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Seperate Property Settlement

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California Lady Guest	Posted: Wed Jan 20, 2010 6:20 pm    Post subject: Seperate Property Settlement Like 0 Dislike 0 Hi I will soon be married to my husband for 9 years. We reside in California. In 2006 we seperated and in 2004 His mother passed. His mother had a living trust naming him as the owner of the homes. I contributed 50% or more to the expenses of the homes and their upkeeps. I have resided in on of the homes with our child since our split in 2006. Shortly after the homes were put in his name, we went to the county and put my name on the homes deeds as well, (inter spousal). QUESTION: Are these homes considered to be his seperate property or are they now community? What would my portion of the settlement be? Thanks for your help. _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
adonis Joined: 22 Oct 2005 Posts: 10250 Location: ALASKA 1043.57 Dollars($)	Posted: Wed Jan 20, 2010 9:20 pm    Post subject: Like 0 Dislike 0 Hi Guest, As your name was included in the property deed, you would be considered as one of the owners of the property. Moreover, if the payments towards the mortgage has been done from the community funds, you would be able to claim community property interest. I would suggest you to contact an attorney and take his opinion in this regard. _________________ Procrastination is the enemy of your financial success

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