Divorces come with a lot of daunting decisions, one of the being what to do about Probate and joint property.
Divorce is both emotionally and financially draining, and it can be easy to feel overwhelmed. What you need in this time is access to clear information so that you can make logical decisions. A third party such as a divorce lawyer who provides unbiased information can help ease the process by giving you specific insights into how your divorce will affect areas such as your home, mortgage and taxes.
When you first start thinking about estate planning, one of the big decisions you'll have to make is whether or not to keep living in your current home. A lot of this decision comes down to figuring out if being surrounded by familiar objects will be comforting and emotionally stable, or if those same objects will just remind you of bad memories. Another key factor is deciding if minimal change is what's best for you, or starting anew somewhere else would be more beneficial.
Only you can answer those questions, but there will almost certainly be some financial repercussions to your decision process. What can you afford? Can you manage the old house on your new budget? Is refinancing possible? Or is it better to sell and buy another property that suits your budget more effectively? How much house can you purchase with your newly managed finances if selling is the route you choose to take instead?
If you're considering divorce, then this FREE special report is for you. "Divorce: What You Need to Know About Your House, Your Home Loan and Taxes" was created by industry experts and covers everything related to divorce proceedings and how it will affect your home ownership.