During this discovery phase is when I most often determine if a spouse is trying to hide assets. Hiding assets during a divorce has major implications on both proper estate division & spousal maintenance. Additionally, if the assets are income-producing, the spouse receiving support may receive a lesser amount than what he(she) is entitled to.

 If you and your spouse agree to sell the house immediately, you will have to work together to choose a real estate agent, assign an asking price and get the home ready to show. As a couple, you will be able to make up to $500,000 in profit without having to pay capital gains taxes, provided you both lived in the home two of the five years before the sale. Selling the home produces a clean break and the freedom to decide whether you’d like to downsize, rent or move to a different locale.