Posts Tagged ‘property’

Mar 24, 2012

Divorce Advice: Who Keeps the House?

Who gets the house in a divorce?

Perhaps the greatest challenge in a divorce is deciding who gets to keep the house. In fact, the battle over the house can be the most emotionally draining experience of your life.

So how do you make your housing transition go more smoothly? Firstly, don’t take any action until you’ve hired a qualified family law lawyer who can guide you regarding all the legal and financial issues about the family home.

In most states, neither spouse can force the other to leave the home while still in the divorce process. Unfortunately, continuing to live together under the same roof in the midst of a divorce can cause untold stress and tension for husband, wife and any children involved.

May 19, 2010

Six Ways to Protect Your Pocketbook Before, During, and After Divorce

Divorce is expensive and can be a major setback in reaching your financial goals. During this time you’ll need to make serious decisions about your current finances and your future.

The following tips will help keep you on track and your divorce in order.

Tip #1 – Look at Your Current Financial Situation

Now that you’ve decided to divorce, it’s time to sort through your financials. But before you separate, pay for as many joint expenses using joint funds as you can. For example, pay for home repairs and new school clothes for the children using your joint account. After you split funds it becomes more complicated to track who pays for what expenses.