Marital Home Purchased Before MarriageWorried about the fate of your marital home purchased before marriage? Our Stillwater divorce lawyer explains what you need to know in this article. Read Our FREE Divorce Guide
Question: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. Like Us on Facebook Out of Town Legal Resources We primarily help people in Oklahoma, but we are constantly looking for lawyers and quality online resources that can help people in other parts of the country. We found these family law attorneys in Jersey City, NJ that helps with property settlement issues and they created a lot of great online educational resources. If you live in New Jersey and are looking for more information about property settlement take a look at their online property settlement resources.