Divorce is one of life’s most emotional and complex transitions. Along with the personal changes, couples are often faced with one of the biggest financial decisions of their lives — what to do with the family home. 🏡 For many couples, the house represents years of memories, stability for children, and a significant financial asset. Deciding what happens next requires careful planning, professional guidance, and

By Madelin Espino, CDRE®, CDS Court Appointed Certified Real Estate Expert Grey divorce refers to the dissolution of a marriage involving couples who are age 50 or older. This phenomenon has become increasingly common, and its legal implications can differ significantly from those of divorces involving younger individuals. As life expectancy rises and societal norms evolve, more individuals in later stages of life are

This is as a friendly reminder to include proceeds division and distribution directives in sale-of-house orders between divorcing spouses! In addition to enforceability and protecting your clients’ interest, here are a few of the issues we see when there are no orders or written agreement regarding distribution of proceeds at closing: • Sale sabotage: When parties living in the house have no idea if,

Due to rising home values, when it comes time to sell real property that is part of a divorce proceeding, your clients may face hefty tax consequences. They may suggest to you that they can roll their capital gains from one property into another one, or if it is their homestead property in Florida, they may be exempt from tax liability up to certain

Divorce can be messy…Selling your home shouldn’t be! During divorce proceedings there are many concerns that homeowners face that can dramatically reduce their net recovery. For example: How much is the home truly worth? How should the proceeds be divided after the sale? Which is the best title company to handle the transaction? How can tax or construction liens be released? Would it be

Divorce itself can be a frightening time in a person’s life. It comes with an abundance of uncertainties, which can lead to the question, “Where do I go from here?” These unfortunate events in a person’s life can lead to feelings of indignation and utter frustration, particularly when facing the unavoidable truth that divorce brings out the worst in people. Let us not forget