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Why Legal Separation May Be a More Financially Sound Decision

When couples are facing serious marital problems, a divorce might seem like the logical next step. In Raleigh, legal separation is an option available to couples who are not stern on ending their marriage through divorce. In order to be separated, a couple must reside in different residences. A couple is considered to be legally separated as soon they begin living apart, and there is no subsequent paperwork to be signed.

However, a couple may want to consider signing a separation agreement with a lawyer in order to establish guidelines regarding things like child custody and child support, spousal support, and property division. Furthermore, in the state of North Carolina, you cannot obtain a divorce without at least a year’s separation.

Financial Benefits of Separation

Sometimes, separation can be a better option for a couple in regards to the benefits married couples receive. When a divorce is finalized, couples are no longer entitled to the marriage benefits they used to have, such as tax breaks. For that reason, sometimes it is in a couple’s best interest to stay separated for a certain amount of time. Legal separation is a good option if you are both looking to:

  • Preserve the right to file jointly on taxes and receive tax benefits
  • Continue receiving health insurance benefits from spouses’ insurance plan
  • Retain military benefits
  • Meet the ten-year marriage requirement for Social Security benefits
  • Pool resources to maintain separate lives

The decision to separate is often tough, but it is a much simpler process that allows couples to start evaluating their assets in case a divorce is still on the horizon.

Contact a Raleigh Divorce Attorney Today

If you are considering separation and you want to be sure your individual interests and legal rights are being protected during this process, one of our skilled Raleigh divorce attorneys can guide you through this process. Separation agreements are a great option for couples who want to keep risk low throughout the process. Contact a Raleigh family attorney at Marshall & Taylor PLLC today by calling 919-833-1040.

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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