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How to divide a marital home in a divorce
How to divide a marital home in a divorce

How to divide a marital home in a divorce

On Behalf of | Dec 26, 2018 | Family Law, Firm News |

There are many ways in which divorcing couples in Florida can choose to deal with a marital home. For instance, they could choose to sell it and split the proceeds. It’s also possible to keep the home in an effort to help the children through the initial stages of the divorce. Someone who has a sentimental attachment to a certain property may also want to keep it.

However, a decision to keep a marital home should be made objectively as opposed to based on emotion. An individual who wants to stay in a home should be sure that he or she can afford to do so. In some cases, this won’t be possible even with alimony or other financial assistance from the other spouse. Furthermore, whoever keeps the home should be the only one on the deed and the mortgage.

In the event that it isn’t possible for one person to keep the home on his or her own, selling can be an ideal option. This may be especially wise if parties to the divorce don’t communicate well. Of course, those who can get along together and have kids could try birdnesting. This allows the children to stay in the home while the parents rotate in and out.

When a divorce occurs, there are many issues that may need to be resolved, such as how to divide property. If children are involved, it may also be necessary to consider the impact of parental relocations or future stepparent adoptions on a divorce settlement. An attorney may be able to help an individual create a settlement that is in everyone’s best interest. This may be done with the help of a mediator or through a court order.

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