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Transfer Of Property Ownership After Divorce

Property is normally the single most significant asset in a marriage and, therefore, it is at the core of most financial settlements in a divorce.

Often during the transfer of property ownership after divorce the matrimonial home is sold and the proceeds divided between the two parties.

But sometimes the property is transferred so that one spouse becomes the sole owner – the way you decide to divide the property you own is up to you and should be looked at as part of the overall divorce settlement you reach.

There is no one-fits-all answer, but for the purpose of this article, we’ll be walking you through everything you need to know about property law concerning the transfer of equity process after divorce and the potential tax implications.

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