Q: THE HOUSE WOULD NOT BE SOLD FOR AT LEAST 5 YEARS.
A: David's Answer: If the kids are in college now, then the expenses must be paid now. That said, you can always take out Parents loan to cover your portion (assuming the divorce agreement/judgment requires you to contribute to same). You can then payback the loan once the house sells. Schedule a consult with a Putnum/Westchester Family Law attorney for more info. -- David Bliven, Westchester Family Law attorney (www.blivenlaw.net)
I am a former Family Court prosecutor and handle all divorce and family law matters, including contested and uncontested divorces, child custody/visitation, child support/paternity, adoptions, family offense (orders of protection), child abuse/neglect and juvenile delinquency. I practice primarily in Westchester (White Plains and vicinity) and the Bronx (Riverdale and vicinity). My website can be found at www.blivenlaw.net.
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