Legal Question in Family Law in Massachusetts
if a married person buys a second piece of property,while living outside the jointly owned marital home, in there name only, does that property become part of the marital estate?
Asked on 8/18/10, 2:26 pm
2 Answers from Attorneys
Christopher Vaughn-Martel
Charles River Law Partners, LLC
The short answer is yes, all property owned by the parties is part of the marital estate. How a court would treat the second home, or the equity in it, depends on a number of factors. If you are considering divorce, speak to an attorney.
Answered on 8/23/10, 7:22 pm
Joseph Murray
Joseph M. Murray, Esq.
Yes. If contemplating divorce retain an attorney to draft a separation agreement that may clarify the parties agreement regarding ownership of all marital property. Good Luck!
Answered on 8/28/10, 12:08 pm