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It depends on the state, but most states split all assets gained during the marriage during the divorce settlement regardless of specific ownership.
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∙ 13y ago
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If a married spouse buys a home in his name only is that considered marital property upon his death?
no
How can a home be protected when it is jointly owned by a married couple and only one spouse files for bankruptcy?
It depends upon how the property is titled and the homestead exemption allowed. In community property states the home of a married couple will become a part of the bankruptcy if it was acquired during the marriage and if it is not covered by the homestead exemption. In non CP non TBE states a home is not at risk as long as it is protected by the homestead exemption and only one spouse is the debtor/filer. In states that allow property to be held as TBE by married couples the home would not be subject to BK action regardless of the homestead exemption amount when only one spouse is the debtor/filer. FYI, it is advisable for married couples living in community property states to file a bankruptcy jointly even if only one spouse has incurred the debt.
How do polygamist claimed to be married if it is not legal?
Many polygamists are legally married to their first spouse, and only religiously or 'spiritually' married to the other spouse, without a legal marriage liscence.
If a parent deeds a home to their child and that child is married is the spouse entitled to that home if the parent wanted only their child to have ownership.?
That will depend on the laws in that jurisdiction. Many states require a spouse to have an interest in all real property owned during the marriage.
What is it called when A person is married to only one spouse at a time?
monogamy
If you are about to get married and you are filing Chapter 7 bankruptcy will this bankruptcy affect your spouse in any way after the marriage?
It will only affect the non-filing spouse if the couple apply for some type of joint credit, such as a home mortgage. It will not affect the new spouse's credit report/score.
Is spouse responsible for husbands debts in Arkansas?
yes only if married at the time or unless if their credit cards no
What is immediate family?
IF NOT MARRIED: Only your mom, dad, brothers and sisters. IF MARRIED: Spouse & Children/and the above.
If someone lives in Florida and marries in Louisiana and one spouse dies what is the other spouse entitled to?
u only said he is married once... u never said he was married in florida and also its the spouse that dies not the person
If a mobile home in the name of only one spouse and they die is the other spouse resposible for the the debit?
The estate of the deceased is responsible for the debts. The spouse is going to have to pay the debt as a beneficiary of the home purchased by the spouse.
You bought your home a year before you were married and your husband give you money on half of the payment if you divorce is your house part his?
Yes. Florida is a marrige state once you are married not matter if married before or after you are both now owners of that home. * If the house was in your name ONLY before you got married, he has no claim to it. * If the spouse was not added to the title then he does not have ownership rights to the property itself. He will however, be entitled to recover at least a portion if not half of the money he paid into the purchase of the property or a "trade off" in other assets to allow the equitable distribution of marital property.
Incarcerated husband property rights spouse?
The spouse of an incarcerated husband has all rights over their property. This is only if the two people are legally married.
