Can a judge decide who gets the house in a divorce?
When deciding who gets the house in a divorce, the presiding judge will consider several factors. In many cases, both partners keep the house for a while. Alimony, or payments to one spouse from the other, is also a factor.
Selling your home before a divorce
Selling your home before a divorce can be a big step toward moving on with your life, but it can also add a great deal of stress to your proceedings. Divorce proceedings are often dominated by real estate, and a home is often a couple's largest asset. Moreover, it may have sentimental value for both parties. As a result, questions about homeownership can be extremely complicated and even testy.
Before selling your home, it is important to consider your options for dividing the profit from the sale. You should keep in mind that home-sale profits are not always evenly divided between spouses. In some cases, the spouse who contributed more to the sale will get a larger share. A court will then have to decide on the profits. If you are unable to reach an agreement with your spouse, it is best to hire a divorce attorney who will help you work out an equitable agreement.
Protecting your interests before a judge decides who gets the house in a divorce
Divorce can be complicated, but there are ways to protect your interests and make it easier to divide the property. One of the best ways to protect your assets is to pay off your spouse's debts. Even if the money comes from joint accounts, inheritances, or gifts should not be deposited there. Your lawyer can help you prepare for the process and protect your financial interests.
Alimony is a payment from one spouse to another in a divorce
Alimony is a type of divorce support that a couple may decide to award to one another. This payment may be lump-sum or regular and can be permanent or temporary. The purpose of alimony is to assist the recipient spouse in establishing a new life after the divorce. The amount of alimony is set by the court and determined by the divorce decree. In some states, alimony is also known as spousal support or maintenance. It is a legal obligation for one spouse to provide financial support to the other, usually in cases where one spouse earns more money than the other. The payor may be faced with civil and criminal charges if he or she fails to meet these obligations.
Alimony payments are usually made periodically, usually monthly. However, the courts may order lump sum payments for maintenance in certain circumstances. These payments are usually in cash, but can also be in the form of a transfer of property. This process is separate from the regular property division process.
Getting an appraisal for your home
Getting an appraisal for your home during a divorce can be a big decision. It can be an emotional time and deciding whether to sell or keep your house can be a difficult one. After all, you've probably put years of your life into making the payments on your house. But getting an appraisal will help you make an informed decision.
Choosing the right appraiser is critical for the divorce process. In today's volatile housing market, determining the exact value of your home can be a challenge. Luckily, it's easier than you think. Your attorney or real estate agent should be able to recommend trusted appraisers in your area.
If you have any questions, you can get a free consultation with Ascent Law LLC:
Ascent Law LLC:
8833 South Redwood RoadSuite C
West Jordan, UT 84088
(801) 676-5506
