When thinking about assets like money, it’s relatively easy to divide it among the two spouses during a divorce. While there may be disagreements about how much each spouse is entitled to, the actual act of division can be straightforward. Other assets are harder to divide. This is especially true when it comes to the house that you and your spouse own. For many couples, the house is also the single largest piece of marital property that needs to be divided. Additionally, the strong emotional ties people have with their homes makes it something that each spouse highly values. Because of these factors, couples want to know which spouse will receive the house after the divorce is finalized. How is the house divided? If the house was purchased before your marriage by one spouse, that spouse would likely get to keep the property. The other spouse, however, may be entitled … Continue reading Who gets to stay in the house after a divorce is finalized?
