A question that is commonly asked during divorce is “How do we determine the value of our home for purposes of the divorce if we are not actually selling it?” The answer is: “It depends.” It depends on the method you and/or your husband select or upon which the judge relies. Some of the more Read More…
Wife Misappropriated $300,000 And Now She Wants Alimony? Will She Get It?
March 27, 2009 by
You Asked: “A wife and husband sell property and the funds are wired into their joint account. Two days after the wire wife transfers the entire amount into her own personal account, to which husband does not have access. Wife spends all of the money and now, she and husband are getting divorced and wife Read More…
My husband holds title to our home. Will I receive one-half of the Equity in our Divorce?
March 2, 2009 by
You asked: “Am I entitled to any of the marital assets in divorce, specifically one-half of the down payment on our home that is titled in my husbands name? (We live in Illinois)” Answer: The answer really depends on whether the home belonged to your husband before you got married or whether you purchased the Read More…
Literally, a 50-50 divorce split
October 10, 2008 by
A Cambodian couple has taken the figurative “50-50″ divorce split literally, and cut their house in half: one-half of the house goes to the wife and the other half, to the husband. And, to make the break even more mathematically titillating, the couple also has divided the underlying land into four sections, and assigned a Read More…
Weekly Divorce Tip: Discovery
March 31, 2008 by
If you have been using our weekly divorce tips to initiate your divorce, dissolution or legal separation, you should now be in the discovery phase. Discovery is the legal process of gathering all relevant information about your assets, income, debts and expenses so you can determine how your estate will be divided or what you Read More…
Property Valuations in Divorce
February 8, 2008 by
This post has moved. Technorati Tags: divorce divorcing getting divorced property value valuation asset division appraise appraisal real estate home house marital residence law legal woman relationships women
5 Reasons To Sell Your House
August 15, 2007 by
If you and your husband own a home together, you might consider selling it before or during the divorce if: You can’t afford the costs of the mortgage, maintenance, insurance and taxes, on your own. Neither you or your husband has enough cash or equity to buy the other out. The mortgage lender won’t allow Read More…
“Prenuptial” and “Agreement” are Not Bad Words
January 29, 2007 by
Here are ten reasons to sign a prenuptial (premarital) agreement 1. You love and respect yourself enough to protect your future. 2. You love and respect your fiancée such, that if you ever part ways you want the process to be simple, friendly and completed as quickly as possible. 3. The terms of your agreement Read More…
