answersLogoWhite

0


Best Answer

It can be fraudulent "Where jointly-held property is transferred for the purpose of defrauding creditors, the transferor may not then share in the value of the transferred asset for purposes of equitable distribution". Consult legal counsel for more information.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How can a husband wife transfer be a fraudulent transfer in an equitable distribution state?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What would happen if the husband is the sole legal owner but husband and wife are joint equitable owners and husband dies and leaves the house to his mistress?

In most states, under the doctrine of "Election", the wife could file a claim in the husband's estate and receive a share of the value of the property. It is unclear what you mean by joint equitable owners.


In non -community property states how is property transferred after a marriage ends in divorce?

This will depend on the laws in the jurisdiction in which the divorce is taking place. However, in many jurisdictions such as in New Jersey, property is divided according to a concept called "equitable distribution". This means that in the divorce action the court will look at the marital property and the history of the marriage and divide the property so that it is equitable to both parties. The major factor is the roles each spouse played in the marriage in acquiring the marital property. A woman who was the housewife of the husband who brought in all the money will still be entitled equitable distribution since her contributions to the marriage as a housewife were just as important as his as the main earner.


In NC can the husband get half of wife's assets in a divorce?

NC is not a community property state. Assets would be divided in an equitable manner.


How can you transfer car from your EX-husband?

As with any transfer, the current owner has to want to. The best way is as a gift.


If my husband dies what happens to the house I'm not on the mortgage?

If your husband has a will then his property is distributed accordingly, if he not have a will then the distribution of property is determined by a probate court.


Can husband change title from both names to just his name?

No. If the wife is also on the deed to the premises she would need to voluntarily transfer her interest to her husband by executing a quitclaim deed.No. If the wife is also on the deed to the premises she would need to voluntarily transfer her interest to her husband by executing a quitclaim deed.No. If the wife is also on the deed to the premises she would need to voluntarily transfer her interest to her husband by executing a quitclaim deed.No. If the wife is also on the deed to the premises she would need to voluntarily transfer her interest to her husband by executing a quitclaim deed.


You get married will you be transfer to your husband city?

may be may be not it depends on which circumstances


Can a wife transfer a quitclaim deed to her husband even if he doesn't want her to?

No. In order to perfect a transfer of the title to real property there must be a delivery to and acceptance by the grantee of the deed. If done in secret, the husband can disclaim the property when he finds out about the transfer.No. In order to perfect a transfer of the title to real property there must be a delivery to and acceptance by the grantee of the deed. If done in secret, the husband can disclaim the property when he finds out about the transfer.No. In order to perfect a transfer of the title to real property there must be a delivery to and acceptance by the grantee of the deed. If done in secret, the husband can disclaim the property when he finds out about the transfer.No. In order to perfect a transfer of the title to real property there must be a delivery to and acceptance by the grantee of the deed. If done in secret, the husband can disclaim the property when he finds out about the transfer.


What does inter-spousal transfer mean?

It means a transfer between spouses such as a husband transferring his interest in land to his wife by deed.


Can a lien be placed against a property which is in tenancy of the entirety but the judgment is against the husband only?

No. If the property has always been in wife's name then it cannot be encumbered by a creditor of the husband. However, if the property was recently transferred by the husband and wife to the wife then the creditor may claim the transfer was a fraudulent conveyance and lacking any or significant consideration was made for the purposes of protecting the property from a creditor. A fraudulent conveyance will not protect the property from the husband's debt and may cause further problems.


How do you remove husband from joint vehicle title?

THEIR ARE ONLY 3 WAYS THAT THIS CAN BE DONE THAT I AM AWARE OF: 1. IF THE HUSBAND IS ALIVE AND HE IS AGREEABLE TO TRANSFER TITLE. 2. IF YOU HAVE POWER OF ATTORNEY FOR TITLE TRANSACTIONS FROM HUSBAND. 3. IF HE IS DECEASED THEN IT WILL REQUIRE DEATH CERTIFICATE OF HUSBAND.


My husband owned home before we married i co signed for a refiance loan am i you entitled to equitable distrubution of the home?

No - except in some states.I assume you now now have a divorce problem. Get a lawyer's opinoin in your state.