More details to this question:
I inherited my mothers house when she died. The house was paid off. We needed to borrow against the house because my husband wasn't working. Because everything was in my name, my credit was shot, so I had my husbands name put on the house so he could take out a mortgage. Because I put his name on the house, is it now marital property? If we divorce do I need to give him half of the equity in the house? I cannot afford that. I would rather remain in a loveless marriage than lose my house.
1 ANSWER
The house would have been part of the marital estate regardless in whose name the title is held. While the presumption in NH is that all property will be divided equally, the court may consider factors such has inheritance, the length the marriage, and money of the factors in deciding not to divide property 50/50. You should seek a consultation with a lawyer, many of whom offer a free initial consultation. Best wishes.
Answered on Oct 01st, 2018 at 6:00 AM