I am presently going through divorce proceedings, pre trial.
We purchased a home last year.
There is $307,000 equity with a mortage of $146,000
The equity came from my savings and business sales over the years,my wife
contributed nothing financially
We are married 17 years with 3 children under 18 yrs.
My wife did stay at home and looked after the house and all other issues.
Now her lawyer has suggested that I receive 50% of the equity and return $30,000 to
our kids college funds.
However I am not living in the marital home, and obviously I would like to
purchase a nice small apartment in the greater Boston MA .area.
I am not dure I am getting the fairest deal
Any comments would be greatly appreciated.