What is the Divorce This HouseTM Legislative Initiative?
Most states provide (through statutes, court rules, fill-in forms, seminars/classes) detailed guidance for divorcing spouses regarding: child custody/visitation; child support (guidelines); alimony (calculation, duration, classification). Although the marital home generally accounts for 60% of a family’s net worth, there is nearly no state-prescribed guidance for divorce real estate. Divorce real estate guidance is desperately needed by today’s divorcing home owners, to minimize divorce-related costs/fees and maximize divisible house equity. This allows divorcing home owners to “Move Forward With MoreTM.” Given the real estate information gap for divorce, we developed a state-based pilot program directed to: house valuation (means of calculation); evidence of house value (admissible in court); and divorce real estate seminars for divorcing spouses (law, finance/mortgage, title/tenancy, tax, default/foreclosure, house preparation/sale pursuant to divorce, etc.). In addition to innovativ
