorce rate in the U.S. is around 50 percent. However, a data blog for the New York Times claims that the divorce rate in the U.S. is actually lower than 50 percent and declining.

Child support guidelines for minor parents

Some North Carolina parents might be surprised to learn that if their minor child has a baby, they may be responsible for paying child support. When both parents of the baby are minors, both sets of living grandparents are equally responsible for the baby's expenses until the the youngest parent reaches age 18 or is emancipated.

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The Graham.Nuckolls.Conner. Law Firm, PLLC
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Hendrix Building
Greenville, NC 27858

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