Legal Question in Family Law in Utah

Property acquired during divorce

If I buy a truck and pay half with home equity that was settled and finance half the amount, is it considered marital property? Anything I purchase until divorce is final - is it considered marital property?


Asked on 7/11/07, 11:09 am

1 Answer from Attorneys
Alvin Lundgren Alvin R. Lundgren, L.C.

Re: Property acquired during divorce

If you received equity from your share of a house from part of a divorce settlement, and then used that money to buy a truckm, the truck is not marital property, but is your own "non marital" property.

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Answered on 7/11/07, 11:22 am


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