Separation Agreements about Your Money
Few things bring up more emotions during a divorce than money. The bitter feelings involved when people try to make financial arrangements can cloud any marital dissolution. Collaborative law helps you and your spouse arrange a reasonable, fair financial agreement regarding both child support and spousal support. By keeping disputes out of court, you can reach agreements that accurately reflect the needs and goals of each person.
At Craig Associates, P.C., we represent people throughout Asheville and Greensboro, North Carolina, involved in a divorce. We concentrate exclusively on getting you and your spouse to work out separation agreements outside of court. To learn more about collaborative law and financial agreements, contact us today.
Child Support
Under North Carolina law, the court determines child support by first determining physical custody and then by adding up your and your former spouse's income. The court will then use statutory child support guidelines to calculate the appropriate amount of support to award the parent with physical custody. When you and your spouse agree upon child support, you can ensure the regularity and the fairness of the payment by drafting a separation agreement. In the collaborative law process, the statutes act as a guideline for determining child support, but you can be flexible if necessary to change the amounts suggested by the statutory guidelines.
Spousal Support / Alimony
Divorce poses many challenges, including the challenge of stretching incomes to cover two separate households. You and your former spouse must make sure you have enough financial stability to carry on with your life after a divorce. In order to successfully draft a separation agreement, you and your spouse must agree upon the amount of support payments, the duration of the payments, and the reasons for payment termination.
Business Valuation
The collaborative law process is even more important for business owners and investors. Lawyer Christopher M. Craig will advise you on stock purchases, stock powers, partnerships agreements, contacts with boards of directors, and other financial concerns and how these can and should relate to the drafting of a separation agreement. We also assist people in making decisions about life insurance policies, retirement plans, trust agreement, and tax issues.
Protect your financial well-being through a separation agreement. Contact an attorney at Craig Associates, P.C., to learn more. We represent people throughout North Carolina, including people in Winston-Salem, Raleigh, and Cary.
