Dividing the Marital Home
Divorce proceedings are something that no one wants to think about. However, if you are going through one, it is probably all you can think about. Experienced Rochester family law attorney Michael D. Schmitt, Esq. will help you get through this difficult time. When it comes to dividing the marital home, you’ll probably have a lot of questions. What happens to the house? What about my car? What about the mattress I bought before we were even married?
Call our Rochester law firm today to get all the complexities sorted out so you can move on with the next chapter of your life.
Dividing the Marital Home | What Happens to the House After a Divorce?
Dividing the house is one of the most contentious aspects of the divorce process. Usually, it will require some negotiating and, possibly, mediation. This ordeal can move a lot smoother if the two sides can come to some sort of mutual agreement or compromise. Otherwise, the house is either 1) sold on the market and the profits split between the two, or 2) one spouse will purchase the other’s half and refinance.
Dividing the Marital Home | What Happens to Our Vehicles in a Divorce?
In a divorce, each spouse will usually be able to keep their own vehicle and will be required to continue making payments if there are any. If one vehicle has more equity than another, the issue can be addressed with extra credit in other areas of the marital property.
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Dividing the Marital Home | What Happens to My Personal Belongings?
In regards to furniture, entertainment, or personal collections, the courts prefer that you decide amongst yourselves how it will be split. Any property that you already owned prior to marriage can be kept. The same goes for any items that you were given, such as gifts, during your marriage.
Are you going through a divorce proceeding and have questions about dividing the marital home? Contact experienced Rochester divorce lawyer Michael D. Schmitt for legal assistance.