Legal Question in Family Law in Massachusetts
My hushand and I purchased a home that was in his family. We bought his brother out, now we are seperated is this a marital property or his home.?
3 Answers from Attorneys
All assets acquired during the course of the marriage are considered to be part of the marital estate. What portion of the marital estate each party receives depends on many factors. With regards to the home that you and your husband purchased during the course of your marriage, that would be considered part of the marital estate which would be divided in a divorce. The fact that you purchased the home from a member of his family should not be an issue.
If you plan on moving forward with a divorce I strongly recommend you speak to an attorney. If you are interested in a free consultation please contact me at 617-523-3200 to schedule a time that is convenient for you.
Thank you,
Attorney Urukalo is correct. All property is potentially considered part of the marital estate, and a judge will apply a number of factors in making an equitable (fair) division of the assets/property. If you are considering divorce, and would like to speak with an attorney, please give my office a call 617-357-4898.
All property purchase during the marriage is usually considered marital property. Retain an attorney to review this in more detail. Good Luck!