How do I choose the right appraiser?
Select a certified appraiser with experience in "divorce appraisals" and local real estate market knowledge.
What factors are considered in a home appraisal?
Factors include the property's location, size, condition, and recent sales of comparable homes in the area.
Why is a home appraisal important in a separation and divorce
A home appraisal provides an unbiased and accurate property valuation, ensuring a fair division of assets between the separating parties.
What is a matrimonial home valuation?
A matrimonial home valuation is an assessment of the fair market value of a home owned by a married or common law couple, specifically for the purpose of dividing property during a separation or divorce.
What legal resources are available for writing a divorce agreement?
Legal resources include online templates, legal aid organizations, and professional advice from Divorce Mediators or Certified Divorce Financial Analysts. These resources can guide you through the process and ensure that your agreement meets legal standards.
How do you handle property division in a divorce agreement?
Property division should be based on a fair and equitable distribution of assets and debts. Listing all marital property and deciding on its division can be complex, and consulting with a Divorce Mediator or Certified [...]
Can you include future financial arrangements in a divorce agreement?
Yes, future financial arrangements, such as college expenses for children or future spousal support adjustments, can and should be included in the divorce agreement. This provides clarity and prevents future disputes.
What are the common pitfalls to avoid in a divorce agreement?
Common pitfalls include vague language, overlooking assets or debts, not addressing future financial arrangements, and failing to plan for changes in circumstances. Working with a Divorce Mediator or Certified Divorce Financial Analyst can help you [...]
What happens if a spouse refuses to sign the divorce agreement?
If a spouse refuses to sign the agreement, you may need to seek court intervention to resolve the outstanding issues. A mediator can assist in negotiating terms that are acceptable to both parties, potentially avoiding [...]
If you don’t agree on all terms, what should you do?
If you don’t agree on all terms, consider working with a Divorce Mediator to help resolve the disputes. Mediation can facilitate communication and help both parties reach a mutually satisfactory agreement without going to court.