After 29 years of marriage, my husband still won’t put me on the deed to our home

After 29 years of marriage, my husband still won't put me on the deed to our home

Category: Estates | Inheritances

I recently found out that New York is not a community-property state. I had thought it was for three decades of our marriage. I am not on the deed of the house I have been living in for the past 29 years. This house was purchased while I was engaged, six months before I was married. My husband contributed the down payment of $60,000.

At the time, it was decided to put only my husband’s name on the deed due to my $85,000 student-loan debt. I graduated from dental school one year prior to the home purchase. My husband-to-be also convinced me that having the house in his name only would protect us from any malpractice lawsuits I may incur during my career.

Well, here we are 29 years and three children later, and the house is still in only my husband’s name. I thought that since we were a married couple, I would also have a claim to the house. I was wrong. My husband had a stroke five years ago and I then became fearful of losing my home. He recovered, but there is always the fear of a recurrence.

A lawyer told us that I would inherit the house in the event there was no will, but would have to go through probate to validate this at a cost of $20,000. My husband said he is afraid I will divorce him if he adds my name to the deed — after 29 years of marriage. I have been by his side through several medical issues and two bouts of extended unemployment. I made a vow and I plan to keep that vow.

I have worked throughout our marriage — part-time at first, but now I make double what my husband makes. We have always had a joint bank account. I am afraid that if my husband has another medical issue and requires care outside the home, the house that my children and I call home will be in jeopardy.

I also would like to avoid the cost and effort of probate court if he should predecease me. My husband is 65 and I am 57. He is in fair health and my family has a history of longevity. What is my actual state of ownership in this home, and how should I proceed in convincing my husband to add me to the deed?

I have told him that I deserve to and will own a home. If it is not the home we live in, then I am going to buy myself a house. This house would be an investment with one of my children to help them remain in New York. One positive point is that I would be a first-time home buyer and may qualify for incentives.

I have worked so hard in my life and given so much to my family. I feel that I deserve to own a home in my lifetime.

Continue reading...

See the original article here:

About TriMark Legal Funding

TriMark Legal Funding was founded in 2003 and is one of America's leading national lawsuit funding companies. TriMark provides pre-settlement funding and post-settlement funding, sometimes called 'lawsuit loans', to injured plaintiffs throughout the United States. We offer funding on hundreds of different types of legal claims including personal injury loans, employment litigation funding, workplace injury lawsuit funding, workers compensation loans, mass tort litigation funding, and multidistrict litigation funding.

We also provide post-settlement attorney funding and law firm financing for legal practices.

Personal Injury LawsuitsWork Injury

Click here to see the original article.

* Word-Use Disclaimer

Legal funding is not a loan. It is the non-recourse purchase of an equitable lien in a plaintiffs’ legal claim. Words such as ‘loans,’ ‘lending,’ ‘borrow,’ etc., are used for search and marketing purposes only.
More info

TriMark Legal Funding LLC
1056 Green Acres Rd #102
Eugene, OR 97408