His wife has paid nothing into the home.
She came into the picture over 30 years later after the home was already purchased and paid off. Is his wife still entitled to half of the home if they divorce? |
Yes. |
No.
But if he dies and leaves her the house she will get the house. |
This might vary by state, the financial need of the ex-wife, whether they have children who go to the neighborhood school, etc...
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Inherited non co-mingled assets are not considered community property. If he puts her name on the deed, it becomes co-mingled. If he passes away and his will doesn't have explicit instructions for dealing with the home, she will inherit it. |
How's it titled? Need a lawyer involved if you really want to understand. |
My family has a farm in Ireland we have owned at least 400 years. My great great grandfathers house is still there in ruins as well.
My grandmother set up will to give to oldest son. She had five kids. Never updated will. Well he was a life time bachelor and got married at 72. Dropped dead 74 and his wife of two years got farm. She has two deadbeat sons who wanted to sell it to a developer who wants to build townhomes. It is 110 acres My “aunt” after getting an earful decided not to sell in her lifetime, but giving to her sons after her death. Say they are selling. I will never understand why she did not make the will 22 acres each for her five kids. No one has lived on property in 50 years. Just abandoned. Soon to be townhomes or condos Such is life |
You call her your aunt? I would call her another name that begins with the letter B. |
Her name can be added to it even though she has not paid 1 single red cent into the home? |
If he wants to, sure. Why wouldn't he be able to do that? |
Additionally, why wouldn't he? Most people would prefer their home go to their spouse and eventually to their kids than to anyone else. Making it a joint tenancy keeps the property out of his estate and make inheritance easier. |
Is it in a trust? |
Sorry, that is really unfortunate. People don’t often think through estate planning well. Particularly not a 72 yr old bachelor. |
Depends on 1) what state and 2) if relative wants to do anything to prevent that. |
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