Now that we’ve determined what the property value is, what’s the next step? Let’s say one of the parties decides they want to stay in the matrimonial home, so we need to do a spousal buyout.
How does a spousal buyout work? What happens with the equity that the house has accumulated? Do you have joint debts that need to be paid out first?
Let’s break down some numbers and take a look at everything you need to know!
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