If you are currently navigating the New Jersey civil justice system because you and your spouse decided to sever marital ties, you may have already encountered and overcome numerous legal challenges. It is important to note, however, that finalizing a divorce does not always eradicate every legal issue. In fact, in certain aspects, your problems may just be beginning, such as if you have to sell your home and find a new place to live or you need to modify the terms of your existing estate plan. Post-divorce real estate issues can impede your ability to move on in life.
Real estate and other assets, complicated without a prenup
New Jersey spouses in high-asset situations may want to follow a case that is currently unfolding in another state if they plan to file paperwork to end their marriages in court. The situation is an example of how messy a divorce can get regarding real estate and other assets if a high-net worth couple failed to sign a prenuptial agreement before they wed. David Mugrabi, a member of a family who is known for its ownership of the world's largest private collection of Andy Warhol paintings, has become entangled in a nasty divorce situation that began when his wife allegedly found him lying naked alongside a house guest.
Do you have questions regarding post divorce real estate?
They say life is a series of ever-changing events. Like many other New Jersey residents, you might be inclined to agree, except for that string of years that felt like it was lasting an eternity where everything in your marriage stayed the same. You and spouse had stopped talking, stopped being friends and stopped trying to resolve problems you determined long ago were not resolvable. Now that you're moving on in life, you might be concerned with numerous changes that are going to take place, especially issues pertaining to post divorce real estate.
