1. Understand the Role of Real Estate in the Divorce Settlement Real estate is often one of the most valuable assets in a divorce, so it’s essential to understand how it will be treated in your settlement. In most cases, the family home, rental properties, and other real estate will be considered p

Divorce is already a complex and emotional process, and when real estate is involved, it adds another layer of difficulty. One of the most common tools used in divorce-related property transfers is the quitclaim deed. But what exactly is a quitclaim deed, and how does it impact your real estate dur

What Are Second Mortgages and HELOCs? Before we dive into how they are treated in a divorce, let’s first define what a second mortgage and HELOC are: Second Mortgage: A second mortgage is a loan taken out against the equity in your home that is subordinate to the primary mortgage. It’s a way for

Divorce can be an emotionally charged and financially complex process, especially when it comes to dividing assets. Real estate is often one of the largest and most valuable assets a couple owns, and if one spouse holds sole ownership of the property, it raises unique questions about how that prope