Equitable Distribution is the name that is used when describing property division in North Carolina. The law states that the division is presumed 50/50 however the courts are able to deviate from an equal division based on factors listed in the statutes.
If the parties have a pension or 401(k) account, a Qualified Domestic Relations Order may be needed. The QDRO is an Order directing the Plan Administrator to divide the funds without taxable consequences to the parties.