Answer: With regard to the individual contributions made by each of you to the purchase and upkeep of the home, you both appear to have an equal interest in the home which, if purchased with Marital Property (see definition in earlier email answer) belongs equally to you both. With regard to spousal maintenance, if he […]
Answer: With regard to the individual contributions made by each of you to the purchase and upkeep of the home, you both appear to have an equal interest in the home which, if purchased with Marital Property (see definition in earlier email answer) belongs equally to you both.
With regard to spousal maintenance, if he is indeed earning much more than you are, the court would most likely provide you with some additional maintenance for a limited number of years to give you a chance to adjust to the new financial circumstances.
If you are both insisting on keeping the house, and there are not minor children involved, the court will generally require that the house be sold.
If you are in the New York City metropolitan area I strongly recommend that you call me at 212-370-1660 to see if we may be able to arrange for divorce mediation which would help you and your spouse arrive at a settlement which could meet the needs of both parties.
Leonard M. Weiner, Esq./Divorce Solutions