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General Forums >> Spousal Support /Alimony
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NicoleCMT
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Reged: 01/02/08
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My name is on NOTHING
      #167567 - 01/03/08 12:30 PM (64.172.142.154)
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My stbx purchased our home before we met, my name was never added to the deed. He put his "blood, sweat and tears" into remodeling our home so I opted not to fight him for it. We have only been married for 2.5 years, is there any chance I will receive compensation for not getting to keep our home?

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ILMom
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Re: My name is on NOTHING [Re: NicoleCMT]
      #167570 - 01/03/08 12:45 PM (67.175.126.61)
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Maybe part of the equity that accrued over the past 2 1/2 years. But before your marriage the value is considered non marital property, as I understand it.

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Jada
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Re: My name is on NOTHING [Re: NicoleCMT]
      #167627 - 01/03/08 06:37 PM (69.115.64.195)
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[quote]My stbx purchased our home before we met, my name was never added to the deed. He put his "blood, sweat and tears" into remodeling our home so I opted not to fight him for it. We have only been married for 2.5 years, is there any chance I will receive compensation for not getting to keep our home? [/quote]

What you will be entitled to is at least half of any increase in equity in the home that happened during the marriage. Let's say the house was worth $100,000 when the two of you got married. And it's worht $150,000 now. You would be entitled to at least half of the $50,000. The rest of it is his.

And given the length of your marriage, you probably get that much alimony, either.


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