Margit grew up in Fayetteville, the daughter of a military service member. Her father was a retired veteran who served in World War II and both the Korean and Vietnam wars. Her mother is from Moravia, but became a naturalized citizen of the United States in 1953. Margit graduated from Terry Sanford High School where she and her twin sister hold the record for winning the State's Tennis Doubles Championship for four years in a row. She received her Bachelor's Degree in Art History from UNC-Chapel Hill and her Master's of Science in Government from Campbell University. She received her law degree from Campbell University Law School in 1990. Margit's legal career began with Blackwell, Luedeke & Strickland where she primarily practiced in the area of family law. She established her own law firm in 2001. She is a member of the Family Law Section of the North Carolina Bar Association, is a member of the Executive Committee of the Cumberland County Bar Association and a member of the 12th Judicial District Bar Association. She was recently appointed to the Disciplinary Hearing Commission of the North Carolina State Bar. She is an active member of the St. Patrick Catholic Church Parish, serving on several committees.