Q: I just filed for divorce we were married going on three years and purchased a house two years ago I put the down payment
With money I had before we were married will I get that back before splitting everything up from the sale of the house
A: Your entire financial situation will be taken into account and nothing will be determined "in a vacuum" To properly answer your questions and address your concerns, the best way to handle this is by retaining an experienced matrimonial attorney. You need the best attorney you can afford, do not let geographic considerations be a factor in your choice of an attorney. Pick the best lawyer you can find and remember one rule: a good lawyer is generally never cheap, and a cheap lawyer is generally never good so don't choose based on price.
A: It’s not automatic that you will get that money back. Another option is to receive more than 50% of the equity based on the money you put down. The outcome really depends on the details of the purchase and the property after the purchase. You need a strong attorney representing you to fight on your behalf; consider consulting and retaining an experienced attorney for your divorce.
A:
Thank you for your question. I would be happy to assist.
I understand your concerns relating to premarital funds that were used to purchase a marital home. As part of divorce, there needs to equitable distribution of properties that were acquired during the marriage. Depending on where funds were from and how money was used during the marriage is a factor that will dictate how certain properties will be disposed during a divorce. In most divorces, the distribution of marital assets can be a complex issues that may be difficult in resolving. For this reason, it would be wise to contact an experienced family law attorney to address your specific concerns.
I hope this information was helpful to you.
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