DIVORCE ADVICE – WHO GETS THE HOUSE?

If parties cannot agree on how the house will be divided, either by sale or having one party buy out the other, the Court will award each party an interest in the house based on many factors. That may depend on how they contributed to the value or purchase of the home. It may also consider their ability to afford the home or their ability to refinance the property and buy out the interest of their spouse. The Court can order the sale of the home, however in some cases can postpone the sale when children are involved.  A party may also
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SETTLING A WILL. DON’T GO IT ALONE.

When a person dies their will if executed properly will pass assets in their name only to those in their will. If a person dies without a will then their estate will pass to their heirs under the law. This may not always be the desire of a person. A will allows someone to choose to whom and in what amount people will share in their estate. The will also allows someone to nominate their executor and a guardian and trustee if minor children are involved. Without a will the probate court will decide the executor guardian and trustee. Again
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