North Carolina Property Division: Equal Is Presumed

North Carolina presumes an equal division of the net value of marital and divisible property, and departs from it only if the court determines equal is not equitable, dividing then on twelve statutory factors.

Equal, with an exception

The IRS describes the nine community property states in Publication 555: Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington and Wisconsin. North Carolina is not one of them, but it has a presumption of equal division: “There shall be an equal division by using net value of marital property and net value of divisible property unless the court determines that an equal division is not equitable. If the court determines that an equal division is not equitable, the court shall divide the marital property and divisible property equitably” (G.S. 50-20(c)).

Net values

The division is of net values, so marital debts are subtracted from marital assets before dividing.

Agreements

Before, during or after the marriage the parties may provide in a written agreement, signed and acknowledged as the statute requires, for the distribution of the marital property or divisible property, and that agreement controls over the statute (subsection d).

Later spouses

A second or subsequent spouse acquires no interest in a spouse’s marital and divisible property from a former marriage until a final equitable distribution of the former marriage is made.

Alimony is separate

Alimony is decided on its own sixteen factors, and the two claims can be heard in either order. See the North Carolina alimony calculator.

Documents to gather

Deeds, titles, account and retirement statements, loan balances, tax returns and business records.

Test a split

The North Carolina property division calculator starts at an equal share and shows the payment each division implies.

Frequently asked questions

Is North Carolina an equal division state?

It presumes equal division of marital and divisible property, which the court may depart from if equal is not equitable.

Is the North Carolina division of gross or net values?

Net values, after marital debts.

Can spouses agree on a different division in North Carolina?

Yes, by a written agreement signed and acknowledged as the statute requires.

Does fault matter in North Carolina property division?

Fault is not among the twelve factors; marital misconduct matters for alimony.

Which court divides property in North Carolina?

The district court, under G.S. 50-20, on application of a party.

Official sources

Going through a divorce or custody case in North Carolina?

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Talk to a North Carolina attorney

This is general information, not legal advice. It is based on the cited North Carolina statutes, rules and court opinions, and every case turns on its own facts. Confirm how the law applies to your situation with a licensed North Carolina attorney.