Legal Question in Family Law in California
Divorcing...Is she entitled to 1/2 of home value?
My dad bought the home we live in (title in his name) while my wife and I lived there. We only paid taxes and insurance while he paid the actual mortgage. Now we're divorcing, and I would like to know: what is my wife entitled to?
Asked on 1/01/07, 7:08 pm
1 Answer from Attorneys
Laurence Haines
HainesLaw
Re: Divorcing...Is she entitled to 1/2 of home value?
Certainly not any part of the house since your Dad owns it. She would be generally entitled to 1/2 of all community property accumulated during the marriage which would include any other real property, tangible property, interest in retirement accounts and/or pensions, and 1/2 of the community debts. This is a generalization only and is fact specific.
Hope this helps.
Answered on 1/02/07, 5:30 pm
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