What is the name of your state (only U.S. law)? CA
I bought a property with my mom before I was married. I then did a 1031 exchange with this property after I was married. I cashed stocks that I acquired before I was married and put the money toward the 1031 exchange. My spouse claims that he, too, owns the 1031 exchange property. His name is not on the title. However there is a wire transfer into the 1031 escrow account from an equity line of credit held on a property with only his name on the title. There was no written contract to stipulate that he owned any of the property or that I "borrowed" money from him. Is he entitled to the property?What is the name of your state (only U.S. law)? CAWhat is the name of your state (only U.S. law)?
I bought a property with my mom before I was married. I then did a 1031 exchange with this property after I was married. I cashed stocks that I acquired before I was married and put the money toward the 1031 exchange. My spouse claims that he, too, owns the 1031 exchange property. His name is not on the title. However there is a wire transfer into the 1031 escrow account from an equity line of credit held on a property with only his name on the title. There was no written contract to stipulate that he owned any of the property or that I "borrowed" money from him. Is he entitled to the property?What is the name of your state (only U.S. law)? CAWhat is the name of your state (only U.S. law)?