DIVORCE FOR HOMEOWNERS:

In dividing real estate there are a number of questions you need to answer.
 
1. Have you considered from the standpoint of an economic business decision whether it is in your best interest in the long run to sell or keep the residence.
 
2. Do you know how title is held not only to the residence but to all pieces of real estate you own?
 
3. Do you know the source of the down payment of any real estate? Did you use an inheritance or property you or your spouse had prior to marriage?
 
4. Even if you know the source of the down payment(s) on the real estate, do you have records which show the source of the down payment(s)?
 
5. Do you have copies of your State and Federal tax returns for all of the years of your marriage?