Wednesday, 11 March 2015

When a couple gets married (KY) and a house is owned already by one person, is it law that you must put the other person on the deed? Or is ...

Question

When a couple gets married (KY) and a house is owned already by one person, is it law that you must put the other person on the deed? Or is it pre marriage property?



Answer

The house is non-marital property and remains so. There is no requirment that one changes the deed. If a divorce occurs, then the spouse can try to prove that the value of the house was increased through marital efforts (such as using marital funds to build an addition or to remodel). Any increase in value, other than ordinary market forces, is a marital interest in the property. Otherwise, the house remains non-marital.



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