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Divorce can be one of the hardest events that can happen in a person’s life. In the proceedings, countless legal, financial, and emotional concerns can arise. One aspect of all divorces that may be a source of frustration is who gets what belongings. A Locust property division lawyer can help you in splitting your marital assets and debts and finding a favorable agreement.
At Lehnhardt Price Family Law, we’ve spent years assisting people of Locust, Charlotte, Monroe, and the surrounding cities with their divorce cases. Our managing partner, Dana B. Lehnhardt, has strong ties to the community, providing pro bono work for the Union County Community Shelter. The Mecklenburg Times named her one of the 50 most influential women in 2017.
Property division is an important component of divorce to understand when approaching your own case. With North Carolina’s higher-than-average divorce rate of 2.7 per 1000 residents, many thousands will face property division this year alone.
Property division is the legal term for how marital property is divided during divorce proceedings. North Carolina is an equitable distribution state, meaning that the shared assets are split in court based on what is fair, rather than an automatic 50/50 split. Common factors used to establish what is equitable include:
The reason for divorce is usually not considered unless it has a direct impact on the financial stability of the couple. One example where it’s relevant is if the separation was due to a gambling problem or other reckless spending behavior.
Property division cases, when litigation is required, are handled either at the Cabarrus County Courthouse in Concord or the Stanly County Courthouse in Albemarle, depending on where in town you live.
At Lehnhardt Price Family Law, we provide comprehensive legal services across all areas of family law. Our experienced attorneys are dedicated to guiding you through life’s most important legal matters with compassion, expertise, and personalized attention.
Family Law: Our comprehensive family law practice encompasses all aspects of domestic relations, from pre-marital agreements to complex family disputes. We provide sensitive, strategic legal guidance tailored to your unique circumstances.
Divorce: We provide skilled representation throughout the divorce process, whether uncontested or complex litigation. Our attorneys work to protect your interests while seeking efficient resolutions that minimize stress for you and your family.
Child Support: We handle all aspects of child support matters, including initial determinations, modifications, and enforcement actions. Our goal is to establish fair and sustainable arrangements for all parties involved.
Child Custody: We represent parents in custody determinations, visitation schedules, and parenting plan development. Our attorneys work to serve your children’s best interests while protecting your parental rights.
Spousal Support: We assist clients with alimony determinations, modifications, and enforcement. Our attorneys work to ensure fair spousal support arrangements that reflect each party’s financial circumstances and needs.
Adoption: We guide families through the adoption process, handling all legal requirements and paperwork. Our compassionate approach helps make this joyful journey as smooth as possible for everyone involved.
Domestic Violence: We provide immediate legal protection for victims of domestic violence, including restraining orders and safety planning. Our attorneys understand the urgency and sensitivity required in these critical situations.
Separation Agreements: We draft comprehensive separation agreements that address all aspects of your separation, including property division, support, and custody arrangements. Our goal is to create clear, enforceable agreements that protect your interests.
It’s crucial to establish what is marital or separate property in your property division case. Generally, marital property is defined as all assets acquired and owned throughout the marriage, and Separate property refers to belongings untouched by property division. It is defined as any asset acquired before the marriage, as a gift, or as an inheritance.
Divorce is a challenging, confusing period in your life without having to go through it alone. While it is possible to represent yourself, it is recommended that you hire a property division lawyer for your case. Your Locust property division attorney can guide you through the process and advocate for your financial needs.
The following are a few services your Lehnhardt Price Family Law property division lawyer can provide:
How much your property lawyer costs depends on many factors related to your case, such as the size of the shared assets, the case complexity, and the work hours it requires. A simple dispute over one or two items in a small estate tends to be cheaper than a contested separation involving high-value assets and bitter spouses. Your property division attorney in Locust can provide an estimate based on the details of your case for how much the final bill may be.
You should contact a North Carolina property division lawyer as early as possible in the divorce process. Having a property division attorney involved from the beginning can help you avoid easy mistakes and ensure all marital assets are accounted for. The court cannot get involved in negotiations after a divorce is finalized, so more time with legal assistance can increase your odds of an agreement that you deserve.
In North Carolina, separate property is excluded from property division negotiations. Separate property is any assets you had before marriage, received as a gift, or through inheritance. Throughout the course of a marriage, comingling can occur when the division between separate and marital property is confused. Your property division lawyer can help you classify your belongings if you are unsure.
The main difference between a North Carolina property division lawyer and a mediator is their allegiances during negotiations. Property division lawyers represent one spouse or the other, whereas mediators are neutral third parties present to keep discussions productive. A property division lawyer can act as a mediator, but not in cases where they are already hired to represent one side.
Our team at Lehnhardt Price Family Law knows how difficult property division cases can be. We have the knowledge and experience that can make a positive impact on your case. Unlike other firms, we will give you the one-on-one meeting time and attention you deserve.
Contact us today for an initial consultation, where we can hear your story and begin providing potential pathways forward for your property division case. You may also visit our Monroe offices, located on Lancaster Avenue and a few blocks from the heart of downtown.
When you’re facing challenging family law matters in Locust or throughout the surrounding Stanly County region, you need attorneys who understand both the complexities of North Carolina family law and the close-knit nature of our local communities. At Lehnhardt Price Family Law, we recognize that family legal issues – whether divorce, child custody, or support matters – require not just legal expertise but also sensitivity to the personal relationships and community connections that matter most in smaller towns.
Located conveniently to serve Locust and the greater Charlotte metropolitan area, our dedicated family law practice brings Board-Certified expertise and proven courtroom experience to clients throughout Stanly County and beyond. Managing Partner Dana B. Lehnhardt’s certification as a Family Law Specialist, combined with Partner Jessica E. Price’s decade of legal experience and personal understanding of parenting challenges, ensures you receive both technical excellence and compassionate guidance during difficult times.
Whether you’re dealing with a contested divorce involving local business assets, navigating child custody arrangements that must work within Locust’s school systems and community activities, or addressing support issues that affect your family’s future in this growing area, partnering with experienced Locust family law attorneys who understand both North Carolina law and the unique dynamics of Stanly County communities can be essential to achieving outcomes that truly serve your family’s best interests.