(A guest post from the Ilumni Institute) Attention Divorce Attorneys, Don’t forget to include proceeds division and distribution directives in sale-of-house orders! In addition to enforceability and protecting your clients' interests, here are a few of the issues divorce REALTORS® see when there are no orders or agreement regarding proceeds: Sale sabotage: When parties living […]
So, you’re divorced. Now what? Once the legal proceedings of your divorce are done and you and your ex-spouse have settled the bills, it’s time to start thinking about next steps. Specifically, it’s time to decide what you’re going to do for permanent housing. Your first step will be to explore your financial situation and […]
Divorcing is rarely an easy experience. Dealing with contentious spouses, protecting the emotional lives of the couple’s kids, figuring out an equitable separation of assets… Divorce is tough on everyone involved. Add to it the underlying trauma of losing not only the security of being in a relationship but also the loss of some—or all—of […]
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 […]
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 […]
