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smithsussane
Joined: 18 Sep 2008
Posts: 10439
Location: Alaska
985.83 Dollars($)
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Hi Lisa!
Welcome to forums!
If you're staying in a community property state, then Moore Marsden rule will come into play when you're divorcing. As far as the calculations are concerned, you will have to contact a divorce attorney who is expert in this law and take his help in this matter.
Feel free to ask if you've further queries.
Sussane |
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lawpros4u@aol.com
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Post subject: Moore Rule |
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Is it true that only the principal paid by with Community Funds will be split but the interest paid on a house loan during marriage with community funds will be the separate property of the spouse who purchased the property before marriage? So in calculation, you need to know what the CP funds went to pay only the principal and those would be the funds that would be split 50/50; right?
_________________
Need help choosing the right loan? Get free consultation from community lenders/consultant |
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smithsussane
Joined: 18 Sep 2008
Posts: 10439
Location: Alaska
985.83 Dollars($)
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Hi lawpros!
Welcome to forums!
Community property laws will vary from one state to another. In such a situation, it will be better if you could contact a real estate attorney and take his opinion regarding this issue.
Feel free to ask if you've further queries.
Sussane |
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dianesle
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Post subject: Moore Marsden rule domestic violence |
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| My mom is getting a divorce in California. She owned a home prior to marriage. Her husband of 17 years tried to kill her. Does the Moore Marsden rule still apply if she was the victim of domestic violence? He will be sentenced to 5 years. |
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jameshogg
Joined: 20 Dec 2005
Posts: 10477
Location: Nevada
990.06 Dollars($)
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Hi dianesle,
Well, I think the rule may apply. It will be better if you could contact your a real estate attorney and take his opinion in this matter. He will help you in knowing the correct interpretation of the law in this situation.
Thanks |
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Josebaut
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Post subject: division of community and seperate property |
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| I got married in 1995. My parents gave me a house when they refinance and left me in the deed. My wife signed a deed release. My name only appears in the deed and its states separate property in 2003. In 2008 i refiance and took out equity and i still have it in a CD. I am divorcing now and the wife want half of everything. How much is she entitled? |
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adonis
Joined: 22 Oct 2005
Posts: 10569
Location: ALASKA
1090.22 Dollars($)
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Hi Josebaut,
You have mentioned that your wife has signed a deed release and now you own it as a separate property. In that case, your wife won't get any share from that property.
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Procrastination is the enemy of your financial success |
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Jose Bautista
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Post subject: moore marden |
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| The judge told me to find a family law mediator so that he/she can do a moore marden. My wife and i don't have attorneys. When i look for someone to do it, its always an attorney who states that they need to be hired as my attorney but i don't need one except to do the moore marden. where can i find a family law mediator who can do a moore marden in Los Angeles, CA.? |
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jameshogg
Joined: 20 Dec 2005
Posts: 10477
Location: Nevada
990.06 Dollars($)
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Hi Jose,
You can find some information in this given page: "http://www.osbar.org/public/legalinfo/1218_MediationFamLaw.htm".
Thanks |
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Mark Lapham
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Post subject: Reimbursement for FMV or rental value to SP OWNER |
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| Is there case law allowing reimbursement or setoff to the SP owner? |
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| This is something which needs to be clarified from a real estate attorney. |
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