Every time a couple files for a divorce,
one of the contentious issues that rises is the division of marital property
and other assets and debts. A dispute usually emerges when one spouse asserts
that the other should not be able to take over the property merely because the
title is only in one spouse’s name, say divorce lawyers in Dane County, WI.
You
need good reasons to stand your ground
For the most part, divorce is a
stressful time not only for the couple but for the kids as well. Smaller
children can be more disturbed by the thought that their parents are separating
and that they may have to move to another home. Therefore, if you are not very
sure about what is more suitable for your children then it would be sensible to
seek help from a remarkable child psychologist or discuss the potential options
with your spouse or even your legal professional.
You need legal help. There is no doubt
about this. It is not about being in over your head but when it comes to
divorce law, this is not your domain. Even it was, what is wrong with seeking
another unbiased opinion? Most likely though you are not a divorce lawyer and
you need a legal counselor in your life right about now. Click right here: Divorce.USAttorneys.com.
Determine
the long term benefits
Although emotional distress could be a
good reason to stand your ground and lay claim to your marital home, there are
several factors to consider when filing for divorce. Keeping the house might
give you a sense of security, but you need to understand whether you are
financially capable of managing mortgage payments, property taxes, maintenance,
and other expenses.
It is astute to set aside the emotional
aspect aside and determine the long term benefits. If you aren’t financially
sound then you ought to weigh other options. Utilize some help from a financial
advisor to determine if you would be able to manage the house and still be
financially stable.
It is not about the money, it is about keeping your sanity. Well, then sometimes that does revolve around money. |
You may be considering biting off more
than you can chew. You saw this in The Walking Dead. When Caesar Martinez (Jose
Pablo Cantillo) tried to run his own camp. He did not have the leadership
capability to pull this off and since he was not willing to kill The Governor (David
Morrissey) right when he encountered him in the hole this proved his judgment
of character was flawed too. Caesar was not willing to do what it takes to keep
people alive since The Governor ended up getting all those people killed too (The
Governor, in all his psychotic nature, had already killed one camp by this
time). And Caesar could have done something about it.
Now you do not have to worry about the
things Caesar did if you are going through a divorce which is awesome but can
you handle the home and maintain it by yourself? Do you know how to deal with
plumbers, painters, and so on and know how much real estate tax you will have
to pay for instance?
Moreover, when you have a family going
to court over any dispute in a divorce which includes property division,
this could be a daunting task. Therefore, make an attempt to talk to your
partner directly to iron out important issues that could even surface after the
divorce.
Wisconsin
– a community property state
Divorce attorneys in Wisconsin reiterate
that the state’s courts divides marital property equally between the divorcing
spouses since it is a community property state. However, this does not mean a
50/50 split although the courts do attempt to equally distribute assets and
debts.
Some of the factors that the court
considers in equal division of assets include the duration of the marriage, the
contribution of each spouse, whether either spouse has significant assets,
their age and physical and emotional health, and the ability of each spouse to
earn an income.
Dane County, WI divorce lawyers point
out that the court may consider giving all the equity in a marital home to the
spouse who may not have the ability to earn more than the other spouse in the
future. This is especially true if one spouse gave up their education or career
to support the other spouse’s pursuits.
Whether
you wish to keep your marital home or have any other issues such as alimony and
child support, it would be fabulous to seek help from a divorce
lawyer in Wisconsin. This is the best way to ensure that your rights are
protected so you can reach a fair settlement to safeguard you and your
children’s future.
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