For most people, the decision over what to do about the marital home is a key issue in divorce proceedings. The choices for divorce negotiations regarding the marital residence in Georgia boil down to selling the property and splitting the proceeds as agreed or transferring the property to one of the spouses as sole owner of the premises. The first option is easy, but the second raises logistical moves and financial restructuring needs that must be carried out.
Whether one's finances equate to a high-asset divorce or that of an average middle-class income and assets, various issues should be covered in the negotiated settlement agreement. One of the first considerations of a divorce negotiation, whether in Georgia or another state, will be the children and their financial care, if applicable. One thing to decide, for example, is the future college expenses of the children.
According to researchers, separation and divorce are in the leading causes of possible emotional mayhem and stress for any age. This level of stress is right behind the death of a loved one. In Georgia, though, seniors who are going through a divorce may find that being of age can cause unique challenges. It may also have the potential for higher financial and emotional stress.