The fate of the family home in a Missouri divorce

| Mar 22, 2019 | divorce

There is no doubt that the end of a marriage is a significant time period for all involved. Couples in Missouri who choose to divorce are often left to make significant decisions that could ultimately have a lasting impact. One of the biggest decisions is what will happen to the family home.

There are several options when it comes to the family home. While there are benefits of keeping it — such as maintaining stability and routine for children — there are also potential consequences to be considered. For example, each person must carefully examine whether he or she will be able to make the monthly payments and maintain the home on a single salary. If one party is able to, he or she may have the option of buying out the other.

In many cases, the couple may choose to sell the home. Depending on the individual circumstances, selling the home could allow each person to move forward more quickly, potentially providing both with the funds to buy a new home. If this is the chosen path, it becomes easier if both people are willing to work together to prepare the house for the market and make the selling process as smooth as possible.

Even when couples agree that a divorce is in their best interests, the process can seem overwhelming, especially for those who have little to no family law experience. As such, many in Missouri who have chosen this path want additional guidance. An experienced family law attorney can help someone understand the decisions that must be made and the potential long-term consequences of each.