Legal Question in Family Law in Massachusetts
ex-wife entitled to new home equity
I have been divorced legally for 7 years. I have re-married
and have 2 children with my new wife. I bought a home in my name only 2 years after my divorce.I pay support for 2 with my x and I am current. Does my x have any entitlement to the equity in the sale of my new home well removed from our marriage.I have looked at the decree it clearly points out a waiver of all future interests. She is ruthless and is dragging me back to court to see if I make more money as she does every year ....no problem...however this documentation is requesting I produce any sale type documentation..she knew I was selling becouse I am moving out of state. This is not INCOME I need this to roll into another house.
3 Answers from Attorneys
Re: ex-wife entitled to new home equity
No, she is NOT entitled to it.
Re: ex-wife entitled to new home equity
Dear Sir: As you stated in your decree, you both waived all rights to later acquired property, etc.
Your ex is not entitled to the proceeds that you obtain from the home you acquired with your second wife; as long as, you are current with your child support obligation to her, if so, you should not have a problem. Usually, if you are deliquent in child support, the court can look at your assets to see if you can cure your arrearage, etc.
In any event, it may be wise to have an attorney look over what you have been served with. Good luck!
Sincerely, Maria Murber
Re: ex-wife entitled to new home equity
She is not entitled to anything from the sale of the house, on the facts as you have stated. Without being able to engage in a dialogue with you to clear up any potential issues, the answer cannot be considered definitive.
She is entitled to information about the sale and rollover into a new house to see if she can find evidence that you have more income than you have been reporting. Buying a house and applying for a mortgage tend to encourage people to overstate their income to qualify for a bigger mortgage.
If she does this with regularity and never finds anything, you should ask the court to impose penalties on her and enter an order that she not go into any more fishing expeditions that cost you time and money to defend.