Dealing with The Family Home During Divorce

Dealing with The Family Home During Divorce

Property division during divorce can be a difficult subject for a number of families, especially when it comes to what to do with the marital home. While, in some circumstances, divorcing spouses may agree that either person keeping the family home doesn’t make sense for financial reasons, in other cases, one or both individuals may want to stay in the home, one may wish to buy the other one out, etc. And when the divorce is filed, some spouses are still living together in the home, and ask us, as their divorce attorneys, what their living arrangements during the divorce should be as well, especially when children are involved. Of course, like everything else in divorce, there are no black and white answers, and every case is different. Selling Couples choosing to address the marital home early on in the divorce process will sometimes benefit from quickly removing themselves from the situation and deciding to sell the home. Not only does the sale help them start anew, but it can provide both emotional and legal closure, and prevent them from having to deal with the costs of maintaining the home. Complications Associated with Keeping the Home Property division during divorce in Florida is based on equitable distribution, therefore, unless the marital home is and has been kept as separate property, it is either sold and the proceeds divided, or one party refinances the mortgage and purchases the other party’s interest. However, if both parties wish to keep the home, things can get more complicated by the following factors, for example: If the mortgage on the property is higher than the value, or in foreclosure, behind in payments, etc. and neither party can walk away with excess debt If there are children involved and reasons to keep them in the same house and/or school district If there are any impediments to refinancing Is It Truly ‘Safe’ To Stay Together in The Family Home During the Divorce? If there are viable reasons to live together in the same home during the divorce – such as for the sake of children – there are several factors that parties should consider, such as: Whether it is possible to live together peacefully in the home during the divorce. If there are children present and fighting is common, this can have an adverse impact on the children Whether the parties can afford multiple residents What impact, if any, living arrangements during the divorce might have on child custody and visitation arrangements: Some parents worry that if they move out and leave their children with the other parent, it can impact the time sharing arrangement Some judges find a couple living together during divorce to be questionable, therefore, living apart might be wiser for the sake of the divorce proceedings Contact Our Florida Divorce Attorneys to Find Out More What to do with the marital home, where you should live while you file for divorce, etc.—all of these are very important decisions that you do not want to make alone without consulting an experienced divorce attorney. Contact the compassionate and experienced Sarasota property division attorneys at HD Law Partners today to find out more about our services. Resource: natlawreview.com/article/what-happens-to-your-home-during-divorce Needing a Divorce in the Time of the Coronavirus: How to Protect Yourself Posted in Divorce | No Comments » Connect with us Archives May 2026 April 2026 March 2026 February 2026 January 2026 December 2025 November 2025 October 2025 September 2025 July 2025 June 2025 January 2025 January 2024 December 2023 November 2023 October 2023 September 2023 August 2023 July 2023 June 2023 May 2023 April 2023 March 2023 February 2023 January 2023 December 2022 November 2022 October 2022 September 2022 August 2022 July 2022 May 2022 April 2022 March 2022 November 2021 October 2021 September 2021 August 2021 July 2021 May 2021 April 2021 March 2021 February 2021 January 2021 December 2020 November 2020 October 2020 August 2020 July 2020 June 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018 March 2018 February 2018 January 2018 December 2017 November 2017 October 2017 September 2017 August 2017 July 2017 June 2017 May 2017 April 2017 March 2017 February 2017 January 2017 December 2016 November 2016 October 2016 November 13 Categories Alimony Appellate Arbitration Auto Accidents Auto Insurance Business Corporate Business Insurance Law Child Custody Child Support Criminal Law Divorce Family Law FEMA Insurance Payments Florida’s Mandatory 2‑Hour Legal Professionalism CLE: Foreclosure Defense Fort Myers Hurricane Insurance Attorney General Guardianship HD Law Partners Service HOA/Property Management Homeowners Association Homeowners Insurance Hurricane Claims Hurricane Insurance Insurance Bad Faith Insurance Claims Insurance Defense Insurance Litigation Landlord Tenant Law Enforcement Liability Loan Modifications Mold Water Damage Parental Rights Paternity Personal Injury Premises Liability Law Prenuptial Agreements Private Security Property Distribution Property Owner Law Sarasota Insurance Litigation Attorney Slip Fall Tampa Business and Corporate Attorneys tampa family attorney Tampa Insurance Attorneys Timeshare Timesharing Uncategorized HD Law Partners is proud to be your trusted full-service law firm Quick Links Property & Casualty Business & Corporate Litigation Family Law Contact Us Careers Get In Touch 2002 North Lois Avenue Suite 510 Tampa, FL 33607 813-253-5333 Contact Us

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