Legal Question in Family Law in Georgia

I have been married 25 years. I own 2 homes and some property. There is quite a bit of equity in the homes. The first home I purchased when we were separated 19 years ago. The most recent property I purchased about 5 years ago when my husband lost the home in his name and filed bankruptcy. All these properties above are in my name and he has never, except for 1 year while I stayed home with our daughter, made a payment. As a matter of fact, I loaned him $20,000 from an equity line that he promised to pay back and 8 years later I am still paying on. I have paid all the mortgages all along and have paid all the bills period for years. I am tired of supporting a man and am about ready to leave. How can I keep my husband from getting anything from the properties I own, that he never paid anything towards. I pay all taxes and insurance as well. Should I quick deed them to my parents and wait a couple years before I file for divorce...I am just trying to protect myself and all the hard work I have put into owning property. I am hoping it does not come to this but I need to plan ahead so it does not seem like I did it to keep anything from him If I file for divorce.


Asked on 7/15/14, 5:43 am

2 Answers from Attorneys

Glen Ashman Ashman Law Office also dba Glen Ashman Attorney

There is no such thing as "quick deeds" and there are huge tax and other consequences to transfering marital property to family members and then seeking divorce. The property IS divisible and you likely also face an alimony issue. Sit down with a lawyer. You could screw this up very badly.

Read more
Answered on 7/15/14, 6:48 am
Ralph Villani VILLANI LAW FIRM

Glen is absolutely correct

Hire counsel ASAP

Where does spouse live and does he work; how long continuously separated at present; where are your homes; which one is your residence and which is your rental property; how many children of issue from your marriage and what are their ages???

These, and many, many more questioned will have to be answered by you when you hire counsel; and, then, and only then, will your attorney be able to give your proper advice and protect your interests and those of your children and protect you hard-earned assets.

Good luck (770.985.6773 - answered 24 X 7, 7 days per week)

Ralph

Read more
Answered on 7/15/14, 8:45 am


Related Questions & Answers

More Family Law, Divorce, Child Custody and Adoption questions and answers in Georgia