Law Office of Robert A. Skovgaard
Call For Your Free Consultation:
203-883-4506

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. One of the more challenging decisions is determining what to do with the marital home.

One partner may want to purchase the other out to keep the home. Alternatively, exes could opt to rent the home out and divide the proceeds. Some former spouses have opted to alternate the weeks they stay in the home, thereby allowing their children to continue living in the home they grew up in.

Deciding on the real estate agent who will be used is important. The agent needs more than just experienced in selling properties. They need experience in selling properties during a divorce. This is a unique process that requires the Realtor to have thick skin. They have to be able to stay the course when the two divorcing individuals have conflicting ideas. Furthermore, they must accomplish all of this while at the same time never playing favorites.

There are benefits of selling the home during the divorce. Each party will get a portion of the home sale and be able to move on with their new life a lot quicker. Determining what to do with the house allows the divorcing couple to focus on other joint financial challenges they have, such as credit card debt, loans and pension arrangements.

When determining what to do with a home during the divorce process, the advice of a family law attorney could be beneficial. Legal counsel can advise a client on how property division laws may impact their decisions.

No Comments

Leave a comment
Comment Information
Email Us For A Response
How Can I Help You?Schedule your free consultation today

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Law Office of Robert A. Skovgaard
1234 Summer Street
Stamford, CT 06905

Toll Free: 877-380-5663
Phone: 203-883-4506
Fax: 203-348-0196
Stamford Law Office Map