Legal Question in Real Estate Law in Minnesota

property and divorce

I have owned a home from before I married my wife and she was never added to the title. We are getting divorce and I was wondering if she would be able to take my house?


Asked on 5/26/04, 12:28 pm

2 Answers from Attorneys
Maury Beaulier612.240.8005 Minnesota Lawyers

Re: property and divorce

There will be a marital and non-marital component to the homestead equity, based on a formula that is called teh Schmitz formula. It does not matter how the home is titled What is important is the equity that was created during the marriage.

you may review an article on the Schmitz formula at http://www.divorceprofessionals.com

For representation call us at 952.746.2153

Read more
Answered on 5/26/04, 1:06 pm
Maury Beaulier612.240.8005 Minnesota Lawyers

Re: property and divorce

There will be a marital and non-marital component to the homestead equity, based on a formula that is called the Schmitz formula. It does not matter how the home is titled What is important is the equity that was created during the marriage.

you may review an article on the Schmitz formula at http://www.divorceprofessionals.com

For representation call us at 952.746.2153

Read more
Answered on 5/26/04, 1:06 pm


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