Posted by The Peck Law Firm Divorce Lawyers | Property Division
You might be familiar with some of the requirements to initiate the divorce process in South Carolina, such as being a resident for at least 3 months. You will also need to state either fault-based or no-fault grounds for divorce. However, there is another rule that kicks in shortly after you file, and it is …
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Posted by The Peck Law Firm Divorce Lawyers | Property Division
Timeshares are a popular option for those who want the perks of a vacation home without the headaches involved with owning real estate in a distant location. They are certainly attractive in a destination like Charleston and other parts of South Carolina, which draws visitors for golf, beaches, wildlife viewing, history, and other attractions. In …
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Posted by The Peck Law Firm Divorce Lawyers | Property Division
Getting divorced in Charleston means that all of your property will need to be properly classified into categories of separate (or nonmarital) property and marital property. South Carolina law requires that all marital property, including assets and debts, be divided equitably between the spouses. In general, marital property includes assets and debts acquired or accrued …
Continue reading "Complications for Dividing Art and Collectibles in a Divorce"
Posted by The Peck Law Firm Divorce Lawyers | Property Division
Anyone who is getting divorced in South Carolina should know about property division rules. Under South Carolina law, all marital property is divided equitably between the parties. Indeed, South Carolina is known as an equitable distribution state. This means that the court will account for all property owned by the parties — separate (“nonmarital”) and …
Continue reading "What is Commingled Property in a Divorce?"
Posted by The Peck Law Firm Divorce Lawyers | Property Division
If you have a pet and are planning to get divorced in Charleston, it is essential for you to know that your pet is most likely going to be part of the divorce process. To be sure, the court will need to determine whether your pet should be classified as nonmarital property or marital property. …
Posted by The Peck Law Firm Divorce Lawyers | Property Division
In a Charleston divorce, it is common for one or both of the spouses to want to keep the marital home. Many people getting divorced have minor children from the marriage, and they want to continue to raise the kids in the home that they have come to know and in which they have become …
Posted by The Peck Law Firm Divorce Lawyers | Property Division
Getting divorced in the Charleston area involves the equitable distribution of marital property. To be clear, in a South Carolina divorce, the court will need to identify all assets and debts owned by both spouses and then will need to determine whether those assets and debts should be classified as marital or separate property. Only …
Posted by The Peck Law Firm Divorce Lawyers | Property Division
Most people call qualified plans pensions. Employers contribute to the plan while the employee still works for them. Employees sometimes contribute to these plans, too. A 401(k) is a perfect example of a qualified plan. A non-qualified deferred compensation plan, on the other hand, is not paid into at the time of the person’s employment. …
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