Sunday, May 4, 2014

Doe my wife have any rights to monies in my trust, from a home sale, if I owned the home prior to marriage. Or any monies of mine before mar...

Question

Doe my wife have any rights to monies in my trust, from a home sale, if I owned the home prior to marriage. Or any monies of mine before marriage?



Answer

No, unless you commingle those funds in the same account, give the money to her or otherwise transmute the funds from separate to community property.



Answer

Like most answers in law, "it depends" -- on facts you have not set out, including such things as whether payments were made on such a home during the marriage. For a recap of the rules governing this subject, see http://willicklawgroup.com/property-rights-and-division/.



No comments:

Post a Comment