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How Property Division is Handled in Contested Divorces Involving High-Value Assets

Your Fierce Advocates in North Carolina

Divorce is never easy—it affects the entire family, stirring up emotions and uncertainty. Having a steady, impartial advocate can make all the difference in such a turbulent time. That’s where a dedicated divorce lawyer from Webster & Back comes in.

Our team is compassionate, experienced, and knowledgeable about North Carolina family law. We understand that no one expects their marriage to end, and we recognize the pain and disruption it brings. With empathy and respect for all involved, we work tirelessly to ensure a fair resolution while protecting your best interests.

Don’t navigate this alone if you suspect your former partner is hiding assets. Call us at 828-677-2175 for a consultation—we’re here to fight for what’s rightfully yours.

What Does Spousal Maintenance Mean?

Spousal maintenance provides financial support to the lower-earning spouse, helping them maintain the lifestyle they’ve built during the marriage. Calculated using North Carolina’s spousal support guidelines, key factors include:

  • Each spouse’s gross income
  • The division of marital property
  • Individual financial resources, including business ownership or operations
  • A fair assessment of each person’s financial needs
  • Potential tax implications, such as deductibility or credits

Spousal maintenance often sparks intense disputes, making divorce even more challenging. At Webster & Back, we focus on practical solutions that protect your interests.

What Happens When Assets Are Concealed in a Divorce Settlement?

One of the first things to understand about divorce in North Carolina is that it’s not a Community Property state. Unlike other states where assets are split equally, North Carolina follows equitable distribution—meaning assets are divided fairly based on various factors. Unfortunately, some spouses go to great lengths to conceal assets to avoid a fair division.

The discovery process is critical in complex divorces involving significant financial assets. Both parties must disclose their financial records during this phase, but some individuals attempt to manipulate the system. Common tactics include transferring property to another person’s name or gifting large sums to family members to make it appear like they have fewer resources. These deceptive strategies can drastically impact the settlement.

If you suspect hidden assets, it’s essential to take action. A skilled divorce attorney can help uncover concealed funds, ensure transparency, and fight for your fair share. Protect your financial future by seeking the proper legal support.

How Are Concealed Assets Uncovered?

Fortunately, there are several proven strategies to uncover hidden assets quickly—you deserve every advantage to ensure a fair settlement. No asset stays concealed forever when you have a dedicated lawyer. Every case is unique, so the steps outlined below offer guidance, not a one-size-fits-all solution.

Review Tax Returns:
Tax documents contain a wealth of details. Dive into sections for income from wages, business income, capital gains, IRA distributions, pensions, annuities, and income from interest and dividends exceeding $400. Carefully examine schedules A, B, C, D, and E, as these records often reveal savings accounts, bonds, and money market funds. A forensic accountant can pinpoint the necessary details, and your divorce attorney will know exactly what information can secure your rightful share.

Examine Tax Overpayments:
Sometimes, overpaid taxes serve as a tactic to deflate reported income. Scrutinizing your spouse’s tax history can expose any attempts to mask their actual earnings.

Analyze Financial Statements:
Take the time to review bank accounts, loan applications, and other financial documents. Although this process can be detailed and time-consuming, it often unveils a clearer picture of your spouse’s economic landscape, especially if they’ve applied for loans or made unusual transactions.

Explore Public Records:
Don’t overlook county court records, property deeds, and county clerk documents. These public records can be incredibly revealing. Your lawyer can collaborate with a forensic accountant or private investigator to systematically trace assets, ensuring nothing is overlooked.

Which Types of Assets Can You Help Me Uncover?

Our firm is committed to developing strategic solutions that protect your assets while ensuring financial stability after divorce. We take a thorough approach, prioritizing resolution while remaining fully prepared for litigation when necessary. Our skilled divorce attorneys work closely with industry professionals to assess the current value of your marital assets and anticipate their future growth or decline.

We assist in identifying and securing a variety of assets, including:

  • Business ownership interests
  • Family trusts and estate holdings
  • Retirement and investment accounts
  • Real estate and property concerns
  • Complex tax structures and financial strategies
  • Emerging digital assets such as Bitcoin and NFTs

With our guidance, you can confidently navigate the asset division’s intricacies and secure your immediate and long-term financial well-being. 

What If My Ex is a High-Earner? 

If your ex is a high earner in North Carolina, your divorce process typically involves thoroughly reviewing all financial details. The court looks at current incomes, future earning potential, investments, and lifestyle factors to ensure a fair division of assets. This can lead to customized child support or spousal support arrangements rather than relying on standard formulas.

While the process may seem overwhelming, the goal is to achieve fairness by considering every aspect of your financial situation—now and in the future. With careful documentation and precise analysis, you can work toward an outcome that protects your interests and sets you up for long-term stability.

When Should I Call A Divorce Attorney For Help? 

We understand that making this decision is incredibly difficult, and we recognize the emotional toll it takes. Our dedicated lawyers combine in-depth legal knowledge with genuine empathy to support you every step of the way. We actively work to protect your interests while addressing your unique concerns so you can move forward confidently toward a more secure future. Call us at 828-677-2175 for a consultation.