Virginia  |  Admiralty Law

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6/29/09, 9:23 am

Legal Question


Personal boat loan in both names - can he take it?

Legally married. Private boat loan through family member. I live on boat and pay all loan and insurance premiums. Spouse has no financial input in vessel. Can he take it from me?


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6/29/09, 11:48 am

Legal Answer


Re: Personal boat loan in both names - can he take it?

Not likely, assuming that you have an accurate record (or can produce such a record) of all of these payments and the spouse is unable to make a case for a credible claim to the boat as marital property.

Michael E. Hendrickson

Attorney & Counsellor at Law 211 North Union Street Suite 100 Alexandria, 22314

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