which takes precidence a Will or Divorce Papers?

Author Message
Icon Mini Profile chehov




Joined: 07 Sep 2009

Posts: 2

2.00 Dollars($)
PostPosted: Mon Sep 07, 2009 9:11 am    Post subject: which takes precidence a Will or Divorce Papers?

In my divorce my papers state in the event of my death my home goes to my ex. I am supposed to draw up a Will stating this fact in it. What happens if no Will is made. I live in GA. My ex. is co-signer on my mortgage but is no longer on the deed to my home. Washington Mutual removed him from owning the home but would not remove him from his obligation on the loan but placed him as co-signer.
Icon Mini Profile frankmcdowell2000




Joined: 07 Sep 2009

Posts: 57

0.48 Dollars($)
PostPosted: Mon Sep 07, 2009 10:02 am    Post subject:

chehov,

you can state and distribute properties/ assets to others/ trust that you are owning.
Icon Mini Profile chehov




Joined: 07 Sep 2009

Posts: 2

2.00 Dollars($)
PostPosted: Mon Sep 07, 2009 10:38 am    Post subject:

You mean in my Will I can state and distribute properties/ assets to others/ trust that I own, right?
What I am wondering is if no Will is made and I die will my home still go to him or can I make a Will and Will my home to someone else even though it states in my divorce papers it will go to him?
Icon Mini Profile adonis
adonis



Joined: 22 Oct 2005



Posts: 3852
Location: ALASKA
120.89 Dollars($)
PostPosted: Mon Sep 07, 2009 7:43 pm    Post subject:

Hi chehov,

In my opinion, if you do not draw up a will, the property would go to your husband as stated in your divorce settlement. In case, if you make a will to give your home to someone else, your ex-spouse can dispute it in the court. There are chances that the case would go in his favor.

_________________
Procrastination is the enemy of your financial sucess
Guest








PostPosted: Mon Sep 07, 2009 7:51 pm    Post subject:

Thank You
Icon Mini Profile gmakerley
gmakerley
Community Mentor
Community Mentor


Joined: 09 Nov 2007

Posts: 7447
Location: bloomfield, ct
70.06 Dollars($)
PostPosted: Tue Sep 08, 2009 11:34 am    Post subject:

i agree with what you've stated adonis...creating a will that contradicts the divorce court's edict would create lots of trouble, and the former spouse would likely remain the beneficiary anyway. of course, our poster wouldn't care at that point, but that's no reason to muddy up the water.
_________________
George M. Akerley
Loan Consultant

860-221-5044
Icon Mini Profile kas_mah80




Joined: 06 Sep 2009

Posts: 31

-3.10 Dollars($)
PostPosted: Thu Sep 10, 2009 11:50 am    Post subject: hi

hi
i suggest u to go ur lawyer and take ur things because its urs..........
Icon Mini Profile gmakerley
gmakerley
Community Mentor
Community Mentor


Joined: 09 Nov 2007

Posts: 7447
Location: bloomfield, ct
70.06 Dollars($)
PostPosted: Thu Sep 10, 2009 12:10 pm    Post subject:

checking with a lawyer is the sensible thing to do here, but it's hard to reconcile the requirement stated by the court with what passes for rights but is actually greed.

(not you, chehov)

_________________
George M. Akerley
Loan Consultant

860-221-5044
Quick Reply
Your Name
Subject
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Ask Questions
Community Experts
Cliff Pape - market Analyst Cliff Pape
Market Analyst
Houston, Texas







Highlights
Related Readings
Bankruptcy
Mortgage Loan Modification
Mortgage after foreclosure
Avoid Foreclosure


Helpful References
Mortgage Terms
Mortgage News
Book Center
Mortgage Guide
Shop and Compare lenders


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards
Five simple ways to earn money with the Mortgage Community.

New and upcoming tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool






DebtConsolidationCare    Insurance community: We Make You Insurance Smart    CreditMagic: Helping you build up credit


We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0