My in-laws wired us 150,000 dollars from another country to buy the house we live in right now. There is no note or anything stating that the money is their gift to us or borrowed. They used to live in the same house until they had a few fights with me. Now my husband and I are considering a divorce. On papers my husband and I own the house. When getting a divorce, do I get half of the house property?
Generally, unless there's a Note stating that the money was a loan or some other way of proving that it was a loan (such as a history of payments), it's a gift.
That said, Georgia applies the Equitable Division of Property rule and the court might take into consideration the source of the funds and equitably apportion more to your spouse.
You need a lawyer to protect your interests when taking about divvying up property in a divorce.
The $150,000 is a gift unless the inlaws have proof otherwise. However there is no "half" in Georgia. Georgia is NOT a community property state. Georgia does equitable division, meaning the court decides what is fair. That may or may not be 50-50. One factor a court may well consider is the source of funds. with so much at stake, you should see a lawyer ASAP.
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It's not that simple. You are a co-owner of the house, but that doesn't mean you GET half the house. You can't assume that your divorce will split everything 50-50. That's not how it works.
There's too little information to provide a definative answer. Hire a good Georgia family law attorney.
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