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Raleigh Division of Brokerage Accounts Attorneys

Throughout a marriage, couples often accumulate large and very diverse amounts of property: home equity, personal belongings, cars, and other vehicles, even art and antiques. But some of their most valuable assets might be their investments. Brokerage accounts are agreements with a firm, called a broker, that allow for the purchase of stocks, bonds, and other financial instruments. They may be in the name of just one spouse or in the name of both. Over time, these assets appreciate, sometimes becoming many times more valuable than what they were originally worth.

In a divorce, it’s important to come to an agreement about your brokerage accounts in addition to all your other assets. The licensed Raleigh division of brokerage accounts attorneys of Marshall & Taylor PLLC are specialists in divorce law. We negotiate the best possible terms for our clients, defending their financial interests at every step of the way. Let us handle the legal work. Call our office at 919-833-1040 today or contact us via our website to talk to one of our experienced division of assets attorneys.

Do I Need a Division of Brokerage Accounts Attorney?

In any divorce proceeding, an attorney will be your most valuable counsel for negotiating the best terms of separation. When assets beyond basic savings accounts are involved, cases are more complex, and an attorney becomes even more invaluable. Depending on what the judge decides is equitable separation and depending on how other assets are divided, a brokerage account may remain as the property of one party or be split. Sometimes, the split is 50-50; other times it’s not. Any portion of a brokerage account that is considered separate property (property that’s owned by only one spouse) also comes into play. These intricacies make getting an attorney your wisest course of action. Without an attorney, you may lose valuable accounts that should rightfully have been yours.

Why Choose Marshall & Taylor PLLC for Your Case?

Marshall & Taylor PLLC‘s attorneys specialize in divorce and family law, and our team of lawyers is highly experienced. We’ve been practicing in Raleigh and the Wake County area for years, and we have become a trusted name in the business. Jeffrey Marshall, our firm founder, is a board-certified expert in family law, a feat very few lawyers ever accomplish. Our lawyers have been recognized as some of the best in the state, with founder Jeff Marshall being listed among North Carolina’s “Legal Elite” for family law in Business North Carolina Magazine. We help our clients plan for the future and stay financially stable throughout the strenuous process of divorce.

Division of Brokerage Account in North Carolina

Every couple’s financial situation is different, so every divorce case is also. Several factors influence how a brokerage account is split (if it is at all):

  • North Carolina is an equitable distribution state, but this doesn’t mean property has to be evenly split. If the parties can’t reach an agreement beforehand, a judge will decide what each spouse will get. After distribution of total value has been determined, there has to be a negotiation about who will get what — whether one party will keep the house and the other investments of equal value or whether both will be sold and the proceeds split.
  • Investments held in a brokerage account are subject to different tax rules than other income; if they are held for more than a year, any amount they appreciate is taxed at the lower capital gains tax rate. Their cost basis, which is the purchase price, determines how much that appreciation is. The good news is that in divorces, the IRS allows brokerage accounts to be split without the cost basis or holding period for any investment changing. As a result, divorce shouldn’t reduce the total amount of your brokerage account, unless you liquidate it beforehand.
  • Like all other kinds of property and assets, it may be that part of a brokerage account is exempt from the divorce proceedings because it was one spouse’s property before the marriage or because its value was inherited or received as gifts.

Our Raleigh Division of Brokerage Account Attorneys Will Fight for You

The only way to know for sure that your divorce is being handled in the best way possible is to hire an attorney, and the team at Marshall & Taylor PLLC is here to help. Our experience in family and divorce law makes us the best option in Raleigh and Wake County for your divorce. Whether it involves a brokerage account, a home, a priceless antique, or anything else, we’ll negotiate the best terms on your behalf. Call us now at 919-833-1040, contact us online, or use the website’s live chat function to start consulting with a division of assets attorney today.

