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Did You Know...
Family Law Software can calculate child support guideline amounts in 21 states.
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Question: How Can I Reflect a Buy-Out of the Home?
Answer: Because the home is such an important asset, we have provided many ways to reflect a "buy out" of the home.
Typically, the mortgage is refinanced, with some of the proceeds going to the spouse who is being bought out.
In that case, you would answer "yes," to the question whether the mortgage is a new, refinancing, or buyout mortgage.
You specify the amount of proceeds that is being kept by one party