Who stays in house during divorce?
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Who stays in house during divorce?
In the event of a family law separation, both parties are legally entitled to live in the family home. It does not matter whose name is on the ownership of the house. There is no presumption that the wife or the husband has to leave the house.
Is it better to keep the house in a divorce?
If you have concerns over your marital home in divorce, you are not alone. Keeping a house when you cannot afford it is one of the most common financial mistakes that people make when going through a divorce. Keeping the house in lieu of other assets which will grow faster and better may also not be the best decision.
How do I protect my home in a divorce?
Here are some effective and legal ways to protect money and assets from divorce.Prenuptial agreement. Remember: BFAs or pre-nups aren’t just protection for the party with more assets. Separation of assets. Separate roles and just compensation. Proper documentation. Discretionary trust.