Q: Is a home purchased before a marriage considered marital property?
I have been married for 3 years. I am considering a divorce. I purchased my home prior to my marriage. I have not added my husband to the deed or mortgage. Is the home considered marital property and is it subject to 50/50 division?
A: In general, the home is considered marital divisible property. However, it is possible to re
A: In general, the home is considered marital divisible property. However, it is possible to request credit for the value of the home at the time of marriage as a deviation from the presumed equal division of assets. The shorter the marriage, the more likely that request will be granted. We would be happy to consult on this matter. You may call us at 608-709-5000 to schedule a free phone consult.
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