In a divorce, assets and debts accrued during the marriage are divided. The most valuable marital asset is usually the house. The largest debt is usually the mortgage. Deciding what happens to the house is often complicated and fraught with emotion. If a house belonged to one spouse before the marriage, it usually falls outside the “marital assets” and remains the property of that person. The other spouse can be compensated for any increase in value he or she helped …
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