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Does a TN wife have rights to value in a house paid on for 4 years with marital then paid off with the husband's inheritance if her name was never added to the bank loan contract after they wed?
Wiki User
∙ 18y ago
Yes, the names on the loan agreement are irrelevant ownership is determined by the titling of the property. Tennessee is an equitable property state meaning property that is acquired during a marriage is divided so as each spouse has a fair (but not necessarily equal) share. A 50-50 split of marital property is guaranteed by law only in community property states. Other states have laws that address how the property was acquired during the marriage, such as an inheritance, monetary awards in personal injury lawsuits, pension annuities distribution regulations (such as RRB benefits), and so forth. Whether added or not, marraige makes it so a woman can take her share in court. You are entitled to half of everything he owns unless you signed a pre-nuptual agreement.
Wiki User
∙ 18y ago
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