I am in the process of a divorce. My husband will be keeping the homes (not selling) and buying me out. However, he wants to deduct 1/2 the existing mortgage from what the buyout would be. I was told by my attorney that he would be responsible for the mortgage because he will be keeping the home and will be receiving the equity for the homes if he chooses to sell at a later time. No young children. It was explained to me that if I was to pay him 1/2 the mortgage that would be like me paying off his mortgage on the homes he is keeping.
He is still saying I need to have 1/2 the mortgage deducted from what the buyout would be.. HELP