I am thinking about marriage in NC, but want to find out what is going to happen with property, house for example, if I divorce. No kids or other complications. Just house. And it’s a case with a default situation, without a prenuptial agreement.
Case 1. House is payed off. No loan. I marry. Will 100% of the house go with me, if I divorce or will be divided 50/50?
Case 2. House has a loan on it. I marry. Will debt on the loan and principal of the house go entirely with me, if I divorce or will be divided 50/50(loan and principal)?
I mean the principal at the time when marriage occurred. Lets say, house was $100k and $20k was already payed by me before the marriage occurred. Will $20k be 100% mine of divided by 1/2?
As I understand, whatever was gained after the marriage, will be split 50/50. Let’s say, at the time of divorce $30k is in the principal of the house. 10k will be divided by 1/2. Am I right?
Will the remaining loan be split by 50/50 or remain entirely on me?
Question about banking account. Let’s say, I had 50k at the time of the marriage. Can I take them with me after divorce or it will be divided too, like 50/50?
Could you please help me, I have a hard time finding this out.