Marital Home Purchased Before Marriage
Worried about the fate of your marital home purchased before marriage? Our Stillwater divorce lawyer explains what you need to know in this video.
What happens to a marital home that was purchased before marriage?
If you’re going through a divorce process or will soon be going through the divorce process and you’ve purchased a home prior to the marriage, you need to determine whether it’s a separate or marital asset. In doing so, there are some circumstances where it will be separate if you’ve purchased it outright prior to the marriage and no improvements were done during the course of the marriage.If there are other cases that arise where there has some been some appreciation or payments have been made during the course of the marriage, it may be considered at least in part a marital asset subject to division. You need to contact an experienced divorce attorney to go over the facts particular to your case to determine what will be considered.
Are you thinking about leaving your marriage and have questions about a marital home purchased before marriage? Contact a Stillwater divorce attorney at Murray Law Firm today for a free confidential consultation and case evaluation. Let our experience work for you.
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