Divorce and Your Real Estate

Disposition of the family home frequently causes problems in a divorce. Custodial parents may want to hang onto the home for the sake of the children. Perhaps one or both spouses can't afford to purchase a similar replacement home. Much depends upon the amount of equity in the home and the ability of each spouse to keep it.

The following is a portion of a chapter of my Divorce Strategy that contains information to get you started on the road of evaluating your divorce decision about your real estate.

Some questions that you need to answer are:

* Should you sell the family home?
* Do you keep it until the children are grown?
* Should you keep the home and buyout your soon to be ex-spouse, or vice versa?
* Can either of you afford to keep it after the divorce?

The answers to these questions and others can help you avoid or plan for problems associated with your real estate. Historically, the family home is the asset that most often causes controversy both before and after a divorce.

The principal reason for this problem is the timing of the sale of the home and the division of the net proceeds. Both events frequently occur some time after the divorce. In addition, couples seldom plan as they should for the payment of household maintenance and upkeep during the pendency of the divorce. At first glance the family home appears to be the easiest asset to identify and describe. For purposes of a divorce, the description of your ownership interest in your home and other real estate can be very complicated with pitfalls for the unwary. As with the division of personal property, the rules and laws regarding the division of real estate vary from state to state. Consult with your lawyer about your rights and responsibilities after you have read this section and put together your worksheets.


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Til Debt do Us Part

From undisclosed debt to unstated resentment, couples increasingly lead covert financial lives.

This secrecy creates a new form of infidelity one that's more dangerous than sexual betrayal.

Emilie Pooler's suspicions were aroused one night when she called her Lawrenceville, New Jersey, home and her husband, Paul Rybinski, didn't answer.

"I was with the girls visiting my family, and he was home alone," Emilie recalls. Later, when she did get hold of him and asked where he had been, he didn't lie. "Well," he said, "there's this woman whose husband died..."

Paul and Emilie both test developers at Education Testing Service in Princeton and parents to two young girls, consider themselves prudent by most standards. They agree on most financial decisions. They own a three-bedroom town house, never carry a balance on their credit cards and splurge only on vacations.

But Paul has a comic-book collection—about 9,000 strong, most acquired before they were married—and it's Emilie's pet peeve. "When I found out that they were worth about $34,000, I thought, 'Great, we can sell them and use the money as a down payment on a house.' But I had to come to the realization that the collection isn't mine; it came before the marriage. If he wants to keep it, that's fine—so long as he's not using our money to buy more!"


For the full article click the link: Til Debt do Us Part

If you’re working to improve your marriage, here are the 9 habits of happy couples.

1. Go to bed at the same time

Remember the beginning of your relationship, when you couldn’t wait to go to bed with each other to make love? Happy couples resist the temptation to go to bed at different times. They go to bed at the same time, even if one partner wakes up later to do things while their partner sleeps. And when their skins touch it still causes each of them to tingle and unless one or both are completely exhausted to feel sexually excited.

For the other habits click the link: 9 habits of happy couples.

How Do the Courts Determine Alimony?

The Basics
Contemplating divorce is always difficult. Whether you are sure you want to end your marriage or are still considering your options, it helps to learn the basics of divorce law and process. Should you conclude that divorce is necessary

Click the attached link for the whole article: How Do the Courts Determine Alimony?

Will Your marriage Last

Studies show that the newlywed years can foretell the long-term outcome of almost every marriage. What do your newlywed years predict for you?

What if I told you that there is a man in America who can predict, from the outset, whether or not your marriage will last? He doesn't need to hear you arguing; he doesn't need to know what you argue about. He doesn't even care whether you argue at all.

Click the attached link for the whole Article: Will Your marriage Last?

Look Before You Leap:Divorce Isn't Good for all

When people divorce they have visions of better lives. Old problems will vanish, they hope, as new dreams take their place. These dreams usually include meeting candidates for more intimate relationships, more compatible sexual partners, improved financial status, more freedom to pursue personal goals and new opportunities to make independent choices. As explained above, these dreams frequently do not materialize, creating a whole new set of problems.

Click the attached link for the whole article: Look before you leap....

Divorce- the basics

The Basics

Contemplating divorce is always difficult. Whether you are sure you want to end your marriage or are still considering your options, it helps to learn the basics of divorce law and process. Should you conclude that divorce is necessary, it is very important that you seek the assistance of an experienced family law attorney. Involving a knowledgeable family law attorney as soon as possible in the divorce process is one of the best ways to preserve your own long-term financial and emotional health.

Click the attached link for complete article: Divorce- the Basics