Comments on: Community Property vs. Equitable Property Rules in Divorce

By: More on Equitable Property Rules | The Financial Divorce Blog

More on Equitable Property Rules | The Financial Divorce Blog — Fri, 30 Oct 2009 11:56:36 +0000

[...] new here, you may want to subscribe to my RSS feed. Thanks for visiting! As mentioned in an earlier article, most states follow the Equitable Property rule when considering how to distribute [...]

By: Dkane

Dkane — Mon, 22 Jun 2009 01:01:02 +0000

It depends on how the property was acquired and which state you live in. Generally, in a community property state, if the property was acquired during the marriage and they are not separated, then it would be considered community property and included in the assets that would be negotiated during the property settlement. If the property was acquired by the husband prior to the marriage, then it could be considered separate property and would potentially not be included in the assets that would be split. I would recommend that you seek legal counsel in the state that you reside in to determine the proper treatment for this type of situation.

By: danro

danro — Sun, 21 Jun 2009 23:16:15 +0000

I recently read a story: http://www.bankapedia.com/mortgage-encyclopedia/residential-mortgage-terms/309-quitclaim-deed
that claimed a woman was swindled out of her house by a husband planning on divorcing her. He apparently was seeing another women, convinced his wife to quitclaim herself off the property when they were refinancing. Then dumped her, kicked his wife out of the house, moved in with his gf, and she was out of luck.
Does the wife have any recourse in this situation?

By: Assessing your financial health after a divorce

Assessing your financial health after a divorce — Tue, 16 Jun 2009 01:08:17 +0000

[...] is important to understand your financial situation – so start now. Go through all your financial records and set up a filing system that works for you. If you are comfortable with Excel put a spreadsheet [...]