Posted: Fri Feb 01, 2008 1:21 pm Post subject: Is my wife entitled to any portion of the home?
I was married 22 yrs and am getting a divorce. I owned my home 15 yrs prior to the marriage. I paid the mortgage off (wife did not contribute) after 7 yrs with an inheritance I received.
First of all I will like to ask in which state do you stay?
If it is a community property state, then your wife will have half of the ownership of the property according to the state law. But if it is not a community property state, the she will not have the ownership unless and until you add her in the deed.
Feel free to ask if you have any further questions.
If you stay in a community property state, then what ever real estate [property you got within the marriage period will be considered as community property and your wife will have 50% ownership. But any thing you got after or before the marriage period will not be considered as community property.
“I owned my home 15 yrs prior to the marriage.” So this will not be considered as community property and your wife will have no rights on that home.
Do let me know if you have any other questions.
Thanks
Blue _________________ Lets help each other. Try my blog
You need to discuss this with your divorce attorney......I don't think anyone here can answer that question. _________________ Cedric Kalvesmaki
***Professional Disclaimer***
While I am a Mortgage Professional, this advice is generic in nature only.
It will really come down to what a judge thinks is fair during the divorce proceedings. Because you were married for so long, I would think that she would be entitled to half of the equity in the home. _________________ Lisa Scherzer
Allpointe Mortgage
Expert Mortgage Broker
440-521-7060
Free
Mortgage Quotes
Get
Mortgage Information
Search
Real Estate Agents Here
elaine jones Guest
Posted: Tue Nov 18, 2008 7:20 am Post subject: my sister
my sisters husband has died her name was not on the deeds he said in his will she can live rent free till she dies and be paid some income from the interest of his money by the trustees at there discretion these being his blood relations then everything left after my sister dies along with sale of house to be shared among them they had been married for 18 years and he had never given her anything has she any grounds to contest will
I don't think there is anything she can contest in the will. If she contests the will, I don't think she will be able to get any special facilities. However, to be on the safer side, she can contact an attorney and take some legal advice.