QUESTION
Is it legal to enter into a buying contract using marital funds?
Asked on Sep 25th, 2014 on Divorce - Ohio
More details to this question:
My wife and I agreed that we should divorce and that she move out. But the question remains that if it's legal in the state of Ohio to enter into a buying contract using marital funds. And if one does before filing for a divorce could the other party be liable for a possible breach?
1 ANSWER
Bankruptcy Attorney serving North Olmsted, OH
at
James F. Lentz Attorney & Counselor at Law
Update Your Profile
If marital funds are used, the item being purchased becomes a marital asset, subject to being divided in the estate or sold. If you have decided to divorce, the time in NOW to talk with a lawyer. You can make things unnecessarily complicated and expensive in terms of lawyer fees if you do not. The answer to this question does not create a lawyer client relationship. Nor is the answer to be taken as legal advice. It is only meant for entertainment purposes.
Answered on Sep 26th, 2014 at 9:40 AM