Posted on: 04th May, 2010 04:26 pm
My wife and I bought a house in CA in 1987. We put it in her name because I was under a huge lawsuit back East for a leaking gasoline tank at my gas station. I put down a 40,000 check from an annuity I had and have made every mortgage payment since then either from a joint account or my own account. There were maybe 3 years when she either paid it from a joint account or her own account. it was supposed to go to whoever died last. She died last November and now I find that she put the house in her trust fund but I "can live in it until I die." My oldest grandson is the trustee and I told him I was not paying any more mortgage or insurance and he has been paying it. am I entitled to recoup the money I put from my annuity and joint and private accounts under the Moore-Marsden law?
Hi Hoodah,
As far as I know, the Moore Marsden law will come into affect in case of a divorce. During the divorce, the court will divide the property as per the law. In your case, I don't think you would be able to recoup the money. However, you can contact an attorney who is an expert in this regard and take his opinion. To know more about Moore Marsden Rule, check out the given page:
http://www.mortgagefit.com/know-how/mooremarsdenrule.html
Thanks
As far as I know, the Moore Marsden law will come into affect in case of a divorce. During the divorce, the court will divide the property as per the law. In your case, I don't think you would be able to recoup the money. However, you can contact an attorney who is an expert in this regard and take his opinion. To know more about Moore Marsden Rule, check out the given page:
http://www.mortgagefit.com/know-how/mooremarsdenrule.html
Thanks