Divorce Lawyer Discusses Handling Expenses While Living Apart
As a knowledgeable New Jersey Divorce Lawyer, I often get questions from clients about the expenses while living apart through the journey of divorce. If it’s not possible during your journey for you and your soon to be former spouse to live in separate residences, it’s important that early on you decide how to maintain the expenses. If you own the apartment or the home that one person is going to continue to reside in, how are you going to pay the mortgage? What is that going to look like at the end of the settlement? Is someone going to get a larger credit because they paid all of the carrying costs while the other party was living somewhere else? Can the other party really afford to pay rent in another apartment? These are all financial considerations that you need to discuss with your attorney before you make the decision to live separate and apart.
This educational blog was brought to you by Tanya L. Freeman, an experienced New Jersey Divorce Lawyer.
Do you have any questions about living apart from your spouse during your divorce? Contact our professional New Jersey Divorce Lawyer for more information. Let our advice help you.