What Happens To The House?

The home that you and your spouse share likely has more value attached to it than just money. The marital home is where some of life's happiest moments occur. It is why deciding what happens to it in a divorce can be one of the most contentious issues.

Few attorneys in Suffolk County, New York, understand how to handle contentious property division issues better than we do at The Law Office of Castrovinci & Mady. We have more than 40 years of combined legal experience fighting for clients in and out of court to help you decide what to do with such a valuable asset.

You And Your Spouse Can Be In Control Of The Process

In many cases, spouses will negotiate an agreement on what to do with the house, because they do not want a judge to make the decision for them. It may be better to save the time and money.

Some common outcomes may include:

  • You and your ex can sell the house and split the proceeds.
  • You can sell your part of the house to your ex so he or she can continue to live in it.
  • You can buy your ex's share of the house.
  • You can trade off the equity in the house against other marital assets.
  • You can continue to own the home jointly and decide on a resolution in the future. This may be a good option if you and your spouse have children and do not want to make them move.

The property division process can proceed much more smoothly if you and your spouse negotiated a prenuptial agreement.

If you do or do not have an agreement, we will work with the right experts to get a fair appraisal of the house so any sale is fair. If your spouse is not willing to negotiate in good faith, we will not hesitate to go to trial, where we have an unrivaled track record in this region.

Call Us Today To Schedule A Free Consultation

A divorce will leave you facing all types of questions. We have the answers. Schedule your consultation with an experienced divorce lawyer at our office in Smithtown today to get the help you need. Call us at 631-352-2898.