Legal Question in Family Law in Minnesota

real estate

I am divorcing in Minnesota. Was told that if I give the house to my wife that my name remains on the deed and the mortgage. Is this true? That would make me responsible for the payments even though it is decreed in the divorce that she retains the house? We have no children involved.

Does this also apply to all the debts that we are dividing? That both of our names remain on these?

Thank you.


Asked on 12/17/06, 11:18 am

1 Answer from Attorneys
Maury Beaulier612.240.8005 Minnesota Lawyers

Re: real estate

That is correct and it would apply to all debts. The onbly way to cleanly divide assets and debts and to protect your credit rating is to refinance the debts into the name of the person who will be paying them.

For a consultation call us or visit divorceprofessionals.com

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Answered on 12/17/06, 12:03 pm


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