Legal Question in Family Law in Pennsylvania
My legal DOS with my Husband is Jan. 2008, that is the time he signed the Quit Deed Claim of my house. Is the house considered as gift transfer between spouses?
Now he is fighting, wants the court to consider the house as a part of marital asset. Is that possible?
Asked on 3/18/10, 12:37 pm
1 Answer from Attorneys
John Davidson
Law Office of John A. Davidson
Any thing is possible. Assuming you recorded the deed he will have a tough time claiming the house as a marital asset.
As to tax implications. You should be able to record the deed without paying the transfer tax. Further, transfers of real estate as part of a divorce are not subject to federal income tax.
{John}
Answered on 3/23/10, 12:45 pm