Legal Question in Family Law in Iowa

We are working on getting a divorce and have a couple questions about the house. We are working together on the divorce process. We do not want to end up hating each after the divorce..we have two children together and know we will be connected the rest of our lives because of them (graduation, marriage, grandkids, birthdays, etc.) Currently the house is in no shape to be sold..alot of unfinished projects!! Our youngest is 16 and lives at the house with dad and I live in an apt. We thought we would continue this living arrangement, working on getting the house into shape for sale. Once the house sells, we would pay off the mortgage and split whatever is left. Does this sound doable? Can we have the house in both of our names after the divorce? Is this advisable? Any suggestions? What about adding a specific date that the house needs to be put on the market - I was thinking the month after our youngest's graduation - or, if he gets remarried, the house needs to be on the market prior to the marriage and if not sold by the time of remarriage, the house would be appraised and I would receive 50% of the value of the property. In the mean time we thought that he would be responsible for the loan payment and any maintenance and repairs and that I would be responsible for paying the insurance and property taxes.


Asked on 9/06/10, 5:26 am

1 Answer from Attorneys

Robert Luedeman solo practitioner

You sound like you need an attorney to represent your interests. You are asking specific questions that deal with a substantial amount of money both now and in the future. Get your own attorney, protect your interests and let him protect his own as well-with a different attorney and that way it keeps everyone honest.

Remember that generosity is the most fleeting of human emotions.

Read more
Answered on 9/11/10, 9:45 pm


Related Questions & Answers

More Family Law, Divorce, Child Custody and Adoption questions and answers in Iowa