Legal Question in Family Law in California
Residence to be held in trust for son was mortgaged
According to my husband's divorce decree, the residence his ex-wife is living in was to be held in trust for their son. Home had no mortgage at the time of the divorce. Ex-wife and her new husband have 50/50 ownership and have mortgaged the property. Is there a legal way she could do this or is there a loophole that would allow this to happen?
Asked on 6/15/07, 1:15 pm
1 Answer from Attorneys
PATRICK MCCRARY
PATRICK MCCRARY
Re: Residence to be held in trust for son was mortgaged
She can do this if she has not recorded the interest as granted by the dissolution judgment. You should talk to an attorney to protect your son's interest. Good Luck, Pat McCrary
Answered on 6/15/07, 1:40 pm