Legal Question in Family Law in Colorado
Re: property ownership in marriage/divorce
My husband added my name to all his property, (home businesses, etc.), when we married. In a court of law, would I then be considered half-owner of these properties in the event of a divorce?
Thanks for any information.
2 Answers from Attorneys
Re: Re: property ownership in marriage/divorce
Assuming no restrictions when you were listed on the deeds or titles, you are a joint owner of those properties and usually that means 1/2.
You have other rights in a divorce situation, also, such as community and homestead rights, and if he is a licensed professional you could have an interest in his professional license, also.
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Re: Re: property ownership in marriage/divorce
Placing assets in a spouse's name generaly means you get an interest, generally equal. Colrado is not a community property state like New Mexico, so the answers are sometimes different.