Estate Law Questions? Ask an Estate Lawyer.
Hi and welcome to JA. Ray here to help you tonight.
You may be able to force a division of this marital asset in divorce court.If this was marital property it may be subject tot division.You would need to look to the terms of the trust, whether you agreed to it, whether the house was titled to the trust ,etc. I am assuming that you are asking if you have a claim to your share of the property and the answer is yes you can ask the court to divide it as marital property if the residence was purchased during the marriage here.
You would raise this issue as part of property settlement in the court that granted the divorce.You may well have rights to half of it as part of a divorce here.
I appreciate the chance to help you tonight.Thanks for the chance to do so.Let me know if you have more follow up.
You would have an equitable interest here if it was marital property even if title is in your wife's name.You would ask court to divide it here and pay you your share by sale if necessary.Thanks and the best to you here.
Connecticut is what is termed "a pure equitable distribution state," which means all property is subject to distribution in a divorce. This means that the judge can distribute any assets of either party in the manner he or she finds "equitable." Here you claim half of this if you purchased it during your marriage here.
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You would have to contest this with IRS if you wanted to do so.She does have legal title, you would have to point out to them that you have a marital interest.The IRS would look to actually was making payments here.If both of you were paying both were entitled to deductions for your ownership interests.
Thanks for your patience.I hope you are able to reclaim your share here and your deductions..
Report the ex here..
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