A basic primer for divorce attorneys. It’s an unfortunate fact: Some spouses attempt to hide assets before or during a divorce in order to avoid splitting them with their soon-to-be ex-spouse. In fact, according to the University of Mississippi, 53% of married people are keeping money secrets from their partners. In California, a state that posts very […]
Keeping a House During Divorce: Can You Simply Take Over the Mortgage?
Let’s face it, selling a house in California can be an expensive and time-consuming undertaking. And now that interest rates are on the rise, buying a new home has become even pricier for couples who are looking for ways to reduce the economic impact of divorce. As the most valuable asset most couples own, the […]
Divorce Real Estate: Keeping a Home vs. Buying Out the Other Spouse
Should your divorcing client keep or sell their house? Rising interest rates, increasing home values and waning affordability—the real estate market is changing, and divorce attorneys need to know what these changes could mean for their clients. Keep It or Buy Out the Other Spouse? The answer depends in part on whether they can afford […]