Q: Should my fiancé purchase a home before or after marriage with the deed only being in his name? We don’t have a prenup.
His parents want to purchase a home for him, after we get married with it only being in their sons name. I own 100% of My business, in which I had initially planned to co-own with my future husband; is successful & profitable. If he purchases a home before we get married, solely in his name, wouldn’t both my business & his home split equally between us both if there is no prenuptial agreement? If his parents are paying & insisting it be purchased only in his name after our wedding, where does that put the deed & title of the home in regards to marriage sharing legality? If something was to happen with our marriage would I have to buy him out of my business & not have any right to the home?
You need to speak with an attorney in detail about your situation. Any bought prior to the marriage is pre-marital property. If the house is purchased after the wedding, it is marital property, regardless of whose name it's titled in.
--Regina Edwards | www.EdwardsFamilyLaw.com | 770.854.0777
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