Q: If a property was quick deeded to my husband from his mom for 10 dollars at the end of 2021 and we file for divorce
this year, how is that property considered? Would the equity in the home at the time of quick sale become marital property?
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- Answered
A: It depends on whether it was an inheritance or a gift to him or the marriage. Only if it was a gift to the marriage would it be considered marital property.
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