Property and Pension Division

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.

Law Offices of Kathleen Murphy
16. N. Boylan Avenue
Raleigh, NC 27603
919-832-1901 (fax)