J
Jane G
Guest
Live in Arizona and owned a house before marriage 2 years ago. Now thinking of divorce I have paid all mortgage, Ins, repairs from my seperate bank account He has lived with me for two years I have paid all household bills. Have not co-mingled any money. He makes $80,000 I make $20,000 per year
House has gone up in value by about $20.000 My husband says he is entitled to half of that ($10,000) I will need to sell the house and give him his share.
The following is from the Arizona law: My question does "increase and profits thereof" refer to the appreciation of the house?
25-213. Separate property defined All property, real and personal, of each spouse, owned by such spouse before marriage, and that acquired afterward by gift, devise or descent, and also the increase, rents, issues and profits thereof, is the separate property of such spouse.
Thank you for any advice
House has gone up in value by about $20.000 My husband says he is entitled to half of that ($10,000) I will need to sell the house and give him his share.
The following is from the Arizona law: My question does "increase and profits thereof" refer to the appreciation of the house?
25-213. Separate property defined All property, real and personal, of each spouse, owned by such spouse before marriage, and that acquired afterward by gift, devise or descent, and also the increase, rents, issues and profits thereof, is the separate property of such spouse.
Thank you for any advice