There are five critical questions divorcing women need to answer before deciding to keep the house. This is according to Jeffrey A. Launders, a Divorce Financial Strategist and the founder of Bedrock Divorce Advisors, LLC. Vancouver, WA family divorce attorneys recognize the value of considering the following.
According to Landers in MORE magazine, there are three varying attitudes women have regarding the home with which they dwelt with their soon-to-be-ex-spouse.
- A home filled with family history and sentimental value
- Center of painful memories and/or the root of financial trouble
- Matter-of-fact. The marital residence neither overwhelmingly positive nor negative.
The article suggests that if a woman wants to keep the martial residence, she needs to consider the following:
- Why are you interested in keeping the house? Make sure whatever the reasons they aren’t just purely emotionally.
- Can you afford to keep the house? House-related expenses can significantly impact a budget.
- Have you fully considered the true worth of the house vs. other assets? Carefully think through what the home will do to your bottom line—both now and down the road.
- What other living options are available to you?
- Could the proceeds of selling your house create new opportunities and allowance?
Crystal, a family law attorney in Vancouver, WA agrees that maintaining emotional distance is the best way to put yourself in a better position.
Call Lambert Law 360-737-1473 for the best advice in how to handle marital assets during a divorce.