im planing to divorce next week.my husband paid off the house few years ago. we married in 2011, the house when we married is worth $600000,now is &700000, can i get half of $700000-$600000.my friend is 100% said yes. but i ask a lawyer she said no.i need the right answer
Divorce / Separation Lawyer
Did your husband own the house before you were married? If so did he pay the house off before or close to the point in time you got married you would not participate in the increase in equity, i.e. the $100,000. If he paid the house off with funds that were earned after your marriage, then you have a claim for minimally one half of the amount of funds he used to pay off the house. If he owned the house before marriage and paid off the loan with separate funds prior to or immediately or in close proximity to the time of marriage you will nor receive one half of the $100,000 nor anything of any significant amount of value.
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