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chillypowder
Yahoo User
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 Posted: Mon Jul 02, 2007 12:08 pm Post subject: Should a husband take his share of the house after divorce if it was a wedding gift to both by inlaws? |
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| A friend is getting a divorce after seven years of marriage. His house was given as a gift to both for the wedding by her parents. His name is on the deed and he has been paying the mortgage for 7 years. There is around 600K equity on house should or can he take half? Is it ethical. I'm thinking if roles were reversed she would absolutely take half. Is that good enough reason for him to do the same? |
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oo
Yahoo User
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| Posted: Mon Jul 02, 2007 12:10 pm Post subject: |
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| maybe |
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joseph m
Yahoo User
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| Posted: Mon Jul 02, 2007 12:10 pm Post subject: |
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| YES !!!!! |
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Mike M
Yahoo User
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| Posted: Mon Jul 02, 2007 12:10 pm Post subject: |
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| Yes |
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John Q
Yahoo User
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| Posted: Mon Jul 02, 2007 12:11 pm Post subject: |
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| Yes, it is for sure a good enough reason. Half of the assets are his, plain and simple. |
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kja63
Yahoo User
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| Posted: Mon Jul 02, 2007 12:11 pm Post subject: |
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| Of course he's entitled to half. |
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Maggie
Yahoo User
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| Posted: Mon Jul 02, 2007 12:11 pm Post subject: |
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| Absolutely - it works both ways. All assets acquired or maintained during a marrige should be divided. |
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sleepsheepnyc
Yahoo User
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| Posted: Mon Jul 02, 2007 12:11 pm Post subject: |
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| Yes. |
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skcs11
Yahoo User
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| Posted: Mon Jul 02, 2007 12:11 pm Post subject: |
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| yes, 1/2 is his |
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ferris2001mt
Yahoo User
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| Posted: Mon Jul 02, 2007 12:11 pm Post subject: |
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| Yes, why should it be any different for men vs women? |
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caraanne2005
Yahoo User
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| Posted: Mon Jul 02, 2007 12:12 pm Post subject: |
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| your friend is a fool if they do not seek half the value of the home |
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Ginnykitty
Yahoo User
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| Posted: Mon Jul 02, 2007 12:12 pm Post subject: |
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| Divorce is sad but everyone should divide everything up. It makes a really bad mess of things because some things are hard to divide. good luck to both of them. |
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Tally
Yahoo User
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| Posted: Mon Jul 02, 2007 12:12 pm Post subject: |
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| Yep, fair is fair, assets should be divided equal. His name is on the deed, he's entitled to half. |
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fox
Yahoo User
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| Posted: Mon Jul 02, 2007 12:12 pm Post subject: |
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| It's not a good enough reason for him to take half the house just beacause if the roles were reversed she would. What IS a good reason, is that it was given as a gift to both of them as a wedding gift. He is leagally ENTITLED to half of it. |
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Mike E
Yahoo User
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| Posted: Mon Jul 02, 2007 12:12 pm Post subject: |
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| Any property/material possesions. obtained jointly while married should be split equally amongst both parties. Anything she had before and anything he had before leaves with the person who brought it.This would include gifts. |
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