One of the many difficult decisions divorcing couples face, involves what to do with the their single most valuable marital asset- the marital home. Few questions present such a tightly woven blend of emotional and financial issues. As the repository of family memory and of nearly all the tangible personal property of the parties, the home often represents much more than its appraised value. Dividing and distributing the home brings up many questions including security and consistency for the minor children and maximizing the liquidity or cash flow against the cost of maintaining the asset in the future.
Posted March 17, 2015