Dividing Property after Divorce with a 1031 Exchange
Real Estate, whether it is the marital home or investment property, is one of the greatest assets owned by married couples. Typically in a divorce situation, property is sold or retained by one party and ownership is transferred solely in their name. When real estate...
Mediating the Marital Home – Why working with a CDLP may be critical.
Mediation is a process in which a third person helps the participants in a dispute to resolve it. In order to resolve the dispute, the participants must negotiate a solution. Problem solving is part of the negotiations. The process of mediation is the management of...
Moving into a Rental Property after Divorce?
Often times in a divorce situation, one party may decide to move into an existing rental/investment property they retain through the divorce settlement and make the rental property their new primary residence. Makes sense when you need to find new housing anyway! It...
Understanding the Transfer of Real Estate During Divorce
The basic understanding of the various real estate deeds is a must when transferring title and ownership to real estate during a divorce situation. A real estate deed is a legal instrument (document), almost always in writing, that passes an interest in real estate...
Managing Divorce and Credit Card Debt
What happens to the liability for credit card debt in divorcing situations? In a divorce, the extent of a party’s liability for credit card debt depends on: whether they live in a common law or community property state. whether the debt is for a joint credit card, and...
When There’s a Need for Financial Mediation and Real Estate & Mortgage Financing are Present
Having a Certified Divorce Lending Professional (CDLP) on your professional divorce team, who understands the financial subject matter of real estate and mortgage financing in a divorce situation, maybe invaluable to all parties. The ability to illustrate financial...
The Puzzle Pieces of Divorce
A successful divorce settlement is a result of putting the pieces of the puzzle together in such a manner that both divorcing parties come out of the divorce whole. When the divorce settlement involves real estate and mortgage financing, the Certified Divorce Lending...
The Collaborative Law Process and Involving a Certified Divorce Lending Professional (CDLP)
Collaborative Law is a settlement process that focuses on helping families resolve complex disputes, often with the aid of specialists. The collaborative law process focuses on creating a safe environment for the parties to express, negotiate and resolve conflict...
