Author View (Stacy Schneider)

When it comes to dividing assets, including real estate, getting divorced is really no different from dissolving a business partnership. The “partners” hash out a contract designating how the spoils will be divided so they can go their separate ways. One important thing to watch out for in accepting the family home as part of your divorce settlement package, particularly in today’s housing market, is whether doing so actually is a good deal for you.  If you decide to keep the family home for the purpose of cashing out by selling it after the divorce, don’t get shortchanged in your divorce settlement more...