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April 2019 Archives

Assessing the contributions of stay-at-home spouses in divorce

In North Carolina, like most states, property division in case of divorce is supposed to be equitable. This means that a court may consider the contributions of both spouses when deciding how to split up assets. While this may be straightforward if both spouses earned an income, it can be more complex if one spouse did not. These spouses are often stay-at-home parents whose support has helped the career of the breadwinner.

New technology to monitor driver behavior

Starting in 2020, North Carolina motorists will be able to purchase Volvos that will not exceed a speed of 112 miles per hour. By the early 2020s, the company will begin rolling out safety features that detect certain driver behaviors. These are part of an overall effort by the company to cut down on accidents caused by drunk driving.

Assuming a mortgage after divorce

When couples in North Carolina divorce, every aspect of their shared finances is open to negotiation and division. In many cases, a shared home is one of the most valuable assets the couple owns. If the home is not yet paid off and there is still a mortgage, the spouses will have to decide how they want to manage that responsibility.

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