Those who own a home in Connecticut may believe that they can assume a mortgage in a divorce. However, this is not necessarily the case, so it is a good idea to read the mortgage document before deciding on what to do with a marital home. Since 2008, it has become...
Month: March 2019
Determining what to do with the marital home during a divorce
Connecticut couples going through a divorce understand how difficult a separation can be. In addition to dealing with the emotional impact of divorce and the effects of the transition on the children, there are a number of financial issues that have to be addressed....
What makes for a fair and equitable property settlement?
As you prepare for your Connecticut divorce, one of the things you may be concerned about is how you and your spouse will divide up your marital assets between you. Given that Connecticut is an equitable distribution state, you and (s)he can divide your assets however...
Marriage and divorce rates changing nationwide
Divorce and marriage rates are shifting for many states throughout the country. For people in Connecticut, the marriage rate is one of the lowest in the country, while the divorce rate sits at just about the national average. While many people go into a marriage...
Grey divorces demand legal attention
In Connecticut, grey divorce continues to attract older married couples. Today, 25 percent of married couples get grey divorces in comparison with the 1990s when only 10 percent of couples over the age of 50 got divorced. It is a traumatic experience to get a divorce...