If you are planning to file for divorce, do not purchase a home in the meantime.
Even though you live apart, if you are not legally separated, your spouse will have a claim on the value of the home as a marital asset.
You should consult an experienced divorce attorney before making any large purchases before you begin a divorce action, and for guidance on when in the process you can safely make a major purchase like a house or apartment.
Laying out large sums of cash, even if you consider the money entirely your own, opens you to the potential of having to reimburse the marriage for the expenditure.
Effectively, you may pay twice, plus share in any equity improvements in the property you own and maintain.
Talk to an experienced divorce attorney before buying a home in Queens.
The lawyers at Zelenitz, Shapiro & D’Agostino can advise you on the best way forward that protects your finances and your dream home.
Call us today at 718-523-1111 for a free consultation with an experienced Queens divorce lawyer.
