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  Posted to group - Money matters    <<Previous    Next>>

inheriited land & house, does husband have a chance at recieving during divorce

Is it possible that the current spouce could get house/land that was inherited from previously deceased spouce/marriage?

by nanna   1 Post 
Posted on 1/4/2008 1:48 PM
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Answers for "inheriited land & house, does husband have a chance at recieving during divorce "  (6) (You must be logged in to answer)




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by gift200   9 Posts
Posted on 11/13/2008 5:40 AM
0





Boy, this is hard. How does one enter into this thing called 'marriage' and cover your back at the same time?

Personally, and in hindsight, I think the way to handle it is to have pre-marital owned property and inheritances placed into a trust as soon as you own them.

That way, when you meet someone and it gets serious this is already a done deal and completely separate from your new involvement with no reflection on your beloved.

Don't make the mistake of under appreciating the assets that you have or you will be vulnerable to putting them at risk.
 
If you work with a lawyer to create a trust for your house or portfolio (savings account, whatever) you will also receive the details of how to ensure that you do not co-mingle this pre-marital property. Later, when he dumps you for a trophy wife, trophy car, or trophy horse; you will at least have what you came in with instead of less.

Some of the details that I found out after it was too late were: A separate checking account for the property and/or portfolio...always kept separate.

Never, Never let spouse sign your name...this can be claimed as "implied consent". Very dangerous and a slicker can set it up so that you are, say, unavailable to 'sign' the taxes.  He says: "They have to go in tonight! Should I just sign for you?"

Don't do it! Don't ever let spouse sign 'for you' and do maintain your pre-marital property 'sole and separate'.

State-by-state, so here is hoping your state is to your benefit. I think contributory consideration is a trick. It is pretty obvious men are the more obvious contributors...women are homemakers. This law is a trap.

by pegNRS   4 Posts
Posted on 9/23/2008 9:26 PM
0





Real estate questions are resolved variously in a state by state review.  The rule of thumb is that inheritances are sole property, but the sole property aspect of the inheritance can be muddied by subsequent actions.  It is advised to consult a proper LEGAL authority IN YOUR STATE for the answer to this.  You will need all information you can gather about this:
When did you receive this?
Did your spouse receive any benefit from this?
Did you put your spouse's name on the title? (This can even be remedied in many jurisdictions)
Did your spouse help you improve your inheritance (stocks included:  did he/she advise you of how to "play the market?"
Did your spouse help paint the property?
Did yhou use community fund to help improve the property?
SEE  A QUALIFIED LEGAL AUTHORITY to see what applies to YOUR particular situation.

PS:  I am not a lawyer.

by mr5050   1 Post
Posted on 7/6/2008 9:50 AM
0





I live in nc, and according to the laws here, any inherited property belongs to the person it was left to whether you are married or not.
by wormie   2 Posts
Posted on 6/4/2008 4:34 PM
0





It may become a part of your total marital assets that you have while married.  Your state may have certain laws you need to look into.  A real estate attornet would be good to talk to.
by LeeLee   6 Posts
Posted on 2/27/2008 3:02 PM
0





that one is tricky. has he been living in this house for sometime? is his name on it?
by Vicki   854 Posts
Posted on 1/4/2008 2:21 PM
0







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