Buying property
If a couple are married and buy a
house, but the house is only in one
of their names (mortgage and deed)
what happens in the following cases:
Divorce- does the house get split
50/50 since we are a legal entity?
Death- the house would go to the
living spouse?
Re: Buying property
Divorce: the property is a marital asset, to be divided in the equitable distribution process.
Death: depends on whether there is a will or not, and on a variety of other complicated factors.
