When you are getting a divorce, there are often serious questions as to who gets to keep the marital home, if anyone.
Let’s presume the marital home is titled in the names of both spouses:
During the course of the case, and for up to three years after the divorce, a judge can award one spouse exclusive use and possession of the marital home, provided that there is at least one minor child and the judge believes the child needs to live in the marital home for the sake of stability.
Payment for the mortgage and expenses of the marital home during the divorce case can be problematic if there is not enough money to go around. Judges and magistrates tend to try to find a way to make it work, even if it is financially painful to one or both spouses, just to maintain temporary stability for any children involved.
So, what happens at the end of the divorce case? Who gets the home? The answer tends to involve a combination of financial and emotional considerations. You may need to enlist the aid of a financial professional and a mortgage specialist. Within these professions, there are those who focus on assisting people going through a divorce.
It is also integral you seek the counsel of a highly skilled divorce professional to help you make the best choice for you and your children. Milstein Siegel can help you. Call us at (410) 792-2300 or fill out the form on this page to request additional information.
