Legal Question in Family Law in California
I live in California. I got married 6 months ago and did not enter into any prenuptial agreement. I am about to purchase a house, and will be making the down payment and all future mortgage payments myself. How do I protect my investment in the unfortunate scenario that we get divorced a few years after we purchase the house? I know that CA is a community property state. Is a Transmutation Agreement the answer?
Asked on 12/13/11, 5:23 pm
1 Answer from Attorneys
You might be better off using a post-nuptual agreement on the subject. That would have more flexibility regarding the future mortgage payments. Technically you could need a separate transmutation for each payment of principal out of earnings during the marriage.
Answered on 12/13/11, 6:01 pm
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