When North Carolina couples decide to divorce, determining how their marital property will be divided can be a difficult process. In many cases, determining what to do with the family home can be one of the hardest decisions to make, especially if one person wants to keep the family home. Before any final decisions are made, there are some important factors that should be considered.
Factors to consider when determining to keep the home in divorce
Insurance changes can come with divorce
When people in Florida decide to divorce, they can encounter a range of financial questions and challenges. While many people are aware of the effects of property division and other major issues, fewer may think about the consequences of divorce for their insurance situation. Divorce can lead to several significant changes in insurance coverage, especially when it comes to life and health insurance. Most of these changes should be handled promptly after the dissolution of the marriage is finalized.
Is it time to ask the courts to modify your alimony payments?
Divorce has a way of affecting your life for quite some time. Couples without children may hope for a clean break, but that isn't always possible. Even if you divorced several years ago, you could still have to deal with the financial consequences of that divorce. Ongoing spousal support, also called alimony, is sometimes the result of divorce proceedings.
