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Intheritance

I used intheritance(mom’s assets) $158K cash purchased a condo during marriage in 2013. Title is under me and wife names. We did not use any bank loan. We did home improvement. We are middle of divorce in 5 years. The curret value now is $450K in 2023. How much I can get from $158K? Please clarify, Blessings

Posted by: Fred | Posted: November 1, 2023

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Separate

You say the calculation applies when a spouse uses community funds to purchase a property.

My understanding is that it’s when a spouse owned a home prior to marriage w separate funds, and then put the new spouse on title.

Please clarify. Thank you.

Posted by: Dlwilson225 | Posted: September 21, 2023

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Can Moore Marsden calculation be used when a property decreases in value during marriage but increases otherwise?

I purchased a home a little over one year prior to getting married. During that time, the property increased in value. Over the term of the marriage (9.2 years), it then decreased in value. I resided in the house and continued to make payments with my separate funds subsequently to date of separation. I then sold the house about 1.5 years after date of separation and the value of the property increased in value during that time, but still decreased in value from the date of marriage to both date of separation and date of sale. Can a Moore Marsden calculation be used in this situation, which is doesn’t appear it can be and if not, how best to determine property division. I have all the breakdown of SP & CP principal payments, etc. Also, the house was never refinanced which helps a little bit from a simplicity perspective.

Posted by: Asha Patil | Posted: May 29, 2023

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