How Do I Decide Where To Live During And After My Divorce?
It may be surprising to find out that even though deciding where to live during and after divorce is perhaps one of the most important questions that will come up in a couple’s uncoupling, it is frequently not at all considered in advance.
The decision has important ramifications for most-all families; whether that involves consideration of financial issues, custody and child residence issues, etc. And yet, every circumstance is unique to that couple and that family in particular, so obtaining advice from others may not always be appropriate or helpful.
Weighing Your Options
In making this decision, you will want to balance a number of factors before you make a final decision. Deciding whether to stay in your home, rent, or buy a new home will involve balancing emotional, financial, and practical considerations. Below, we discuss some of your options:
- Staying in your home: Having to sell the family home can be a very emotional decision for many people, especially if children are involved. It can be a difficult decision because, although the mortgage may be very difficult for one spouse to afford on their own, staying in the home can sometimes be preferable in terms of school districts and familiarity with neighbors. However, if your choice is to keep the home, you need to work with an attorney who can help you very specifically plan for the many costs that come along with maintaining a home that two people previously contributed to; not just in terms of the mortgage cost each month, but the various utility bills, maintenance, taxes, cost of repairs, etc. If you do decide to keep the home, keep in mind that the cost is not deductible in terms of alimony or child support, so addressing the cost would need to occur in the divorce agreement.
- Buying a new home: If you are looking for a change, this might be your opportunity to take that step. However, note that there are upfront costs associated with purchasing a home, and moving costs add to it.
- Renting: Finding a temporary location is sometimes best during and after divorce because it can be such an emotional time, and thus not an ideal time to make important decisions that will have serious financial ramifications.
Regardless of your decision, working with an attorney will help ensure that any related future transaction with your ex is well planned out in advance and thus does not turn into a battle.
Work With a Professional
Location is one such issue that it thus makes sense to chat about with an attorney advisor who is knowledgeable about the factors that go into your choices, who has dealt with this issue frequently in the past, and who is aware of how you go about ensuring that you and your rights are protected. In sum, working with this outside perspective can help you under the potential pros and cons (and costs) associated with your various options.
If you live in Florida, contact one of our experienced divorce attorneys at Arwani Law Firm, PLLC today to find out how we can help you obtain the very best resolution for your circumstances.