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Owning property as a married couple could become a source of trouble and disagreement in the event of divorce or death of one of the owners. In this section, we provide you with some things to think about in order to prepare for these situations.
When buying a real estate property as a married couple, special attention should be paid to the potential termination of the marriage, so as to avoid the trouble and disagreements that frequently arise when it comes to the division or transfer of assets.
Planning for death of one of the property owners is emotionally difficult. However, it is important to envision different scenarios while all is well, so that your real estate property can be retained whatever happens.