Legal Question in Family Law in Arizona

Do Disclaimer Deeds hold water on investment properties during divorce?

I was married for 3.5 years, during

which time I purchased over 20

investment properties using both what

would be consitered ''community funds''

and personal business funds. My wife,

a licensed REALTOR in Az, signed

disclaimer deeds on almost every

property at the time of purchase. The

disclaimers were never for the purpose

of financing OR refinancing, as I paid

cash for the majority of them. We are in

the middle of a divorce now and she is

claiming half interest on EVERY

property. Will the disclaimer deeds

hold up in DIVORCE court, and if not,

will an appeals court overturn the

decision made by the divorce court. is

there aby case law that has overturned

the decision?


Asked on 10/11/06, 11:18 pm

2 Answers from Attorneys

Monica Donaldson Stewart Donaldson Stewart, P.C.

Re: Do Disclaimer Deeds hold water on investment properties during divorce?

You have provided limited facts, so my brief response just addresses those facts. To the extent community funds were used to purchase the properties, there is a community claim for reimbursement, even if a disclaimer deed was signed.

We offer a free initial consultation, so please feel free to contact our office to speak with one of our attorneys about the details of your case.

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Answered on 10/11/06, 11:26 pm
Rich Peters R. J. Peters & Assoc., P.C.

Re: Do Disclaimer Deeds hold water on investment properties during divorce?

While I do not have the specific cases at my fingertips, I know there is case law that would support you and case law that would support her. It truly will depend upon the facts surrounding the transactions and disclaimer deeds, and the facts will be "decided" by your trial Judge.

I could, if you like, perform specific legal research to find the exact cases on point. I would expect 2-4 billable hours to do so.

We also offer free 1/2 hour consultations, in which we can discuss your matter in detail. (Although this would not include case-specific research.

Please call me directly to discuss the specifics of your case, or contact my assistant Alicia to schedule a free 1/2 hour consultation.

/s/ Rich J. Peters, Attorney

-------------------------------------

R. J. PETERS & ASSOC., P.C.

1422 N. 2nd Street, Suite 100

Phoenix, Arizona 85004

602x254x7251

602x254x1229 (facsimile)

see our web page at www.familylawaz.com

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Answered on 10/12/06, 10:30 am


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