It’s sad to say, but in today’s world, many marriages end in separation, resulting in the fact that someone will usually end up keeping the house in the divorce. And whether or not you think you currently want the house, or are considering giving it up, you really need to think about your end game (i.e. what you want once the official papers are signed). During the divorce process, when it’s time for the division of the assets to take place, it’s common for spouses to turn on one another.
But they don’t have to!
Who Gets the House in the Divorce?
It doesn’t matter if you’ve seen one take place first-hand or not, you still most likely know how horrible the divorce process can be . . . but only if you let it! You and your spouse both have the power and control to take the high road, and get out of your current situation with as few battle wounds as you wish. Not to mention, if kids are involved, then it’s even more imperative to keep your cool, specifically when it comes to the division of the assets.
Depending on the couple, there may be a lot of assets (and more valuable assets) to divide up between spouses. However, usually, the house is the biggest asset, the one that both parties choose to go after. Right now, you may be wondering who should keep the house in the divorce. Before you decide on anything (and offer up your signature), ask yourself the following questions:
- What does the house really mean to me?
- How long do I actually plan on keeping the house? Forever?
- What (if anything) will I have to give up if I keep the house?
- Can I afford to keep the house?
- If kids are involved, shouldn’t them staying in the house be the top priority?
- Do I really want the house? Or do I just not want my spouse to have it?
- Is there a way for both of us to keep the house?
- Maybe we should sell the house, and, if there’s a profit, split it?
It goes without saying that these questions can be difficult, downright painful to answer. In a perfect world, you should be able to take as much time as you need to consider them, and then answer accordingly. However, depending on your current situation, time may not be a factor that is on your side. Therefore, you’ll just have to do your best. And, hopefully, you and your spouse can find a common ground, and fully cooperate during the divorce process.
Don’t Make it Harder
If at all possible, don’t make this situation harder than it has to be–while divorce is definitely not something one strives for, it does happen. And, sometimes, there’s nothing you can do about it. During this time, you’ll have a variety of thoughts and questions plague your mind, including whether or not you should keep the house in the divorce. Remember to first do what’s best for your kids, but then don’t be afraid to consider yourself and your needs. You deserve to be happy, and, one day, you will be again.
Find your way to an easier divorce with Divorce Help.