Marital property refers to most of the property acquired by spouses during their marriage. However, states vary as to what is considered marital property. Some states exclude inherited property and gifts. You need to check the laws in your jurisdiction.
You do not necessarily have to be married to own jointly owned property and even when an individual is married for 60 years he could still keep property separate from his spouse. Property is considered jointly owned if you purchased it together (each contributing), your name is on the property, or in some situations when you are married and you have substantially contributed to the property. If your spouse has kept the property separate by keeping it in his name, only putting his money into it then it will be considered separate.
Yes, it becomes part of the community property. I thought inhertance didn't count as community property? The money rec'd each month would be community property, but the actual titles and deeds would remain in the person's name who inherited the inheritance from grandmother, right?
no
Yes, she would be considered a natural heir.
Next of kin and heirs at law are his wife and children. If you want to know who inherits his property if he dies without a will you can check the laws in your state at the related question link below.
I know in my state, Louisiana, that would be considered an inheritance, and therefore, not community property. So, no, your husband would have no claim to it.But you need to check the inheritance laws of your state.In the USIn the United States a woman is allowed to own property in her own right. Her husband has no control over property she inherits. That sort of practice went out with the Married Women's Property Acts beginning in the nineteenth century which were originally designed to protect their property from their husband's creditors. In a community property state generally, a spouse's separate property consists of property the spouse owned before marriage or acquired by gift or inheritance during the marriage.
If you are married in a community property state, then yes, it is a community property. The mortgage is irrelevant - it is whose name on the deed that determines ownership.
Iowa is a separate property state. A married woman can own property in her sole name. If the property is sold, her name goes on the check as the payee.Iowa is a separate property state. A married woman can own property in her sole name. If the property is sold, her name goes on the check as the payee.Iowa is a separate property state. A married woman can own property in her sole name. If the property is sold, her name goes on the check as the payee.Iowa is a separate property state. A married woman can own property in her sole name. If the property is sold, her name goes on the check as the payee.
Normally the spouse inherits the house. By law in Michigan a married couple should own the property as Tenants by the Entirety, which means that it transfers upon the death of the other spouse. Check the deed to insure that is so.
The usual rule of thumb on something like this is community property. If Ohio is a community property state the chance is you may have to turn over half. If it isn't you may not. Get a lawyer to find out for sure.
No. My husband owned a house in North Carolina before we got married, he refinanced it after we got married the deed is in my name but the loan is not. Do I still have a legal right to the house when we divorce? Once the property is deeded in your name it is considered a gift to the marriage and you now have legal rights.
If you are not on the deed you have no rights in the property. If you are not legally married and the owner dies you have no legal rights in the property.