“Equitable distribution of property” at the end of a marriage is a legal term to describe how the court will proceed in dividing up assets, investments, debts and real estate owned during a marriage. When you are facing divorce, it is important that you understand your rights and obligations in the division of assets. At Morrow Porter Vermitsky & Taylor, PLLC, in Winston-Salem, we provide comprehensive legal services to protect your rights and interests during the process of property division.
Our firm is known throughout the state of North Carolina for handling complex equitable distribution matters. We bring in certified business valuators and accountants to protect the rights of our clients as individuals and business owners. We have handled divorce distributions involving car dealerships, ESOPs, software companies, furniture companies, pharmaceutical companies, real estate holding companies, tobacco warehouses, franchises, law firms and other professional corporations, including the financial holdings of large multimillion-dollar corporations.
Most people do not want to continue a business relationship after a divorce, though it always depends on the facts and financial aspects of the case. In every case, our clients are concerned about security, maintaining their standard of living and protecting their future. We will help you evaluate your business assets and debts and create a plan for negotiation or litigation, with the goal of securing your investments and financial stability into the future.
Case Type: Equitable Distribution of assets involving the valuation of division of a marital estate in excess of $10,000,000
Result: Verdict-Favorable Distribution of assets to our client.
Case Type: Equitable Distribution Action involving the valuation of several McDonald’s© franchise units. Successful in collection efforts including padlocking and closing the McDonald’s© franchise in order to get the attention of the other side.
Result: Settlement-Favorable distribution of assets to our client.