QUESTION
Can I purchase a house with my own money during a divorce?
Asked on Apr 04th, 2022 on Divorce - Pennsylvania
More details to this question:
My wife and I are getting divorced. On our own, in agreement of both our attorneys, we split a joint investment account 50-50 into individual accounts. Can I use my 50% of that to purchase a home during the divorce that would not count as marital property
1 ANSWER
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If you entered into an agreement to divide assets, any asset that you retain as your separate property may be used by you at any time for any purpose.
I trust this has been helpful, but feel free to call or email on a free initial basis.
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Matthew R. Nahrgang, Esquire
35 Evansburg Road, Ste 400
Collegeville, PA 19426
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Answered on Apr 05th, 2022 at 6:57 AM