Legal Question in Family Law in Massachusetts
Retaining home ownership
Is it possible as part of a divorce settlement to have one party retain ownership of the home and allow the former spouse and children to live there? The former spouse would be a tenant but the ''rent'' would be paid by the owner as part of alimony or support.
Asked on 11/30/07, 9:49 am
2 Answers from Attorneys
Michael Franklin
Michael M. Franklin, Esq.
Re: Retaining home ownership
Its possible if there are enough assets to offset the former spouse's share of the equity in the home.
Answered on 11/30/07, 10:01 am
Re: Retaining home ownership
A separation agreement can provide for anything except with respect to child support. You should meet child support guidelines. But your spouse is unlikely to accept same if she has an attorney.
Answered on 12/01/07, 2:29 pm
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