How does the court deal with changes in value of marital assets and debts between the date of separation and the date the assets and debts are divided?

This is generally referred to as divisible property and divisible debt. Like marital property and marital debt, it too is divided subject to similar rules. The rules that apply to active and passive appreciation are very important in determining whether an increase or decrease in value after the separation should be distributed between the parties.

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    Sylva

    705 W. Main Street
    Sylva, NC 28779
    Phone: 828-586-2147
    Facsimile: 828-586-2605

    Cashiers

    211 Cashiers School Road
    P.O. Box 1918
    Cashiers, NC 28717
    Phone: 828-743-2401
    Facsimile: 828-743-2403

    Franklin

    43 West Main Street
    Franklin, NC 28734
    Phone: ]828-524-6475
    Facsimile: 828-524-9833