Common Qualified Domestic Relations Order...

Friday, Jun 19th 2020 | Mary Salisbury | Divorce

When spouses divorce, often one of the biggest assets is a pension or 401(k) plan at a spouse’s workplace. To divide this asset, a Qualified Domestic Relations Order (a “QDRO”) must be...

Dividing Interests in Closely Held...

Friday, May 29th 2020 | Mary Salisbury | Divorce

While we can all agree that Wilmington, NC has much to offer to provide a great quality of life, I think we can all also agree that as far as the job market, good paying jobs are not...

Property Settlement Notes (Promissory...

Friday, May 22nd 2020 | Mary Salisbury | Divorce

Sometimes when dividing maritial property in a divorce, there is no other way to equalize the settlement without one spouse making a promise to pay in the future. That’s when a property...

Considerations When Dividing Assets in...

Friday, May 15th 2020 | Mary Salisbury | Divorce

In North Carolina, under General Statute 50-20(c), “there shall be an equal division by using net value of marital property and net value of divisible property unless the court determines...

Top Two Not So Well Known Things About...

Friday, May 8th 2020 | Mary Salisbury | Divorce

Over the years of my divorce practice, I have seen two things that have caught couples by surprise when it comes to dividing assets. Equitable division is decided before spousal...

The Importance of Accurately Calculating...

Friday, May 1st 2020 | Mary Salisbury | Divorce

Recently I was hired by a divorcing client, let’s call him Joe, who had been contributing to two separate retirement plans for approximately 20 years. He was married for only the last 9...