Does the wife get to keep the house in a divorce?
Table of Contents
Does the wife get to keep the house in a divorce?
If that spouse takes specific steps to keep the house as a separate asset during the marriage, then he or she will get to keep the house in a divorce. If a spouse moves in and starts making contributions to paying the mortgage and the upkeep of the home, then the house can become a marital asset.
Can you get divorced but still live in the same house?
It is often common for a husband and wife to separate but continue to live together under the same roof. Often this is for a short period of time, however it is also not uncommon for spouses to remain living together in the same home for months or sometimes even years following separation.
How do I protect my assets when getting married?
The only way to protect your assets in a relationship breakdown is with a Binding Financial Agreement (BFA), also known as a prenup.
How does marriage affect home ownership?
How Does Marriage Affect Your Mortgage? Applying for a mortgage as a single man, single woman or as a married couple has no bearing on your ability to qualify. In fact, marital status is a protected category under the Equal Credit Opportunity Act.
