Buying Out Your Spouse and the Marital Home

Friday, May 30th 2025 | Mary Salisbury | Divorce

Almost every couple I work with has a mortgage with an interest rate under 3.5%. In my lifetime, mortgage rates had never been so low and may never get that low again. For that reason,...

What Happens To The Escrow Account In...

Friday, Apr 18th 2025 | Mary Salisbury | Divorce

Often in divorce, the marital home is being sold or refinanced. In that case, at the sale or loan closing, there could be some property taxes and/or homeowners’ insurance that has been...

Keeping the Marital Home in Divorce by...

Friday, Mar 14th 2025 | Mary Salisbury | Divorce

Using a reverse mortgage in divorce has recently come to my attention. Reverse mortgages got a bad rap when they first came out, but the industry has cleaned up their act and they are...

Why a W-2 Might Not Show All Gross Income...

Friday, Dec 27th 2024 | Mary Salisbury | Divorce

Under the North Carolina Child Support Guidelines, as well as the guidelines for many other states, child support is based on gross income. The Guidelines specify that “Gross income is...

Reviewing the W-2 for hidden assets in...

Thursday, Nov 28th 2024 | Mary Salisbury | Divorce

Wondering whether your spouse has disclosed all the compensation he or she is receiving? Employees are often compensated in ways that are not reflected in the deposit to the family bank...

Splitting the Pension or 401(K)? Your...

Friday, Nov 8th 2024 | Mary Salisbury | Divorce

When you privately agree (do not litigate) the terms of your divorce in North Carolina (and possibly your state as well), you and your spouse can document your agreement with a separation...