It depends on how the home is titled. In most cases, if the home is owned solely by one spouse before marriage and remains in their name only, the other spouse may not automatically gain ownership. However, laws vary by jurisdiction, and couples can also choose to establish joint ownership through legal agreements like a prenuptial or postnuptial agreement.
If your name is the only name on the deed, then no. It depends upon the state in which you reside. Generally property obtained before a marriage is considered solely owned by the deed holder if the new spouse is not added to the property title. However, in some CP states spouses have been successful in gaining property rights even when they were not a title holder or privy to the purchase of said property of the "owner spouse" before the marriage.
No not automatically, the share of ownership would depend upon the amount of equity earned over time in a lot of cases.
sell the home and you each get half the profet.
Yes.And I would recommend leaving your spouse's name and ssn off of any paperwork
The money is left to the beneficiary as an individual. The individual can opt to "comingle" the funds, in which case the spouse has rights. If they put it aside into their own bank account--one without the spouse as a co-owner--then the funds belong to them alone. There is no right or wrong choice, except for the spouse to insist.
If both of you signed the deed to the house you are entitled to half. However if your spouse owned the house before you were married it belongs to him.
Absolutely not ! Whether you're single, engaged or married YOU are responsible for your OWN debt ! Even after you get married - your spouse is NOT responsible for debt YOU owe !
It's hard to tell what you are talking about from your question. What party? What kind of separation? Who owns the home? If you are married, own your home with your spouse, and your spouse wants a divorce, he or she can ask the court to award them temporary or permanent exclusive use and possession of the home. Without a court order, you can still live in your home.
yes, it can yes, it can Depending on the state you live in, in Michigan cohabitation is illegal so if one spouse is living with another person and not married to that person they can lose custody.
You need to talk to a divorce lawyer about that.
No. They were friends and worked together as duet partners. Each was married to their own spouse at the time.
Briefly it means that legally married people can own property in their own, sole capacity, even when acquired after marriage. Their spouse is not automatically given any interest in that property as they would be in a community property state.Briefly it means that legally married people can own property in their own, sole capacity, even when acquired after marriage. Their spouse is not automatically given any interest in that property as they would be in a community property state.Briefly it means that legally married people can own property in their own, sole capacity, even when acquired after marriage. Their spouse is not automatically given any interest in that property as they would be in a community property state.Briefly it means that legally married people can own property in their own, sole capacity, even when acquired after marriage. Their spouse is not automatically given any interest in that property as they would be in a community property state.
If you wanna buy a home and you are married by your spouse has a bad credit history and some debt issues and its also self employed can the other spouse get a loan on its own without the bank taking in consideration his income or credit issues? Can the wife get the loan only on her name and buy the property only on her name. State WI