This month's theme explores the intersection of love, relationships, and the legal frameworks that govern them.
The article details the considerations for estate planning in cases of death, including the distribution of assets and ownership interests in the business. It also addresses the implications of divorce on business ownership and emphasizes the role of pre-marital or post-marital agreements and buy-sell agreements in protecting the business from the impact of divorce. READ MORE
by Melody King, Family Law Attorney
The piece outlines the legal process for obtaining a divorce in North Carolina, emphasizing the requirement of living separately for at least one year before filing for an Absolute Divorce. It explains the criteria for living "separate and apart" and the implications of reconciling during the separation period. The court process for obtaining a Judgment for Absolute Divorce is detailed, including the filing of a Complaint, serving the Defendant, and presenting evidence in case of contested issues. READ MORE
by Kristin Mitcham, Equine Law Attorney
From the leader of our Equine Law practice, this column stresses the importance of considering and planning for a horse's future, including the recipient's ability to care for the horse, financial support, living arrangements, and medical needs. READ MORE
by Al Clyburn, Family Law Attorney
The feature discusses premarital agreements and their significance in planning for the distribution of assets and liabilities in the event of separation or divorce. It highlights the legal considerations and challenges associated with premarital agreements in North Carolina, citing specific cases where the voluntary execution of the agreements was contested. READ MORE
The story emphasizes the importance of estate planning for pets, highlighting the need to ensure the well-being of beloved furry friends even after their owners' incapacity or death. It discusses the financial and time-consuming aspects of pet care, emphasizing the necessity of identifying suitable caretakers, establishing legal documentation such as a pet trust, and being financially prepared for pets' care. READ MORE
The article discusses the challenges that landlords face when their tenants file for bankruptcy. It highlights the importance of landlords understanding the implications of bankruptcy on their lease agreements, such as the automatic stay preventing collection activities, the need for court approval before taking certain actions, and the potential consequences of violating bankruptcy laws. READ MORE
"Can you Feel the Love Tonight?" Estate Planning for Couples
by Jenny Boyer, Trusts and Estates Attorney
The article emphasizes the importance of estate planning as a valuable and practical gift for couples, discussing the impact of love, marriage, and growing families on estate planning. It highlights the necessity of having an up-to-date Will, periodic financial reviews, and discussions about medical and financial powers of attorney.