Arizona is a community property state, which means that property acquired during the marriage belongs to both the husband and the wife. This includes a shared family home. Because the home belongs to both spouses, it can become complicated to decide what happens to the house when a couple decides they no longer wish to be married. As part of the final divorce settlement, one spouse will get the home and the other will get other marital property so each spouse gets an equivalent amount of shared marital property. In some cases, neither spouse will take the home and it will be sold and the proceeds split among the two spouses. The final decision on what should happen to the house may not be made until the couple agrees on a divorce settlement or the judge decides how property should be divided. As a result, decisions may need to be made regarding who stays in the family home during divorce. A Phoenix, AZ divorce attorney at Singer Pistiner, P.C. can help you to understand your rights
Posted on: Tue, 18 Nov 2014 09:32:30 +0000
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