Alongi Law Firm, PLLC

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October 2019 Archives

Handling a house buyout in a divorce

When divorcing couples enter into property division negotiations, the marital home is usually the most valuable asset discussed. The community property laws in Arizona require marital assets to be divided equally, which means establishing an agreed-upon value for the primary residence is extremely important. This is usually done by qualified real estate appraisers, but it is often a difficult process.

What is community property?

If you are preparing for divorce, you may have heard that Arizona is a community property state. It may not be immediately obvious what that means. However, it could affect your divorce outcomes.

A split doesn't have to cause havoc on credit

When Arizona residents decide to seek a divorce, there are many areas of concern in how to build a new life. Finances, including credit score, are of great importance since they can determine quality of life after the divorce. There are steps that can be taken before the divorce decree is final that can protect that score and finances overall.

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