Sunday, September 13, 2009

Dividing Up The House

I like how Los Angeles Divorce and Family Law succinctly sums up the choices:

What are the options for dividing the house?

There are three options if you are trying to reach a settlement:

* One spouse buys out the community interest share of the other spouse;
* The house is sold and the proceeds are divided; and
* The house remains in joint names for a limited period of time and is then sold to the other spouse or is put on the market.
Those same choices apply in Indiana.  They also applied in contested hearings  The only question being - which one works best for the particular circumstances of the case?

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