msmom22000
Member
What is the name of your state (only U.S. law)? VA
My husband and I were married 8/06 and are now in the process of separating. There was no infidelity, or abuse in the marriage.
I've read up on marital property and am slightly confused. I sold my house approximately 6 months after we were married. We recently refinanced his home for 80% of the value, and although I am not on the loan, I am now on the title. Is this now considered marital property? There was about 30k pay to us on this loan. 10k will be going into the home and a contract has already been signed for the work.
I do not want the home, as I will be moving to a different state and am willing to do whatever it takes to get my name off the title. I have put approximately 58k from the sale of my home and another 4k from a retirement account after taxes in addition to working a little over half the period we have been married. (he encouraged me to quit my job).
I am planning on leaving the home and the majority of the furnishings behind when I move.
Basically, I am trying to make sure I am fair to him, as well as myself. We have also purchased a new vehicle, which is entirely paid off.
There are 2 campers which I am also leaving with him.
How do I know what the right amount is to ask for?
My husband and I were married 8/06 and are now in the process of separating. There was no infidelity, or abuse in the marriage.
I've read up on marital property and am slightly confused. I sold my house approximately 6 months after we were married. We recently refinanced his home for 80% of the value, and although I am not on the loan, I am now on the title. Is this now considered marital property? There was about 30k pay to us on this loan. 10k will be going into the home and a contract has already been signed for the work.
I do not want the home, as I will be moving to a different state and am willing to do whatever it takes to get my name off the title. I have put approximately 58k from the sale of my home and another 4k from a retirement account after taxes in addition to working a little over half the period we have been married. (he encouraged me to quit my job).
I am planning on leaving the home and the majority of the furnishings behind when I move.
Basically, I am trying to make sure I am fair to him, as well as myself. We have also purchased a new vehicle, which is entirely paid off.
There are 2 campers which I am also leaving with him.
How do I know what the right amount is to ask for?