Testimonials

Looking for an attorney whose ethics and morals are above reproach? Look no further than the attorneys at Marshall & Taylor... He has my strongest recommendation if you are in need of a professional attorney who not only understands the law, but is highly experienced and cost effective! -Jody from Avvo

- Phenomenal Cost-Effective Attorney

The divorce process is tough. Not only is it emotionally difficult and physically draining, but the actual legal process itself is simply unchartered territory for most of us. When my spouse served me with a separation papers & an out of this world financial proposal — I nearly had a heart attack. I was just plain shocked and totally unprepared for the ridiculous and unjustified financial demands that she wanted. I was an emotional wreck, but in a panic, I called my CPA advisor and asked for help. I’ve known my CPA for over 5 years having found him thru the Dave Ramsey website. When I asked him to recommend a divorce attorney, he gave me one name, Jeff Marshal. I’m not going to attempt to list all the reasons you should call Jeff, but I can attest that you will not be sorry you called. The divorce process has significant and lasting implications on everything important in your life after divorce. Make sure you that you have Jeff by your side when these decisions are being made, I am certain that you will be glad you did.

- I recommend Jeff Marshall

I found myself in a position of impending separation/divorce. My situation involved marital misconduct in another country(a very difficult to prove situation), did my due diligence; read reviews and went to visit 5 different attorneys... My case outcome was much better than the original offer I made to my ex spouse(before I had a lawyer) and giving credit where credit is due; Jeff’s knowledge to execution is what made the difference. I must add Jeff made me look past my anger and really had the best interests of me and my children in mind... - Client from Avvo

- I highly recommend Jeff. Him and his staff are awesome!

MR Marshall prepared my Premarital Agreement for me. I am extremely pleased with the results. He provided excatly what I asked and more. I would highly recommend Mr. Marshall to anyone needing his services. - Client from Avvo

- Great Job!

I recently used Jeff Marshall to settle my drawn-out and contentious divorce and custody cases, and found him to be extremely helpful. He took his time to get to know me and my situation, helped me make decisions moving forward, gave me great advice on things that I could do that would limit the time he needed to spend on the case (thus dropping my bill), and represented me quite well during my custody hearing. Having Jeff as my attorney was, in my opinion, critical to positive outcome I received from the custody hearing. - Client from Avvo

- Great attorney!

Jeff Marshall has been a great attorney during a difficult life event. He always responded to my questions and concerns in a timely manner and was great at making me understand the process from start to finish. - Client from Avvo

- Great lawyer!

Jeff has always been my go to attorney when it comes to family law. He is unbiased and fair and has a great interpretation of the law. Divorce is not a fun process and sometimes following advice of someone other than yourself is hard to do. Looking back Jeff was spot on. His advice has saved me thousands of dollars! - Client from Avvo

- Invaluable Advice

Jeff and his team helped me with my seperation and divorce. I was very happy with my settlement and the way they were able to just focus on the buisness at hand which was to protect my interests. Most of this process was conducted while I was living in another state, but Jeff and his team kept me informed throughout the process. I would recommend him without reservation. - Client from Avvo

- Very Satisfied Customer

Mr. Marshall is a superb attorney. He understands the law better than anyone else with whom I consulted. He is very prompt in responding to email and voicemail. He kept me from making several major mistakes that my previous attorney had nearly made and would have cost me big. Mr. Marshall is more expensive than others, but he is also more efficient so it may not make a difference in the long run. - Client from Avvo

- Excellent Attorney

Jeffrey is a consummate professional and and a master practioner in the field of family law. He guided me through a very difficult case that concluded as favorably as possible. - Client from Avvo

- Master practitioner in the field of family law

Jeff Marshall provided solid advice and followed through on services promised. I would highly recommend Jeff to others seeking a divorce or custody attorney - Client from Avvo

- Needed Help with Divorce and Custody

He has worked with me a great deal and understands the relationship I have with my children. He believes in doing what is right and in best interest of children. I trust him with any and all legal decisions I have had to make. Jeff is truly one of the best around. I highly recommend him to anyone that has to deal with high conflict situations. - Client from Avvo

- Jeff is very straight forward and honest.
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