Legal Question in Family Law in Pennsylvania
property settlement
If an engaged couple decide to buy a house before the wedding and the fiance puts the house in his name only , if later the couple divorce is the house his or both husband and wife joint property?
Asked on 12/09/05, 2:41 pm
1 Answer from Attorneys
Mark Johns
Mark Johns, Esquire
Re: property settlement
The value of the home, minus the mortgage owed at the time of the wedding, would probably be considered the husbands. The mortgage payments would be made presumably from current income which is marital property. Additionally, any increase in the value of the property during the marriage would be considered a marital asset.
Answered on 12/09/05, 2:49 pm
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